Orion Minerals Limited ( (AU:ORN) ) has issued an announcement.
Orion Minerals Limited has released the 2025 Definitive Feasibility Study for its Prieska Copper Zinc Mine, highlighting a robust financial and technical plan through a de-risked two-phase development strategy. The study outlines an initial phase of shallow underground mining followed by a longer-term development of deeper resources, projecting a combined life of mine of 13.2 years. Key financial metrics include a post-tax NPV of AUD568 million and an IRR of 26%, with a payback period of 5.8 years. The project benefits from existing infrastructure, reducing capital expenditure and accelerating the timeline to production. Next steps involve securing project financing and planning for implementation.
More about Orion Minerals Limited
Orion Minerals Limited is an Australian mining company focused on the exploration and development of mineral resources. Its primary project is the Prieska Copper Zinc Mine located in the Northern Cape Province of South Africa, where it aims to produce copper and zinc through a mechanized underground mining operation.
YTD Price Performance: -20.0%
Average Trading Volume: 243,479
Technical Sentiment Signal: Sell
Current Market Cap: A$109.6M
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