ASX- and JSE-listed Orion Minerals’ recently announced funding placement of R893-million will bring financial certainty to the company’s two Northern Cape projects – the flagship Prieska copper/zinc mine (PCZM) and the Okiep copper project (OCP) – boutique mining investment research house S2 Research mining investment research analyst Simon Hudson-Peacock has said. In an analysis of Orion’s strategic funding package and valuation update, published on May 10, Hudson-Peacock said the market was now awaiting the outcome of the bankable feasibility study (BFS) on the accelerated mining plan for PCZM, which is expected to be made available in the second half of the year.
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Northern Cape ‘elephant country needs exploration boost, says explorer
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Northern Cape ‘elephant country needs exploration boost, says explorer
To play this media please enable JavaScript, and consider upgrading to a web browser that supports HTML5 media 17th March 2021
JOHANNESBURG (miningweekly.com) – South Africa is still elephant country and needs to boost exploration in the Northern Cape s highly prospective Namaqua metamorphic geological province in particular, says PGM Management MD