| Falcondo Mine |
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Country |
Dominican Republic
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Close to |
La vega |
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Status |
CARE AND MAINTENANCE
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Latitude / Longitude |
18 N 54 / 70 W 19 |
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Legends
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| Risk and valuation analysis of the Falcondo Mine |
| Status Risk : Care and Maintenance |
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| Title(s) of the Falcondo Mine |
 | Xstrata plc
Interest: 85.26% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Franco Nevada Corp.
Interest: 4.1% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Franco-Nevada has an approximate 4.1% equity interest in Falcondo Dominicana. Xstrata plc (“Xstrata”) has an 85.26% equity interest in Falcondo. |
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| Location of the Falcondo Mine |
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The property is situated in the Dominican Republic, in the town of Bonao, 80 kilometres north of Santo Domingo. The facilities include a metallurgical treatment plant, a crude oil refinery and a 200 megawatt thermal power plant.
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| History of the Falcondo Mine |
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Falcondo started up in 1971. In July 1999, it became the first ferronickel facility in the world to be ISO 14001 certified.
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| Geology of the Falcondo Mine |
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The Falcondo nickel-laterite deposits are situated on the summits of a series of hills and ridges along a belt of alpine-type serpentinized peridotites.
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Data last updated on : 9/6/2006
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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