Orion Minerals Announces $382 Million Capital Expenditure for Prieska Mine Development

Post Views: 201 Prieska Mine Orion Minerals has announced a capital expenditure (capex) of A$607 million ($382 million) for the Prieska Copper Zinc Mine in South Africa. This estimate, based on the 2025 Definitive Feasibility Study (DFS), includes contingencies for the large-scale project. This signals a major investment in copper and zinc production.   Two-Phase Development Strategy The Prieska mine, located in South Africa’s Northern Cape Province, will undergo a two-phase development. This strategy is specifically designed to mitigate risks while accelerating value generation fro...