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Page 4 of 15 (340 total)
Cosmos Project

Western Australia, Australia · Underground

Care And Maintenance
Nickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2024Nickel-1734 t
Mine life
10 years
Overview
IGO Limited made the decision to transition the Cosmos Project into care and maintenance, a process expected to be concluded by 31 May 2024. The transition to care and maintenance was officially completed in June 2024. This decision was influenced by a significant deterioration in commodity prices, a reduction in the expected life of the mine, delays in reaching full capacity, and increases in operating and capital costs. IGO intends to preserve the option to restart Cosmos in the future if market conditions improve. During this period, the company will assess further exploration to potentially increase the mineral resource, particularly the AM5 and AM6 orebodies. The company is also exploring options to rationalise the Cosmos site and infrastructure, noting the region's prospectivity for gold and other minerals.
Production
Production overview - 2024: nickel 1734 t.
Expansion
During this period, the company will assess further exploration to potentially increase the mineral resource, particularly the AM5 and AM6 orebodies. The company is also exploring options to rationalise the Cosmos site and infrastructure, noting the region's prospectivity for gold and other minerals.
Companies & ownership
  • IGO Limited
    ASX:IGO
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Nova Operation

Western Australia, Australia · Underground

Operating
NickelCopperCobalt
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Nickel-16371 t
2025Copper-7324 t
2025Cobalt-581 t
2024Nickel-20806 t
2024Copper-9922 t
2024Cobalt-735 t
2023Nickel1.78 %22915 t
2023Copper0.74 %10266 t
2023Cobalt0.06 %803 t
2022Nickel1.85 %26675 t
2022Copper0.75 %11483 t
2022Cobalt0.07 %982 t
End year
2026
Workforce
approximately 400 people (in 2017)
Overview
The Nova Operation comprises two orebodies, Nova and Bollinger, which are now recognised as a single continuous deposit known as Nova-Bollinger. The mineralisation is dominated by pyrrhotite, with pentlandite and chalcopyrite. Cobalt is strongly correlated with nickel and is found concentrated in pentlandite.
Production
Production overview - 2025: nickel 16371 t, copper 7324 t, cobalt 581 t; 2024: nickel 20806 t, copper 9922 t, cobalt 735 t.
Processing
conventional crushing, grinding, flotation, and filtration processes to produce separate nickel and copper concentrates
Equipment
conventional crushing, grinding, flotation, and filtration processes; 1.5 million tonnes per year processing plant; sub-level open stoping with paste fill; longhole echelon retreat stoping
Companies & ownership
  • IGO Limited
    ASX:IGO
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Platreef PGM-Nickel Mine

Limpopo Province, South Africa · Underground

Operating
PlatinumPalladiumGoldRhodiumCopperNickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2017Platinum1.95 g/t-
2017Palladium2.1 g/t-
2017Gold0.3 g/t-
2017Rhodium0.14 g/t-
2017Copper0.17 %-
2017Nickel0.34 %-
Opened
2025-11-18
Capex (est.)
USD 234.00M
Overview
The Platreef PGM-Nickel Mine is an underground operation in Limpopo Province, South Africa, which commenced production and produced its first concentrate on November 18, 2025. It is currently in a production ramp-up phase, with a Phase 1 concentrator milling capacity of 770,000 tonnes per annum. The mine is undergoing phased expansion, with Phase 2 targeted for completion in Q4 2027, aiming to significantly increase production of platinum, palladium, rhodium, gold, nickel, and copper.
Production
The mine officially opened and produced its first batch of concentrate on 18 November 2025. The first sale of concentrate was completed in late fourth quarter 2025 to Northam Platinum.
Processing
The Phase 1 concentrator has a milling capacity of 770,000 tonnes per annum. Construction of the Phase 1 concentrator was completed in the third quarter of 2024, with first concentrate produced on 18 November 2025. The concentrator is initially processing lower-grade development ore and is expected to switch to higher-grade production ore in the second quarter of 2026.
Equipment
The mine is accessed via shafts. Shaft 1 is complete. Shaft #3 is expected to be operational by April 2026, which will increase the mine's hoisting capacity five-fold to 5 million tonnes per annum. Shaft #2 is being widened to support future expansion. Primary mining methods are longhole stoping and drift-and-fill.
Expansion
A phased expansion is underway. Phase 2 development is in progress and is targeted for completion in the fourth quarter of 2027; it is expected to increase production to approximately 450,000 ounces of platinum, palladium, rhodium and gold (3PE+Au), plus about 9,000 tonnes of nickel and 6,000 tonnes of copper annually. The total combined processing capacity of Phase 1 and 2 will be 4.1 million tonnes per annum. A future Phase 3 expansion is being assessed which would increase processing capacity to 10.7 million tonnes per annum and more than double production to over 1 million ounces of 3PE+Au, approximately 22,000 tonnes of nickel and 13,000 tonnes of copper annually.
Power sources
Solar
Companies & ownership
  • Ivanhoe Mines Ltd.
    TSX:IVN · OTC:IVPAF
  • ITOCHU Corporation
  • Japan Organization for Metals and Energy Security
  • JGC Holdings Corporation
  • Broad-based Black Economic Empowerment (B-BBEE) structure
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Spotted Quoll Mine

