Waste Rock Project, Zambia
Name of the Project
Waste Rock Project.
Location
Zambia.
Project Owner/s
A joint venture (JV) comprising Jubilee Metals Group (70%) and International Resources Holding, or IRH (30%).
Jubilee and IRH entered into a binding framework and JV agreement in December 2023 under which terms IRH will provide the capital for the implementation of the project with Jubilee appointed to implement and operate the project, subject to due diligence and finalisation of definitive agreements.
Project Description
The project is targeting the processing of more than 260-million tonnes of copper-containing surface material.
The grade of copper in the resource varies depending on the origin of waste rock material, with Jubilee's internally developed modular copper units confirming the capability of successfully upgrading the material to produce copper concentrates with more than 7% copper for further refining.
The project will initially implement four modular processing plants holding a combined processing capacity of 2.4-million tonnes a year capable of producing more than 20 000 t/y of copper in concentrates.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
None stated.
Capital Expenditure
Initial capital is estimated at $50-million.
Planned Start/End Date
Production is targeted for the second quarter of 2024.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Jubilee Metals Group, tel +27 11 465 1913 or email info@jubileemetalsgroup.com.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...
VISIT SHOWROOM
Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
