Welcome to
Orion Minerals
Orion Minerals Ltd (ASX: ORN | JSE: ORN) is a globally diversified metal explorer and developer which is on track to become a new generation base metals producer through the development of its flagship Prieska Copper-Zinc Project in South Africa’s Areachap geological terrane, Northern Cape.
Key Investment Highlights
- Internationally diversified base metals explorer/developer
- The Orebody:
- Globally significant VMS Mineral Resource of 30.49Mt at 1.2% Cu, 3.7% Zn
- Mineral Reserve of 14.5Mt at 1.1% Cu and 3.2% Zn
- Updated BFS completed May 2020 following successful optimisation & value engineering, including:
- Initial 12-year, 2.4Mtpa operation targeting 22ktpa Cu and 70ktpa Zn
- Life of Mine production 226kt Cu and 680kt Zn
- Strong operating margins and financials:
- Pre-tax free cash flow A$1.6bn (post tax A$1.2bn)
- Pre-tax NPV (8% disc) A$779m (post tax (A$552m)
- Payback period 2.4 years from first production
- All in sustaining margin of 47%
- Peak funding requirement A$413m
- Globally competitive costs, strong margins and financials
- Project financing and strategic partner discussions well advanced
- 24-year Mining Right granted, with all other permits in place
- Exceptional exploration and growth pipeline
- Landmark black economic empowerment agreement completed
- Well-placed to access Australian and South African capital markets
- Exceptional exploration and growth pipeline
ASX/JSE Announcements
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05 Mar 2021 Cleansing Statement |
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04 Mar 2021 Half Year Accounts - 31 December 2020 |
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04 Mar 2021 Appendix 2A - Placement T1 |
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25 Feb 2021 Appendix 3B (Proposed Issue of Shares) T2 |
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25 Feb 2021 Appendix 3B (Proposed Issue of Shares) T1 |
Presentations
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15 Feb 2021 Investor Presentation |
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02 Feb 2021 Investor Presentation - OCC Deal |
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28 Jan 2021 Investor Presentation |
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02 Nov 2020 Investor Presentation |
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29 Sep 2020 Investor Presentation - General Meeting |
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Events
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