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Old Matchless copper mine reopening, Namibia

18th January 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Old Matchless copper mine reopening, Namibia.

Client
Weatherly International.

Project Description
The Old Matchless mine is located about 2 km east of Weatherly’s current Matchless mining operations.

The mine operated until 1983, when it was closed by Newmont owing to strategic and economic conditions at the time.

The non-Joint Ore Reserves Committee-compliant historical reserve for the Old Matchless mine is 812 639 t at 2.4% copper, containing 19 506 t of contained copper.

The development of the mine will supply additional high-grade ore feed to the Otjihase concentrator and will increase production by more than 3 000 t/y of copper.

The proposed mine plan envisages the extraction of 748 484 t of ore at 2.38% copper, recovering 16 387 t of copper metal contained in concentrates.

The current mining plan involves the development of a decline from surface to access the three previously mined ore shoots, which are open at depth.

Ore extraction is planned using mechanised and hand-held cut-and-fill methods.

The old level accesses and the hoisting shaft will be used for ventilation exhaust, dewatering and secondary egress.

Value
The initial capital cost of the development is estimated at R68.4-million.

Duration
Production will start within 13 months of the start of the decline, with full production achieved within 24 months.

Preparatory work is expected to start soon.

Latest Developments
A further update on the project will be issued when the preparatory works have been completed.

Key Contracts and Suppliers
Lund Mining Services (independent scoping study).

On Budget and on Time?
Not stated.

Contact Details for Project Information
Weatherly International, tel +44 207 917 2989, fax +44 207 439 0262 or email info@weatherlyplc.com

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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