Kabanga Nickel Project

The Kabanga Nickel Project is an active mine exploration project 130 km south west of Lake Victoria in the Ngara District of the Kagera Region in Tanzania.

[1] The project is a joint venture between Barrick Gold and Xstrata Nickel.

As of 16 July 2007 The exploration program has so far placed 9.7 million tonnes at 2.37% nickel into the indicated resource category, with an additional 30.3 million tonnes at 2.8% nickel in the estimated inferred resource category.

Construction of the permanent mining camp is expected to begin in 2009 with operations commencing in 2011.

At present Xstrata has invested US$95 million in the pre-feasibility stage of development.