Western Australia, Australia · Underground

Closed
Nickel
End year
2024
Companies & ownership
  • IGO Limited
    ASX:IGO
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Flying Fox Mine

Western Australia, Australia · Underground

Care And Maintenance
Nickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Nickel-22915 t
End year
2023
Overview
Production at the Forrestania Nickel Operation ceased in September 2024, and the site was transitioned to care and maintenance. IGO Limited completed the sale of the Forrestania Nickel Operation assets to Medallion Metals Limited, with the handover targeted for 27 February 2026 and completion announced on 2 March 2026. Medallion Metals has renamed the project the Forrestania Gold Project and it will serve as the company's long-term gold processing and development hub.
Production
Production overview - 2024: nickel 7571 t; 2023: nickel 22915 t.
Processing
The sale to Medallion Metals included the Cosmic Boy processing plant and associated infrastructure. Medallion intends to utilise the infrastructure to process ore from its Ravensthorpe Gold Project.
Companies & ownership
  • IGO Limited
    ASX:IGO
  • Medallion Metals Limited
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Cosmic Boy Concentrator

Western Australia, Australia · Processing Facility

Care And Maintenance
Nickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2024Nickel-4374 t
2023Nickel-22915 t
2022Nickel-14028 t
End year
2024
Production
Production overview - 2025: nickel 2089 t; 2024: nickel 4374 t.
Processing
The operation included the Cosmic Boy processing facility, which processed ore from the Flying Fox and Spotted Quoll underground mines.
Expansion
Following the depletion of nickel reserves, IGO completed the sale of the Forrestania assets to Medallion Metals in March 2026 for no cash consideration. Medallion Metals intends to use the acquired infrastructure, including the Cosmic Boy processing plant, for its Ravensthorpe Gold Project.
Companies & ownership
  • IGO Limited
    ASX:IGO
  • Medallion Metals Limited
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Cosmos Project

Western Australia, Australia · Underground

Care And Maintenance
NickelCobalt
Production
Operations ceased on 22 May 2024 after processing nearly 295,000 tonnes of Odysseus ore.
Processing
Prior to being placed on care and maintenance, processing of existing ore on the ROM pad was completed, as was the wet commissioning of the processing plant. The processing plant's capacity was being upgraded to 1.1 Mtpa.
Expansion
In June 2024, the Cosmos Project was transitioned into care and maintenance due to reduced mine life, delays in capacity, increased operating and capital costs, and nickel price deterioration. IGO intends to protect the optionality to restart the project if market conditions improve. The company is assessing exploration programs for AM5 and AM6 orebodies and exploring opportunities to unlock value from the site and its infrastructure. The processing plant's capacity was being upgraded to 1.1 Mtpa.
Companies & ownership
  • IGO Limited
    ASX:IGO
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Forrestania Operation

Western Australia, Australia · Underground

Care And Maintenance
Nickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2024Nickel-7571 t
End year
2024
Workforce
Historically, the operation employed nearly 300 people in 2010.
Production
Production overview - 2024: nickel 7571 t.
Processing
The Cosmic Boy processing plant is a sulphide flotation facility. Its processing capacity was expanded to 550,000 tonnes per annum. The process includes a three-stage crushing circuit, a single closed-circuit ball mill, and a system of flotation tanks.
Expansion
Sale of this operation to Medallion Metals Limited to be completed on 2 March 2026.
Companies & ownership
  • Medallion Metals Limited
  • IGO Limited
    ASX:IGO
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Nova Operation

