Proactive - Interviews for investors

Orion Minerals advances Prieska and Okiep feasibility studies

Episode Summary

Orion Minerals Ltd (ASX: ORN, JSE:ORN) managing director and CEO Errol Smart joins Proactive’s Tylah Tully to discuss progress on feasibility studies for the Prieska Copper-Zinc Mine (PCZM) and Okiep Copper Project (OCP) in South Africa’s Northern Cape. This comes as the company appointed Nick Fouche as PCZM project director and LMMS Consultants for optimisation work. Fouche, a seasoned mining executive with experience in developing significant mining projects, previously led Palabora Mining Company’s growth. His role at Orion focuses on optimising PCZM’s design and scheduling. Australian-based LMMS Consultants, experienced in international and South African projects, will assist in refining the PCZM feasibility study, aiming to improve mine scheduling and design through expert guidance. Key LMMS consultants Joe Luxford and Doug Syme have been instrumental in similar South African projects, contributing experience in the local operational landscape. A recent internal review of PCZM identified potential enhancements through optimisation with the ongoing work set for completion this quarter. The optimised feasibility study is now expected in early 2025. Smart emphasised the importance of optimising the mine design to enhance ore recovery and financial returns. Concurrently, the feasibility study for OCP’s Flat Mines Project remains on schedule for review in November 2024, with delivery by year-end. #ProactiveInvestors #OrionMinerals #ASX #JSE #MiningUpdates, #CopperZincMining, #PrieskaProject, #OkiepProject, #FeasibilityStudy, #NorthernCapeMining, #NickFouche, #LMMSConsultants, #SouthAfricanMining, #MineOptimisation, #CopperMining, #ZincMining, #ProjectDevelopment, #ErrolSmart, #MiningIndustry, #Engineering, #MiningConsultants, #ResourceOptimisation, #LongTermMining