MIMOSA Project
MIMOSA
Country Zimbabwe 
Close to Harare
Status PRODUCTION 
Latitude / Longitude 21 S 9 / 29 E 34
Legends
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Produces Gold - Palladium - Rhodium -
Develops
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Last updated on 12/2/2010 - Terms of Use
Risk and valuation analysis of the MIMOSA Project
Status Risk : Production
Country Risk : Very High
Title(s) of the MIMOSA Project
Aquarius Platinum
Joint venture: 50%
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Managed by Mimosa Investments Limited, overseen by 50:50 owners– Aquarius Platinum and Impala Platinum Holdings Limited (Implats).
Implats
Joint venture: 50%
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Location of the MIMOSA Project
Mimosa is located in the Wedza Geological Complex on the southern portion of the Great Dyke in Zimbabwe
 
History of the MIMOSA Project
Although platinum was first discovered in the Great Dyke in 1918, its exploration was overshadowed by that of the Bushveld Complex in South Africa. Focus has returned to the Great Dyke in recent years, following the increase in demand for platinum and given that much of the shallow mineral resources in the Bushveld Complex are spoken for.
 
Geology of the MIMOSA Project
It is an elongated north-north-east-trending intrusion that is 550km long and between 4km and 11km wide. Economic PGE-mineralisation occurs with the Main Suplhide Zone (MSZ) which is lithologically continuous, generally 10m to 50m from the top of the ultramafic sequence and typically 2m to 3m thick.
 
Production history
Metal2009200820072006200520042003
COBALT (lbs)134,481141,095118,000111,999114,64055,115
COPPER (lbs)4,572,3873,789,7463,818,4063,276,0003,126,0003,090,8801,604,965
GOLD (oz)11,90810,14710,5525,4409,8849,03210,349
NICKEL (lbs)5,597,5364,598,8424,581,2053,916,0003,792,0013,090,8801,821,018
PALLADIUM (oz)69,42258,15359,21554,72149,25844,68925,431
PLATINUM (oz)91,51976,56477,77072,23166,74161,40736,008
RHODIUM (oz)7,1695,9656,0305,5765,1565,0472,829
Location
Data last updated on : 11/12/2009
Disclaimer
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