Western Australia, Australia · Underground

Operating
NickelCopperCobalt
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Nickel-16371 t
2025Copper-7324 t
2025Cobalt-581 t
2024Nickel-20806 t
2024Copper-9922 t
2024Cobalt-735 t
2023Nickel-22915 t
2023Copper-10266 t
2023Cobalt-803 t
2022Nickel1.85 %26675 t
2022Copper0.75 %11483 t
2022Cobalt0.07 %982 t
Opened
2017-07-01
End year
2026
Workforce
over 160 employees (2019)
Overview
The Nova Operation is an underground mine that produces nickel, copper, and cobalt concentrates. It is located in the Fraser Range, approximately 160km east-northeast of Norseman in Western Australia. The Ngadju People are the Traditional Owners of the land. The deposit was discovered in July 2012, and commercial production began in July 2017. The operation comprises two orebodies, Nova and Bollinger.
Production
Production overview - 2025: nickel 16371 t, copper 7324 t, cobalt 581 t; 2024: nickel 20806 t, copper 9922 t, cobalt 735 t.
Processing
The operation has a processing plant that produces saleable concentrates containing nickel, copper, and cobalt.
Expansion
IGO is planning for the mine's closure. A final Mine Closure Plan is anticipated to be submitted to the Western Australian government in mid-2026.
Companies & ownership
  • IGO Limited
    ASX:IGO
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Platreef PGM-Nickel Mine

Limpopo, South Africa · Underground

Operating
PlatinumPalladiumGoldRhodiumCopperNickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2017Platinum1.95 g/t-
2017Palladium2.1 g/t-
2017Gold0.3 g/t-
2017Rhodium0.14 g/t-
2017Copper0.17 %-
2017Nickel0.34 %-
Capex (est.)
USD 252.00M
Workforce
More than 2,000 people
Production
The first batch of platinum-palladium-nickel-rhodium-gold-copper concentrate was produced on November 18, 2025. The first sale of concentrate was made to Northam Platinum in the fourth quarter of 2025. The Phase 1 concentrator is ramping up and is expected to reach about 80% of its nameplate capacity by mid-2026.
Processing
The Phase 1 concentrator has a milling capacity of 770,000 tonnes per annum (ktpa). The Phase 2 expansion includes a new 3.3-million-tonnes-per-annum (Mtpa) concentrator module, bringing total processing capacity to 4.1 Mtpa. A potential Phase 3 expansion would increase total processing capacity to 10.7 Mtpa.
Equipment
The mine utilises multiple shafts. Shaft #1 is used for hoisting development rock. Shaft #3 is expected to be operational by April 2026, increasing the mine's hoisting capacity five-fold to 5 million tonnes per annum. Shaft #2 is planned for the Phase 3 expansion and is expected to be available for hoisting in 2029.
Expansion
Development on the Phase 2 expansion is underway, with completion targeted for the fourth quarter of 2027. The Phase 2 expansion is expected to increase average annual production to approximately 450,000 ounces of platinum, palladium, rhodium, and gold (3PE+Au), plus over 30 million pounds of nickel and copper. A Preliminary Economic Assessment (PEA) has been completed for a Phase 3 expansion which could further increase annual production to over 1 million ounces of 3PE+Au, approximately 25,000 tonnes of nickel and 15,000 tonnes of copper.
Companies & ownership
  • Ivanhoe Mines Ltd.
    TSX:IVN · OTC:IVPAF
  • ITOCHU Corporation
  • Japan Organization for Metals and Energy Security
  • JGC Holdings Corporation
  • Broad-based Black Economic Empowerment (B-BBEE) structure
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Cosmos Project

