• Ore handling at Mayaniquel mine, Guatemala

  • General view of Mayaniquel mine, Guatemala

  • Ore handling at Mayaniquel mine, Guatemala

  • Ore handling at Mayaniquel mine, Guatemala

  • General view of Mayaniquel mine, Guatemala

  • General view of Mayaniquel mine, Guatemala

  • General view of Mayaniquel mine, Guatemala

  • Ore handling at Mayaniquel mine, Guatemala

  • Ore handling at Mayaniquel mine, Guatemala

  • Ore handling at Mayaniquel mine, Guatemala

Mayaniquel presentation

Mayaniquel, S.A. is a Guatemalan mining exploration company that focuses on the development of nickel laterite resources in the departments of Alta Verapaz and Izabal. Mayaniquel is committed to the economically viable and sustainable development of nickel resources, through environmentally and socially responsible mineral exploration practices that respect the laws of the nation of Guatemala and the rights, interests, and cultural values of our host communities. Our goal is to build a world-class nickel project and development company that operates with broad-based community support in Guatemala.

Mayaniquel, S.A. is the newest subsidiary of Cunico Group in Guatemala. Mayaniquel is currently comprised of one mineral exploitation license, “Proyecto de Extracción Minera Sechol” that cover 15.24 square kilometers (km2) and two mineral exploration licenses totaling approximately 101 square kilometers (km2) located within the nickel laterite belt that surrounds Lake Izabal in north-eastern Guatemala. In addition, the company has currently in application stage 9 mineral exploration licenses and 2 mineral exploitation license.

ORE SPECIFICATIONS

Element Typical (%) Indicative (%)
Fe 13-22 18.0
Ni 1.8 - 2.0 1.95
Co 0.03 - 0.05 0.04
Cr 0.9 - 1.1 1.0
CaO 1.0 - 2.0 1.5
MgO 16 - 22 18.0
Al2O3 2.0 – 3.5 2.7
SiO2 30 - 40 35.0
S < 0.05 0.05
P < 0.01 0.01
Moisture 32 - 37 35
TML**   38
Granulometric size classes (mm) Mass distribution (%)
+25 25
-25+9.5 25
-9.5 50

*data average from 3 million tons of ore received from Guatemala

**transportable moisture limit