Cerro Matoso mine

Cerro Matoso mine
Location
Córdoba department
Country Colombia
Production
Products Nickel
Owner
Company South32

The Cerro Matoso mine is a large mine in the north-west of Colombia in the Córdoba department. Cerro Matoso represents one of the largest nickel reserve in Colombia having estimated reserves of 108 million tonnes of ore grading 0.57% nickel.[1] The 108 million tonnes of ore contains 615,000 tonnes of nickel metal.[1]

On August 19, 2014, the mine's owner BHP Billiton announced it was splitting the company in two. A newly formed entity called South32 was to house BHP Billiton's non-core businesses including the Cerro Matoso mine. To be capitalized at $15 billion, South32 was to be listed on the Australian Securities Exchange, with a secondary listing in Johannesburg.[2]

References

  1. 1 2 "Nickel-97". societechimiquedefrance.fr. 2013. Retrieved 2013-06-2&. Check date values in: |access-date= (help)
  2. "Must-know: The long-awaited split". Market Realist. 11 September 2014. Retrieved 19 August 2014.

Coordinates: 7°45′00″N 75°40′00″W / 7.7500°N 75.6667°W / 7.7500; -75.6667

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