Western Australia, Australia · Underground

Care And Maintenance
Nickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2024Nickel1.53 %-
Opened
2023-11-06
Mine life
10 years
Workforce
179 people
Production
Processing operations at Cosmos were restarted by IGO on 6 November 2023. Until operations ceased on 22 May 2024, just under 295,000 tonnes of Odysseus ore grading 1.53% nickel (head grade) was processed. This produced 18,200 dry tonnes of nickel concentrate grading 14.77% nickel. The overall nickel metallurgical recovery for this period was 57.9%. As of the end of the 2024 financial year, a stockpile of 77,500 tonnes of run-of-mine ore with an estimated grade of 1.63% nickel was stored on the surface.
Processing
The processing plant is a sulphide concentrator with a nominal capacity of 1.1 million tonnes per annum. The process involves a conventional sulphide processing route using grinding and flotation technology. The circuit includes primary, secondary, and tertiary crushing, screening, a primary mill, refurbished secondary and regrind mills, flotation circuits (roughers, cleaners, and cleaner scavengers), a concentrate thickener, a new tailings thickener, and a new concentrate filter.
Equipment
Mining is conducted using underground methods, with ore hauled to the surface via declines. The planned mining method was longhole open stoping. The operation was designed to potentially use semi-autonomous and fully autonomous loaders and production drills.
Expansion
IGO Limited acquired the Cosmos Project as part of the acquisition of Western Areas in 2022. In January 2024, IGO announced the decision to transition the Cosmos Project into care and maintenance due to a combination of a reduced expected mine life, delays in reaching full capacity, increased operating and capital costs, and a significant deterioration in commodity prices. The transition to care and maintenance was completed in June 2024. IGO intends to maintain the option to restart operations in the future if market conditions improve.
Companies & ownership
  • IGO Limited
    ASX:IGO
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Nova Operation

Western Australia, Australia · Underground

Operating
NickelCopperCobalt
Opened
2017-01-01
Processing
processing facility that produces saleable nickel, copper, and cobalt concentrates
Power sources
DieselSolar
Companies & ownership
  • IGO Limited
    ASX:IGO
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Cosmos Project

Western Australia, Australia · Underground

Care And Maintenance
NickelCobalt
Overview
The Cosmos Project, operated by IGO Limited, was transitioned into care and maintenance, a process expected to be concluded by 31 May 2024. This decision followed a comprehensive project review that revealed a reduced expected life of mine, delays in reaching full production capacity, and increased operating and capital costs. These factors, combined with a significant deterioration in commodity prices, impacted the project's economic viability. IGO has stated its intention to preserve the option to restart the Cosmos Project in the future should market conditions improve.
Production
throughput capacity to 1.1 million tonnes per annum (nickel concentrator), nearly 295,000 tonnes of Odysseus ore processed
Processing
nickel concentrator facility, crushing, screening, milling, flotation, thickening, filtering
Equipment
nickel concentrator facility, primary, secondary, and tertiary crushing and screening, primary mill, secondary and regrind mills, flotation components (roughers, cleaners, and cleaner scavengers), concentrate thickener, tailings thickener, concentrate filter, air and water services, reagent plant
Expansion
nickel concentrator facility upgraded to increase throughput capacity to 1.1 million tonnes per annum
Companies & ownership
  • IGO Limited
    ASX:IGO
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Forrestania Operation

Western Australia, Australia · Underground

Care And Maintenance
Nickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2024Nickel-7571 t
2023Nickel-22915 t
2022Nickel-14028 t
Opened
1992-01-01
End year
2024
Overview
Production at the Forrestania Operation ceased in September 2024, and the site was transitioned into care and maintenance. On 2 March 2026, IGO Limited completed the sale of the Forrestania Nickel Operation assets to Medallion Metals Limited. Medallion Metals has renamed the asset the Forrestania Gold Project (FGP) and will use it as a long-term gold processing and development hub for the region. The acquisition by Medallion includes the Cosmic Boy processing plant, infrastructure, inventories, and rehabilitation obligations. IGO Limited has retained the rights to explore, develop, and mine for nickel and lithium at the site. IGO will also receive up to a 1.5% net smelter return royalty on any future gold production from the tenements.
Production
Production overview - 2024: nickel 7571 t; 2023: nickel 22915 t.
Processing
Ore from the Flying Fox and Spotted Quoll underground mines was treated at the Cosmic Boy concentrator.
Companies & ownership
  • Medallion Metals Limited
  • IGO Limited
    ASX:IGO
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Nova Project

