Prieska Zinc-Copper project
Orion Minerals reports Tembo Capital Mining Fund has extended the term of the $3.6 million loan facility from 25 June 2020 to 31 October 2020.
Orion Minerals has announced Tembo Capital Mining has confirmed its support of Orion through an extension to the term of the $3.6 million loan facility.
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.
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.
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.
Orion Minerals will use the proceeds raised for bankable feasibility study optimisation studies and early works at its VMS Prieska Copper-Zinc Project.