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FEATURED MINING COMPANY
EQUINOX MINERALS LIMITED
Zambia
The Lumwana Copper Mine: is located 220 km west of the world-renowned Zambian Copperbelt.
The mine is of significant scale, with measured and indicated resources of 342.5 million tons of ore grading 0.74% Cu, plus inferred resources of 563.1 million tons at 0.63% Cu.
The project is making a significantly positive impact on Zambia, being the largest new mine in a generation and the largest single capital investment in Zambian history.
At full capacity, it is expected that Lumwana will provide around 20 per cent of the country’s total metal copper output.
Saudi Arabia
Jabal Sayid Copper and Gold Project: is projected to be one of the lowest cost of capital per ton of copper produced, which will also produce gold and silver in concentrate.
The project will produce approximately 57,000t of copper in concentrate per year and the average life-of-mine head grade through the concentrator will be 2.3% copper and approximately 0.3 g/t gold.
The copper zone appears to extend below the current decline and there is potential for an open pit to provide additional copper feed early in the mine life. The proposed initial open pit is to be approximately 200 m in depth and has a pit life of approximately 5 years.
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