Western Australia, Australia · Underground

Operating
NickelCopperCobalt
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Nickel-16371 t
2025Copper-7324 t
2025Cobalt-581 t
2024Nickel-20806 t
2024Copper-9922 t
2024Cobalt-735 t
2023Nickel-22915 t
2023Copper-10266 t
2023Cobalt-803 t
2022Nickel-26675 t
2022Copper-11483 t
2022Cobalt-982 t
Opened
2017-01-01
End year
2026
Workforce
over 160 employees
Production
Production overview - 2025: nickel 16371 t, copper 7324 t, cobalt 581 t; 2024: nickel 20806 t, copper 9922 t, cobalt 735 t.
Processing
The Nova Operation has a processing plant that produces nickel and copper concentrates, which also contain cobalt. The concentrator has a capacity of 1.8 million tonnes per annum.
Equipment
The underground mining fleet includes loaders and trucks. A Sandvik LH517 loader was part of a remote operation trial. A Safescape Bortana Battery Electric Light Vehicle (BELV) has also been trialled at the site. The processing plant includes single-stage crushing and a concentrator.
Expansion
IGO announced in March 2025 that the Nova mine is expected to reach its end of life by late 2026. The company is now focused on managing the remaining life of the mine with a focus on safety, stable production, and managing costs. A final Mine Closure Plan is scheduled for submission in mid-2026. The mining services contract with Barminco has been extended for 29 months from 1 July 2024. The operation has an expanded solar farm and battery installation, allowing it to run on 100% renewable power for significant periods.
Power sources
SolarBattery Storage
Companies & ownership
  • IGO Limited
    ASX:IGO
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Gryphon

Nevada, USA · Underground

Under Development
GoldSilverLeadZincCopperNickel
Overview
The Gryphon project is an early-stage exploration property located at the southern end of the Carlin Trend in Nevada, USA. Torex Gold Resources Inc. acquired the project through its acquisition of Reyna Silver, which was completed in August 2025. The project is at the target definition stage. The property covers more than 12,000 hectares and is situated in the Diablo Range, between the Carlin and Eureka-Battle Trends in north-central Nevada. Exploration by previous operators has identified the potential for silver, lead, and zinc mineralisation within a carbonate replacement deposit system, as well as the potential for epithermal gold mineralisation. Historic exploration has also indicated the presence of copper and nickel.
Companies & ownership
  • Torex Gold Resources Inc.
    TSX:TXG
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Platreef PGM-Nickel Mine

Limpopo province, South Africa · Underground

Operating
PlatinumPalladiumRhodiumNickelGoldCopper
Opened
2025-11-18
Mine life
35 years
Capex (est.)
USD 70.00M
Workforce
over 2,000 employees
Production
The Phase 1 concentrator began operations in late 2025. The first sale of concentrate was completed to Northam Platinum in the fourth quarter of 2025. The concentrator is ramping up and is expected to reach approximately 80% of its nameplate capacity by mid-2026. It is initially processing lower-grade development ore, with higher-grade ore to be introduced in the second quarter of 2026.
Processing
The mine uses a concentrator to process ore. The Phase 1 concentrator has a milling capacity of 770,000 tonnes per annum (ktpa). Development ore is hoisted via Shaft 1 and stockpiled on the surface. The orebody is described as high-grade, thick, and flat-lying, which is suited to large-scale, mechanised mining. The platinum-to-palladium ratio is approximately 1-to-1.
Equipment
The mine's infrastructure includes multiple shafts. Shaft 1 is used for initial hoisting. Shaft 3 is expected to be operational by April 2026, increasing the mine's hoisting capacity five-fold to 5 million tonnes per annum. The larger Shaft 2 is being developed to support future expansions, with hoisting targeted from Q3 2028. The mining method is described as safe, mechanised, and highly productive bulk mining.
Expansion
The mine is being developed in multiple phases. Phase 1 commenced production in Q4 2025. Phase 2 development is underway and is targeted for completion in Q4 2027. This phase includes a new 3.3-million-tonne-per-annum (Mtpa) concentrator module, which will increase total processing capacity to 4.1 Mtpa. The Phase 2 expansion is expected to increase annual production to over 450,000 ounces of platinum, palladium, rhodium, and gold (3PE+Au), plus more than 30 million pounds of nickel and copper. A Preliminary Economic Assessment (PEA) has been completed for a potential Phase 3 expansion to 10.7 Mtpa. This would further increase annual production to over 1.0 million ounces of 3PE+Au, plus approximately 22,000 tonnes of nickel and 13,000 tonnes of copper.
Power sources
Solar
Companies & ownership
  • Ivanhoe Mines Ltd.
    TSX:IVN · OTC:IVPAF
  • ITOCHU Corporation
  • JGC Holdings Corporation
  • Japan Organization for Metals and Energy Security
  • Broad-based Black Economic Empowerment (B-BBEE) structure
View on map
Forrestania Nickel Operation

