The completed BFS lets Great Dyke Investments (Pvt) Ltd move forward to detailed engineering and construction of the 1st Stage mining and concentrating facilities with annual throughput capacity of 3.36 mln tonnes of ore. Construction period will take nearly 2 years. Total investments for the commencement of 1st Stage of the Project are estimated at US$400 million.
The general Project concept implies gradual construction of mining, concentrating and smelting facilities with all related infrastructure in three stages, with total annual processing capacities of up to 10 mln tonnes of ore and production of circa 860,000 ounces (27 tonnes) of 4E in converter matte. At full capacity, the Project will double production of PGMs in Zimbabwe and will rank among TOP-5 world PGM producers.
- To achieve design production capacity of 860,000 oz of PGMs annually, which allow to double the total current PGM output in Zimbabwe;
- At full development the Project will enter TOP-5 world PGM producers.
Project development schedule