Steenkampskraal Mine 2018-03-01T14:03:38+00:00
605,000 tons Monazite Deposit
14.4% TREO
86,900 tons contained TREO

About the Steenkampskraal Mine

  • The Steenkampskraal Mine is located in the Western Cape province of South Africa. It is an existing mine that was operated by Anglo American Corporation from 1952 to 1963.

  • In addition to the mining right area of 474 hectares, the company also owns three surrounding farms with a total area of about 7,000 hectares for potential future mining operations.

  • Steenkampskraal has the highest concentration of Rare Earth Elements (REE) in the world.

  • It has a resource of about 605,000 tons at an average grade of 14.4% Total Rare Earth Oxide (TREO) for a total of 86,900 tons contained TREO.

  • Each ton of ore from the Steenkampskraal mine will yield rare earths to the value of approximately US$ 3,200 at present market prices.

  • The total quantity of neodymium in the mine is 15,600 tons at a grade of 2.58%.

  • There is great potential to further increase the mineral resource beyond the current mine area.

  • Low Capex – Over 80% of the work already done.

  • Low Opex – Shallow mine depth at an average of 100m with high-grade ore body.

Progress at the mine

  • A National Instrument 43-101 compliant Technical Report with a Mineral Resource Estimate (MRE) is complete.

  • The Department of Mineral Resources (DMR) has issued a Mining Right for the Steenkampskraal Mine.

  • The National Nuclear Regulator (NNR) has issued a Certificate of Registration to the Steenkampskraal mine which allows it to mine, process, transport and store naturally-occurring radioactive materials.

  • A Mining Works Programme has been approved by the DMR.

  • The mine has a DMR-approved Environment Management Programme.

  • The mineralogical characterisation of the ore and the metallurgical tests are complete.

  • The mine shaft has been partly refurbished.

  • Boreholes have been drilled that can provide sufficient water for the mine’s requirements.

  • A reverse osmosis water treatment plant has been installed.

  • Office buildings have been installed and much of the infrastructure is now in place.

rare earths

Relative economic value of the rare earths at the Steenkampskraal mine at present market prices

exclamation mark

The Mine is Unique

The mine is unique in the global rare earth landscape because its rare earth grade at 14.4% is the highest in the world with a NI-43-101 compliant MRE.

Neodymium grade of 2.58%

Steenkampskraal has a neodymium grade of 2.58% in the run-of-mine ore, which is higher than the total rare earth grades in most other rare earth deposits.

Low Capex

Low Mining Capex – About 80% of the work to bring the mine into production has already been done

rare earth mine

The Steenkampskraal mine has been confirmed by the National Instrument 43-101 Mineral Resource Estimate (MRE) to be the highest grade rare earths mine in the world.

Progress to restart the mine

Much of the work to reopen the mine has been completed:

  • The detailed NI 43-101 Mineral Resource Estimate (MRE), indicating 605,000 tons of ore with an average grade of 14.4% or 86,900 tons of rare earths, has been completed.
  • The mineralogical characterisation of the ore and the metallurgical test work have been completed.
  • Generators have been installed for power generation.
  • Groundwater studies have been completed confirming that groundwater supplies from the farms owned by Steenkampskraal are enough to meet the project’s water requirements.
  • Three boreholes have been drilled and a reverse osmosis plant for water treatment has been installed.
  • The decline shaft has been partly refurbished and a winder house built.
  • There is great potential to further increase the mineral resource beyond the current area.
  • The mine has installed air-conditioned mobile offices, together with telephone lines, internet access, internal communication systems and security.
  • A weighbridge and a vehicle washbay are now operational.
  • Surrounding roads have been improved and fences and lighting installed.