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Orion on the hunt for South Africa mine capital

Finding about A$400 million (US$280 million) of capital will be the big challenge faced by Orion Minerals as it seeks to develop the Prieska copper and zinc project in the Northern Cape region of South Africa.

Orion on the hunt for South Africa mine capital Orion on the hunt for South Africa mine capital Orion on the hunt for South Africa mine capital Orion on the hunt for South Africa mine capital Orion on the hunt for South Africa mine capital

Prieska in South Africa

According to Orion's bankable feasibility study, the project has an NPV post-tax of A$408 million (using an 8% discount rate), and an IRR of 33%, while payback occurs 2.9 years from first production.

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