Ngezi Phase 3A growth project, Zimbabwe
Name of the Project
Ngezi Phase 3A growth project.
Location
Zimbabwe.
Project Owner/s
Zimplats.
Project Description
The project entails the construction of the initial 900 000 t/y module at Ngezi's third concentrator plant, which will increase milling capacity from 6.7-million tonnes to 7.6-million tonnes a year.
The project will add 80 000 oz of platinum, palladium, rhodium, iridium, ruthenium and gold a year to production capacity.
The project includes a mining fleet and infrastructure.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
The concentrator plant is estimated at $94-million and the mining fleet at $18-million.
Planned Start/End Date
The project remains on schedule, with plant commissioning on track for the first quarter of the 2023 financial year.
Fleet deliveries have been completed and employee accommodation is set to be handed over in the third quarter of the 2022 financial year.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Zimplats, tel +44 1481 737217 or email info@zimplats.com.
Impala Platinum, tel +27 11 731 9000 or email investor@implats.co.za.
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