L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...
L. Fituni, I. Abramova Resource Potential of Africa and Russia's ... L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...
deposit also contains a Peridotite-Chromite Mineralization zone with lower metal grade as compared to the Main Mineralized Zone. The extracted ore is processed at own concentrator using the traditional sulfide flotation technology with a capacity of 320 thousand tons of ore per annum. The plant produces up to 5,500 tons of saleable nickel concentrate per year. In 2009, the Nkomati produced more than 3,000 tons of nickel in concentrate (see Table 2.3.4. describing Nkomati production history on attributable basis – 50% share of Norilsk Nickel) 59 . Table 2.3.4. Nkomati production history Saleable metal 2009 2008 2007 Nickel (metric tons) 3005 2642 2072 Copper (metric tons) 1436 1347 1195 Platinum (‘000 ounces) 3 5 5 Palladium (‘000 ounces) 11 13 14 Evraz Group S.A. has increased its stake in South Africa's Highveld Steel to 54% after purchasing a 29.2% interest in the vanadium producer from Anglo American for $238 million. In 2006, Evraz Group, one of Russia's largest steel and mining companies, and Credit Suisse bought 24.9% each in Highveld Steel and Vanadium Corporation Limited from Anglo American plc. mining group, the company said in a statement. Evraz had an option to purchase Anglo American's remaining 29.2% shareholding as well as the 24.9% holding of Credit Suisse once regulatory approvals were received from the anti-monopoly authorities in South Africa and the European Union. Under the terms of the clearances granted to Evraz in February and April 2007 by the European Commission and antitrust authorities in South Africa, Evraz has committed to divest certain vanadium production facilities and related assets, the statement said. The deal will enable Evraz Group to turn into a global vanadium producer, the statement said. With its stake in the vanadium producer augmented to 54%, Evraz is required under South African law to make a mandatory 123
general offer to all Highveld shareholders once its ownership position has exceeded 35%. The offer will be made within the next 30 calendar days, the statement said. Strategic Minerals Corporation, part of the Evraz Group, is one of the world's leading vanadium producers and suppliers of vanadium alloys and vanadium chemicals. These vital ingredients, sold under the Stratcor ® trademark, are used by the steel, chemical, titanium, and turbine-coatings industries to improve their products and/or processes. Among Stratcor ® vanadium products used by the STEEL industry are ferrovanadium and Vanox TM vanadium. Stratcor ® products used by the TITANIUM industry include vanadium-aluminum and a complete line of master alloys. Stratcor ® vanadium chemicals and vanadium catalysts used by the CHEMICAL industry include vanadium pentoxide (V2O5), ammonium metavanadate (AMV), vanadium trioxide (V2O3), vanadium oxytrichloride (VOCl3), vanadium tetrachloride (VCl4), and specialty vanadium catalysts and vanadium chemical products. In Namibia, in 2008, Russian company “Atomredmetzoloto (ARMZ) Uranium Holding Co”. together with VTB Capital Namibia (Pty) Ltd. and Arlan Invest Holdings established a joint venture SWA Uranium Mines. ARMZ owns part of the project via RUNEX Uranium (Pty) Ltd., a daughter company formed on a parity basis with VTB Capital Namibia (Pty) Ltd. ARMZ, part of the Rosatom state nuclear agency, is the world's fifth largest uranium producer has most of its operations in Russia and Kazakhstan, and it is in the midst of expansion drive as it seeks to tap growing demand for the nuclear fuel. SWA Uranium Mines’ stated goal is to prospect for, discover and develop new types of uranium mineralization, primarily those relating to sandstone mineralization amenable to in situ recovery. Two licenses have been granted to SWA Uranium Mines – EPL 3850 and EPL 3851, and exploration work in on-going on the properties. Electromagnetic probing and gamma soil logging of licensed properties along the span of over 60 miles were performed in 2008. The results of field work completed in 2008 points to potentially prospective uranium mineralization structures in the South-Eastern 124
- Page 74 and 75: 25-26 thousand tons of copper conce
- Page 76 and 77: Country 75 Cost Ranges Namibia 0 20
- Page 78 and 79: The Elkon district, Southern Yakuti
- Page 80 and 81: ites and Miocene sediments extendin
- Page 82 and 83: South, Etango and Valencia alaskite
- Page 84 and 85: of competitiveness by similar produ
- Page 86 and 87: tive scenario, the above goals will
- Page 88 and 89: The concept of resource efficiency
- Page 90 and 91: vately owned. The leading enterpris
- Page 92 and 93: In this respect African and Russian
- Page 94 and 95: Table 2.2.2. Distribution of capita
- Page 96 and 97: will allow the project to overcome
- Page 98 and 99: World prices on all types of minera
- Page 100 and 101: 2.3. Competitors or Partners? Russi
- Page 102 and 103: Soviet organizations supplied Alger
- Page 104 and 105: that the gas crisis between Russia
- Page 106 and 107: The second LUKOIL project in Egypt
- Page 108 and 109: The agreement was finally signed du
- Page 110 and 111: pany “Slavneft” would join a co
- Page 112 and 113: DRC to extract copper and cobalt in
- Page 114 and 115: for 22 years in 2002 Friguia refine
- Page 116 and 117: licenses. They are the only Russian
- Page 118 and 119: that the main aims were inter-alia
- Page 120 and 121: Agency to develop plans for up to 4
- Page 122 and 123: pit nickel mine and the Selkirk und
- Page 126 and 127: and Eastern parts of the EPL 3850 p
- Page 128 and 129: Russian economy and the specifics o
- Page 130 and 131: 34 . 2009. C. 366- 368. 35 John St
- Page 132 and 133: CHAPTER 3 Project RUSSAFRICA: Towar
- Page 134 and 135: copra, spices, other products of tr
- Page 136 and 137: This theoretic and scientific aura
- Page 138 and 139: and technical cooperation with Afri
- Page 140 and 141: higher and specialized secondary ed
- Page 142 and 143: used and repaid part of the credit.
