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Orion Minerals has improved the business case for its Prieska copper-zinc project in South Africa with the results of the updated bankable feasibility study.
Orion Minerals’ Prieska copper-zinc project is nestled within a well-established renewable energy hub in South Africa’s Northern Cape Province.
Orion Minerals has announced that Tembo Capital Mining Fund II LP has continued its support of by providing a new unsecured $1.0 million loan facility.
Ramaphosa's lock down included the announcement that mines would forcibly be placed on care and maintenance during this lockdown period.
Considering the volatile and uncertain global economic and investment outlook Orion Minerals has undertaken market and HR several actions.
Orion Minerals has announced Vardocube has been granted an EA for mining by the South African Department of Mineral Resources and Energy.
Orion Minerals’ Prieska copper-zinc project is underway with a study to optimise impressive figures, aiming to break ground at the project in Q3, 2020.
“Sitting back and saying there is no money is simply not true. It’s a competitive world out there so juniors have to work hard to secure funding.”
Orion Minerals’ Prieska zinc-copper project in South Africa’s Northern Cape falls within the Top 30 of global Volcanogenic massive sulphide deposits.
Securing these new mills facilitates the incorporation of SAG milling into the ore processing flowsheet in place of ball milling arrangements.