Western Australia, Australia · Processing Facility

Care And Maintenance
Nickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2024Nickel-7571 t
End year
2024
Workforce
By 2010, the Forrestania Operation employed almost 300 people, and this number rose to over 500 by 2013. More recent workforce figures have not been found.
Overview
The Forrestania Operation is located 400 kilometres east of Perth in Western Australia. Production at the site ceased in September 2024, and it was transitioned to care and maintenance. The operation includes the Flying Fox and Spotted Quoll underground mines and the Cosmic Boy processing facility.
Production
Production overview - 2024: nickel 7571 t.
Processing
The ore is treated at the Cosmic Boy Concentrator. The process includes primary crushing, conveying, coarse ore storage, and SAG milling incorporating flash flotation to produce a nickel concentrate. The concentrate is then dewatered through thickening and filtration. The plant was originally designed for a throughput of 250,000 tonnes per annum, with provisions to expand to 650,000 tpa. The capacity was later stated as 550,000 tpa.
Companies & ownership
  • IGO Limited
    ASX:IGO
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Lake Mackay Project

Western Australia, Northern Territory, Australia · Open Pit

Under Development
CopperZincSilverGoldCobaltNickel+1
Commodities, grades and output
YearCommodityAv. GradeOutput
2023Copper1.14 %3.3
2023Zinc0.97 %3.3
2023Silver9.1 g/t3.3
2023Gold0.26 g/t3.3
2022Copper0.23 %-
2022Zinc0.35 %-
2022Silver1.2 g/t-
2022Gold2.59 g/t-
2021Copper3.03 %17.47
2021Gold1.78 g/t17.47
2021Silver14 g/t17.47
2020Gold1.5 g/t16
2019Copper0.84 %14
2019Gold4.9 g/t8
2019Silver4.1 g/t14
2019Cobalt0.6 %4
2019Nickel0.49 %4
2017Copper0.8 %11.4
2017Gold7.9 g/t11.4
2017Silver20.7 g/t11.4
2017Zinc1.1 %11.4
2017Lead0.5 %11.4
2017Cobalt0.1 %11.4
2015Copper3.2 %7
2015Gold3.3 g/t7
2015Silver37.7 g/t7
2015Lead0.9 %7
2015Zinc1.3 %7
2015Cobalt0.08 %7
Overview
The Lake Mackay Project is a large-scale, underexplored tenement package considered prospective for a range of deposit styles, including copper-gold-silver, nickel-cobalt-manganese, and orogenic gold. Exploration activities, including drilling, are ongoing. In May 2022, IGO and Prodigy Gold restructured their agreement, resulting in Prodigy Gold holding a majority interest in the gold tenements, while IGO retains the majority share of the base metal tenements. Recent exploration has focused on several prospects, including Phreaker (copper-gold), Arcee (gold), and Goldbug (gold). Drilling at the Phreaker prospect in 2022 and 2023 returned encouraging polymetallic results.
Companies & ownership
  • IGO Limited
    ASX:IGO
  • Prodigy Gold NL
    ASX:PRX
  • Castile Resources Pty Ltd
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Fraser Range

Western Australia, Australia · Open Pit

Under Development
NickelCopperCobalt
Companies & ownership
  • IGO Limited
    ASX:IGO
View on map
Cosmos Project

Western Australia, Australia · Underground

Care And Maintenance
Nickel
Commodities, grades and output
YearCommodityAv. GradeOutput
2024Nickel-295000 t
Capex (est.)
USD 78.00M
Workforce
Approximately 400 IGO employees and contractors, including 179 from Perenti/Barminco, prior to care and maintenance transition.
Overview
IGO Limited transitioned the Cosmos Project into care and maintenance by June 2024 due to reduced mine life, delays in reaching full capacity, increased costs, and deteriorating commodity prices. IGO plans to restart operations if market conditions improve.
Production
Production overview - 2024: nickel 295000 t.
Processing
Processing existing ore from the run-of-mine (ROM) pad. Operations restarted on 6 November 2023 and ceased on 22 May 2024.
Expansion
Concentrator upgrade finalised at $78 million, increasing capacity to 1.1 Mtpa. Included new primary, secondary, and tertiary crushing and screening circuits, a new primary mill, refurbished secondary and regrind mills, and new and refurbished flotation and thickening circuits.
Companies & ownership
  • IGO Limited
    ASX:IGO
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Nova Operation

