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Orion Minerals

Orion Minerals Ltd (ASX: ORN | JSE: ORN) is a mineral explorer and developer set to join the ranks of international base metal producers through the development of its flagship Prieska Copper-Zinc Project in South Africa’s Northern Cape Province.

Key Investment Highlights

  • Globally significant VMS deposit with a Foundation Phase delineated Mineral Resource of 30.49 Mt at 1.2% Cu, 3.7% Zn
  • Mineral Reserve of 14.5Mt at 1.1% Cu and 3.2% Zn
  • Initial 12-year, 2.4Mtpa operation targeting ~22ktpa Cu and ~70ktpa Zn
  • Updated BFS completed May 2020 following successful optimisation & value engineering
  • Substantial increase in production, mine life and cash flow achieved
  • Globally competitive costs, strong margins and financials
  • Project financing and strategic partner discussions well advanced
  • 24-year Mining Right granted with all other permits well advanced
  • Exceptional exploration and growth pipeline
  • Landmark black economic empowerment agreement completed

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