Description: The project is located 270 kilometres south-west of Kimberley, the regional capital of the Northern Cape province. Importantly, the project has access to significant local and regional infrastructure, with mine infrastructure including a regional power grid feed, bitumen access roads, access to a bulk, treated water supply and a 1 900m landing strip. Several large commercial winds and solar generation projects are operational in the surrounding area and the mine is located just 48kms from a railway siding at Groveput with an open-access railway line connecting the site to the world-class export port of Saldanha Bay.
Type (Industry): Infrastructure
Region: Northern Cape
Value: R 100 million+
Timing: 2017 onwards.
Notes: Orion Minerals has received cornerstone funding from Tembo Capital Mining through a $3 million share placement to advance its zinc-copper projects. Proceeds from the placement will be used principally to progress the resource drilling programs underway at the Prieska zinc/copper project, exploration programs on the company’s Northern Cape South African tenements and for general working capital purposes.
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