Prospect eyes Zimbabwe lithium start in 2017
PERTH (miningweekly.com) – Junior Prospect Resources is hoping to start lithium production from its Arcadia project, in Zimbabwe, by mid-2017.
The ASX-listed company told shareholders on Tuesday that the current mining plan for Arcadia consisted of a series of openpits, with production starting from the first high-grade pit in mid-2017, with the second larger pit coming into production soon thereafter.
The project is estimated to have a mine life of between 12 and 25 years, based on the current mineral resource of 23.4-million tonnes, at 1.42% lithium oxide. An additional exploration target of between 80-million and 100-million tonnes, grading at between 1.2% and 1.5% lithium oxide, also existed within the flat-lying pegmatites.
The Environmental Management Agency has granted Prospect an environmental impact assessment certificate, approving the planned work for the project area and covering all drilling, sampling and line clearing activities.
The company has also launched offtake discussions, telling shareholders on Tuesday that as the first ore delivery date became more certain, the offtake discussions could be completed.
Comments
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