Western Australia, Australia · Underground

Operating
NickelCopperCobalt
Commodities, grades and output
YearCommodityAv. GradeOutput
2025Nickel-16371 t
2025Copper-7324 t
2025Cobalt-581 t
2024Nickel-20806 t
2024Copper-9922 t
2024Cobalt-735 t
2023Nickel-22915 t
2023Copper-10266 t
2023Cobalt-803 t
2022Nickel1.85 %26675 t
2022Copper0.75 %11483 t
2022Cobalt0.07 %982 t
End year
2026
Workforce
As of 30 June 2022, IGO Limited's total workforce, including employees and contractors, was 741, with 436 being direct employees.
Overview
The Nova-Bollinger deposit is a magmatic nickel-copper-cobalt deposit located in the Fraser Range. It is an underground operation that commenced commercial production in July 2017 and is expected to cease operations by late 2026, with a focus on end-of-life operational phase and subsequent closure.
Production
Production overview - 2025: nickel 16371 t, copper 7324 t, cobalt 581 t; 2024: nickel 20806 t, copper 9922 t, cobalt 735 t.
Processing
The Nova Operation includes a processing facility that produces saleable nickel, copper, and cobalt concentrates.
Equipment
Underground mining services at the Nova Operation are provided by Barminco, a subsidiary of Perenti.
Companies & ownership
  • IGO Limited
    ASX:IGO
View on map
Platreef PGM-Nickel Mine

Limpopo Province, South Africa · Underground

Operating
PalladiumPlatinumNickelCopperRhodiumGold
Opened
2025-11-18
End year
2060
Mine life
35 years
Workforce
over 650 people (as of Dec 2014), over 85% from local communities (as of May 2025) SAS
Processing
The processing strategy involves a phased construction of concentrator modules. The Phase 1 concentrator construction was completed in the third quarter of 2024. The Phase 2 expansion includes adding a 3.3 Mtpa concentrator module. The Phase 3 design is based on adding two more 3.3 Mtpa modules.
Expansion
Phase 1 involves a 770,000 tonnes per annum (tpa) concentrator. Phase 2 is an expansion targeted for completion in the fourth quarter of 2027, which will increase total processing capacity to 4.1 million tonnes per annum (Mtpa). A $700 million senior project finance facility for the Phase 2 expansion has been signed. A Phase 3 expansion is outlined in a Preliminary Economic Assessment (PEA), which considers scaling up processing capacity to 10.7 Mtpa.
Power sources
Solar
Companies & ownership
  • Ivanhoe Mines Ltd.
    TSX:IVN · OTC:IVPAF
  • A broad-based, black economic empowerment (B-BBEE) structure
  • ITOCHU Corporation
  • Japan Organization for Metals and Energy Security
  • JGC Holdings Corporation
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Platreef PGM-Nickel Mine

Limpopo, South Africa · Underground

Operating
PlatinumPalladiumRhodiumGoldNickelCopper
Opened
2025-11-18
End year
2060
Mine life
35 years
Workforce
over 2,200 employees and contractors as of November 2025
Overview
The Platreef PGM-Nickel Mine officially opened and produced its first concentrate on 18 November 2025. The Phase 1 concentrator has a milling capacity of 770,000 tonnes per annum, processing lower-grade development ore and expected to transition to higher-grade ore in Q2 2026. Shaft 3 is scheduled to be operational by April 2026, increasing hoisting capacity to 5 Mtpa. A 5-megawatt solar power facility was completed in Q1 2025.
Production
First concentrate produced on 18 November 2025. Initial sale of concentrate in late 2025. Phase 1 concentrator expected to operate at 80% of nameplate capacity by mid-2026. Long-hole stoping expected to commence in Q2 2026.
Processing
crushing, milling, and flotation to produce a concentrate containing platinum, palladium, rhodium, gold, nickel, and copper. Phase 1 concentrator has a milling capacity of 770,000 tonnes per annum.
Equipment
battery-electric mining equipment, M2C drill rigs, 14-tonne load haul dumpers
Expansion
The mine is being developed in multiple phases. Phase 2 expansion is underway, targeting completion in Q4 2027, to increase total processing capacity to 4.1 Mtpa and produce approximately 450,000 oz 3PE+Au, plus over 30 Mlbs nickel and copper. A $700 million senior project finance facility was secured for Phase 2. A future Phase 3 expansion is being evaluated to further increase processing capacity to 10.7 Mtpa, projected to more than double annual production to over 1 Moz 3PE+Au, plus approximately 22,000 tonnes nickel and 13,000 tonnes copper.
Power sources
Solar
Companies & ownership
  • Ivanhoe Mines Ltd.
    TSX:IVN · OTC:IVPAF
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