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Phoenix nickel mine

Coordinates: 21°12′23″S 27°46′28″E / 21.2065°S 27.7745°E / -21.2065; 27.7745
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Phoenix mine
Location
Phoenix mine is located in Botswana
Phoenix mine
Phoenix mine
DistrictNorth-East District
CountryBotswana
Coordinates21°12′23″S 27°46′28″E / 21.2065°S 27.7745°E / -21.2065; 27.7745
Production
ProductsNickel
History
Opened1995
Closed2016[1]
Owner
CompanyTati Nickel Mining Company (Pty) Ltd

The Phoenix mine is a large mine in the west of Botswana in the North-East District. Phoenix represents one of the largest nickel reserve in Botswana having estimated reserves of 329.7 million tonnes of ore grading 0.23% nickel.[2] The 329.7 million tonnes of ore contains 0.78 million tonnes of nickel metal.[2]

Francistown Mining and Exploration Ltd was founded in 1985 to develop Phoenix mine and the nearby Selkirk mine. Tati Nickel Mining Company (Pty) Ltd was founded in 1988. Phoenix was opened in 1995. Tati Nickel Mining Company (Pty) Ltd was owned for some time by Norilsk Nickel (85%) and the Government of Botswana (15%). Norilsk agreed to sell its 85% stake to BCL Limited around 2016, but BCL went into liquidation around this time, leading to a legal disagreements between the companies.[3][4]

See also

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References

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  1. ^ Gabathuse, Ryder (2016-11-25). "Francistown, a city of shattered dreams". Mmegi Online. Retrieved 2022-07-16.
  2. ^ a b "Reserves of nickel". nornik.ru. 2013. Archived from the original on 2013-07-05. Retrieved 2013-07-05.
  3. ^ Kruger, Tessa (2016-12-02). "Norilsk Nickel takes legal action after BCL fails to pay for Nkomati". Miningreview.com. Retrieved 2022-05-30.
  4. ^ "Botswana's Tati Nickel Mine out of liquidation after court ruling". Reuters. 2018-04-11. Retrieved 2022-05-30.