Palabora mine and smelter
Palabora mine and smelter
Country South Africa 
Province Northern transvaal
Close to Pretoria
Status PRODUCTION 
Latitude / Longitude 24 S 27 / 26 E 47
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Produces Uranium - Zircon -
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Last updated on 11/10/2010 - Terms of Use
Risk and valuation analysis of the Palabora mine and smelter
Status Risk : Production
Country Risk : Important
Title(s) of the Palabora mine and smelter
Rio Tinto
Interest: 47.2%
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Anglo American plc
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Location of the Palabora mine and smelter
Located 360km north east of Pretoria, close to the Kruger National Park, Palabora is South Africa's leading copper producer, and is also a major source of vermiculite and baddeleyite (zirconium oxide).
 
History of the Palabora mine and smelter
Open-pit mining commenced at Palabora in 1964 and ended in 2002 when the pit reached its final economic depth. The development of an underground mine to work the ore remaining below the pit bottom began during the final years of open-pit production, at a cost of some $465m, with the prospect of a further 20 years' life in the underground operation.
 
Geology of the Palabora mine and smelter
Palabora contains magnetite, vermiculite, apatite, zirconium, titanium and uranium as well as copper. The deposit is hosted in an alkaline igneous complex comprising mainly pyroxenite with occurrences of pegmatites, foskorite and carbonatite. Three s more...
 
Location
Data last updated on : 11/10/2009
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