Barrick To Complete Feasibility Study For Lumwana Mine Expansion, Start Construction In 2025
Barrick To Complete Feasibility Study For Lumwana Mine Expansion, Start Construction In 2025
Leading gold miner Barrick Gold (NYSE:GOLD) will complete its feasibility study for expanding its Lumwana copper mine by the end of the year. CEO Mark Bristow noted that the expansion could transform the mine into a long-life, high-yielding copper producer that will play an important role in the global copper market.
全球领先的黄金矿业公司巴里克黄金(纽交所: 黄金)将于年底完成其对卢姆瓦纳铜矿的扩建可行性研究。 CEO马克·布里斯托表示,该扩建项目有望将该矿变成一个长寿命、高产量的铜生产商,对全球铜市场起到重要作用。
Bristow sees the Zambian mine among the top 25 global copper producers, cementing Barrick's diversification into the lucrative copper market.
布里斯托认为,这家赞比亚矿山是全球前25家铜生产商之一,巴里克通过进军利润丰厚的铜市场巩固了其多元化战略。
The expansion will increase production by doubling plant throughput from 27 million tons to 52 million tons annually, aiming to boost Lumwana's copper output from 120,000 tons annually to a life-of-mine average of 240,000 tons. The project will also incrementally ramp up mining volumes over several years.
此次扩建将通过将年产量从每年2700万吨提高到每年5200万吨来增加产量,旨在将卢姆瓦纳的铜产量从每年12万吨提高到终身平均24万吨。该项目还将逐步提高矿山开采量多年。
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The phased ramp-up will enable a competitive cost profile, improving annual operating cash flow by 85% and free cash flow by 60%, based on long-term copper price estimates." Said Sebastiaan Bock, Barrick's Chief Operating Officer for Africa and the Middle East
"根据长期铜价预测,分阶段的扩建将实现竞争性成本结构,将年度运营现金流提高85%,自由现金流提高60%。”巴里克的非洲和中东首席运营官塞巴斯蒂安·博克说。
Lumwana, once a struggling asset, was strategically reorganized in 2019. Since then, this copper mine has contributed nearly $3 billion to the Zambian economy through taxes, royalties, wages, and local procurement, making it a vital part of the economy in this African country.
曾经艰难的卢姆瓦纳矿山在2019年进行了战略性重组。自那时以来,该铜矿通过税收、特许权使用费、工资和本地采购为赞比亚经济贡献了近30亿美元,成为该非洲国家经济的重要组成部分。
Barrick's commitment to local partnerships and sustainable practices is evident in the expansion's phased approach, which includes detailed engineering work and pre-construction preparations set to begin in 2025.
巴里克致力于当地合作伙伴关系和可持续实践,这在扩建工程的分阶段方法中体现出来,包括详细的工程工作和预施工准备,计划于2025年开始。
"We are starting detailed engineering works this quarter and expanding our onsite accommodation while building partnerships with key suppliers and contractors ahead of the pre-construction ground preparation works, which are scheduled to start next year," said Mineral Resource Manager Simon Bottoms.
“本季度我们将开始详细的工程工作,并扩建现场住宿,同时与主要供应商和承包商建立合作伙伴关系,为明年开始的预建设地面准备工作做准备。”矿产资源经理西蒙·波顿斯说。
Using the long-term copper price consensus of $4.13 per pound, Barrick estimated that the mine's expansion would yield an internal rate of return (IRR) of 20%. The total IRR of the mine—factoring in both current operations and the expansion—could exceed 50%.
根据纽交所长期铜价共识为每磅4.13美元,巴里克估计该矿山的扩建将产生20%的内部回报率(IRR)。考虑到当前运营和扩建,矿山的总IRR可能超过50%。
Post-expansion C1 cash costs (representing the cash cost per unit of extracting and processing) are expected at $1.85 per pound, placing the mine in the first quartile of the industry without the benefit of other byproducts.
预期扩建后的C1现金成本(表示每单位采矿和加工的现金成本)为每磅1.85美元,使该矿山在没有其他副产品的情况下位于行业的第一四分位数。
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