Aguablanca, Spain
Nickel/Copper mine
The Aguablanca nickel-copper mine is located in the province of Badajoz, 80 km by road to Seville, Spain, and 140 km from a major seaport at Huelva. The operations consist of an open pit mine and an on-site processing facility (milling and flotation) with a present production capacity of 1.9 m tonnes of ore per annum. The processing plant has been designed to produce a bulk copper/nickel/ metals concentrate.
Aguablanca Optimization and Expansion Opportunities- Aguablanca Underground Project: No production estimates have been included for the underground project at this stage, pending the completion of the Underground Pre-Feasibility Study in early 2012.
Aguablanca Mine
| Location |
Located in the province of Badajoz, 80 km by road to Seville, Spain, and 140 km from a major seaport at Huelva. |
| Ownership |
100% |
| Type of ore body |
Magmatic nickel copper sulfide |
| Primary metal |
Nickel |
| Secondary metal |
Copper |
| 2P reserves |
6.5mt @ 0.6% Ni, 0.4% Cu |
| Type of mine |
Open pit |
| Mine facilities and method |
An open pit, drill and blast, truck and shovel operation |
| Processing facilities |
On-site milling and flotation (1.9mtpa capacity); tailings impoundment |
| End product |
Bulk concentrate, 7% Ni, 6% Cu |
| Expected mine life |
5 years |
| Employees |
169 full time employee equivalents and 205 full time contractor employees |
| Potential growth |
The ore-body continues below the final open-pit dimensions. Underground access is in place and evaluation is being conducted on using underground to supplement open pit production |
| 2011 Targets |
|
| Production |
Nickel |
|
Copper |
| Cash costs |
USc/lb |
|
Not guided pending review (See news release dated March 16, 2011 entitled "Lundin Mining Provides Update on Aguablanca Mine"). |
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Quarterly Operations Update
