• MTE EXHIBITIONS
The Enterprise nickel project will consist of a single , main open pit and one extension to the southwest . It will utilise the existing 4 Mtpa nickel circuit that was previously built as part of the original Sentinel processing complex . The main workstream to bring the project online will be the pre-strip of waste . The development timeline for Enterprise was expected to be approximately twelve months . At full production , Enterprise is expected to produce an average of 30Ktpa of nickel in high-grade concentrate .
The total capital expenditures associated with the Enterprise nickel project was expected to be approximately USD100-million . Prestripping of the Enterprise pit of USD60-million was included in the three-year guidance provided at the time along with USD40- million related to infrastructure and plant commissioning . Expected first nickel production of 5 000 to 10 000 tonnes of nickel in 2023 was included in the company ’ s three-year guidance . Power for both projects will be supplied predominantly from renewable sources , including the existing hydropower within Zambia , as well as potential wind and solar power projects that are under consideration by third parties .
These two projects give an indication of the development happening in Zambia .
Barrick – a second major player in the country – is also picking up speed in the drive to transform the Lumwana copper mine into a Tier One1 asset with a life extending beyond 2060 , and the operation ’ s strong performance in the past quarter is adding impetus to its continuing production ramp-up .
The company ’ s president and chief executive , Mark Bristow said the mine ’ s full potential was only now being revealed . Additional expansion opportunities , identified through an updated geological model , are currently being assessed , while drilling at the Kababisa prospect highlights potential mining flexibility through higher grades . “ The Lumwana pre-feasibility study is progressing in line with our plans to transform its long-term copper profile through the delivery of the envisioned super pit ,” he noted .
Based on the activity in the country and the positivity in the business arena in Zambia experienced in his most recent trip , Macnamara envisages a very successful tour for MTE and its valued exhibitors - in this its 30th year of business . Watch this space for feedback . •
The efforts of the ‘ New Dawn ’ administration in the country to enhance both the investment climate for mining and to seek commitments from the mining sector to contribute to the national economy have made an impactful difference to doing business in Zambia .
32 • African Mining • September 2023 www . africanmining . co . za