- Page 144 and 145: exploitation of projects. Soviet ex
- Page 146 and 147: At the same time we recognize that
- Page 148 and 149: For the Soviet Union, solidarity wi
- Page 150 and 151: disappeared together with their ass
- Page 152 and 153: cial Representative of the Presiden
- Page 154 and 155: countries and minimize the adverse
- Page 156 and 157: The principled line in support of A
- Page 158 and 159: Exports of Russian raw materials to
- Page 160 and 161: of Su-30MKA fighters. At the same t
- Page 162 and 163: etc. He also remarked that since th
- Page 164 and 165: However, there are harbingers of a
- Page 166 and 167: There was a good demand in Egypt fo
- Page 168 and 169: Another promising sphere for Russia
- Page 170 and 171: Lada users in Egypt. In 2010, a new
- Page 172 and 173: All these companies have permanent
general <strong>of</strong>fer to all Highveld shareholders once its ownership position<br />
has exceeded 35%. The <strong>of</strong>fer will be made within the next 30<br />
calendar days, the statement said. Strategic Minerals Corporation,<br />
part <strong>of</strong> the Evraz Group, is one <strong>of</strong> the world's leading vanadium producers<br />
<strong>and</strong> suppliers <strong>of</strong> vanadium alloys <strong>and</strong> vanadium chemicals.<br />
These vital ingredients, sold under the Stratcor ® trademark, are used<br />
by the steel, chemical, titanium, <strong>and</strong> turbine-coatings industries to<br />
improve their products <strong>and</strong>/or processes.<br />
Among Stratcor ® vanadium products used by the STEEL industry<br />
are ferrovanadium <strong>and</strong> Vanox TM vanadium. Stratcor ® products<br />
used by the TITANIUM industry include vanadium-aluminum <strong>and</strong> a<br />
complete line <strong>of</strong> master alloys. Stratcor ® vanadium chemicals <strong>and</strong><br />
vanadium catalysts used by the CHEMICAL industry include<br />
vanadium pentoxide (V2O5), ammonium metavanadate (AMV),<br />
vanadium trioxide (V2O3), vanadium oxytrichloride (VOCl3),<br />
vanadium tetrachloride (VCl4), <strong>and</strong> specialty vanadium catalysts<br />
<strong>and</strong> vanadium chemical products.<br />
In Namibia, in 2008, Russian company “Atomredmetzoloto<br />
(ARMZ) Uranium Holding Co”. together with VTB Capital Namibia<br />
(Pty) Ltd. <strong>and</strong> Arlan Invest Holdings established a joint venture<br />
SWA Uranium Mines. ARMZ owns part <strong>of</strong> the project via<br />
RUNEX Uranium (Pty) Ltd., a daughter company formed on a parity<br />
basis with VTB Capital Namibia (Pty) Ltd. ARMZ, part <strong>of</strong> the<br />
Rosatom state nuclear agency, is the world's fifth largest uranium<br />
producer has most <strong>of</strong> its operations in Russia <strong>and</strong> Kazakhstan, <strong>and</strong> it<br />
is in the midst <strong>of</strong> expansion drive as it seeks to tap growing dem<strong>and</strong><br />
for the nuclear fuel.<br />
SWA Uranium Mines’ stated goal is to prospect for, discover<br />
<strong>and</strong> develop new types <strong>of</strong> uranium mineralization, primarily those<br />
relating to s<strong>and</strong>stone mineralization amenable to in situ recovery.<br />
Two licenses have been granted to SWA Uranium Mines – EPL<br />
3850 <strong>and</strong> EPL 3851, <strong>and</strong> exploration work in on-going on the properties.<br />
Electromagnetic probing <strong>and</strong> gamma soil logging <strong>of</strong> licensed<br />
properties along the span <strong>of</strong> over 60 miles were performed in 2008.<br />
The results <strong>of</strong> field work completed in 2008 points to potentially<br />
prospective uranium mineralization structures in the South-Eastern<br />
124
Change language