Superior Lake zinc mine restart project, Canada
Name of the Project
Superior Lake zinc mine restart project.
Location
The project is located in Ontario, Canada.
Client
Superior Lake Resources.
Project Description
The project has indicated and inferred mineral resources of 2.15-million tonnes grading 17.7% zinc, 0/9% copper, 0.4 g/t gold and 33.5% g/t silver.
A restart study has confirmed that the Superior Lake project has the potential to be one of the lowest-cost zinc producers globally.
The project includes a 1 000 t/d concentrator, comprising a comminution circuit and a two-stage flotation circuit for copper and zinc respectively. The plant will produce 88 000 t/y zinc concentrate and 6 700 t/y of copper concentrate at steady state.
The project is forecast to have a six-and-a-half-year mine life.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has a pretax net present value, at a 10% discount rate, of $164.8-million and an internal rate of return of 56%.
Value
Start-up capital is estimated at $75.15-million.
Duration
Not stated.
Latest Developments
The restart study has given the board confidence to advance the project towards a definitive feasibility study, which it aims to complete by mid-2019.
Superior Lake announced in December 2018 that an exploration drill programme at the project had intersected high-grade zinc at the Mid Pick zone and identified a new footwall zone within 9 m of the Pick Lake deposit.
These results have the potential to further improve project economics for the project.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Superior Lake Resources, tel +61 8 6142 5088, fax +61 8 9200 5638 or email info@superiorlake.com.au.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Industrial Nozzles & Systems (Pty) Ltd (Est. 2000) exclusive representative in Southern Africa for LECHLER GmbH (Est. 1879) - Europe's leading...
VISIT SHOWROOM
ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.
VISIT SHOWROOM
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
