Home Tags Zinc
Zinc mines are recovering from the impacts of COVID-19 with production expected to recover by 5.2% in 2021 to reach 12.8 Mt.
“Our objective is for future production from OCP, to supplement Prieska’s forecast production of 22 ktpa of copper and 70 ktpa of zinc."
South Africa is in need of a refinery to assist with the vast quantities of galvanized steel likely for infrastructure development plans.
Underground hard-rock mining accounts for 40% of global mining operations but only 12% of run-of-mine (ROM) production.
Credit ratings agency Fitch Ratings has increased most of its short-term metals and mining price assumptions on the back of syncronised global economic recovery post-COVID-19, which has driven higher commodity prices.
The sector faces pressure from governments, investors, and society to reduce emissions. Mining is responsible for 4 to 7% of GHG emissions.
There is existing underground infrastructure at Kipushi including a series of mine shafts (P 1,2,3 and 4) and associated head frames.
“Built on the success of our first hydrocycloneS we can offer customers increases in their operational and circuit capacity of up to 30%."