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Stay current with all the latest and breaking news about Prieska, compare headlines and perspectives between news sources on stories happening today. In total, 7stories have been published about Prieska which Ground News has aggregated in the past 3 months.

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Orion raises A$5.8m as question over big capital looms

Prieska · Prieska

Orion raises A$5.8m as question over big capital looms

ORION Minerals confirmed on Tuesday it had raised A$5.8m (R67m) through an issue of shares which was encouragingly supported by its key shareholders. The capital raised is to advance development of its Prieska Copper Zinc Mine and Okiep Copper Project in South Africa. Anthony Lennox, newly appointed MD and CEO of Orion Minerals said the funding enables the company to continue finalise its funding package for the projects, and press on with early…Read Article

Orion may bring 'big brother' into copper mine plans

SHAREHOLDERS in copper exploration firm Orion Minerals can look forward to brighter days after it unveiled bankable feasibility studies of two projects in the Northern Cape. Prieska Copper Zinc Mine (PCZM) and Flat Mines will produce 28,500 tons of copper a year, said Orion. Orion’s share performance has been uninspiring, down 33% since taking a secondary inward listing on the JSE in 2017. In its defence, building mines — even brownfields ones, …Prieska · Prieska Read Article

Orion confident of funder support to develop PCZM

COPPER mine developer Orion Minerals is confident of raising the necessary funds to proceed with development of its flagship project, Prieska Copper Zinc Mine (PCZM), based on funder support to date, it said in its latest quarterly report. It recently raised a A$2m (R23.8m) loan from a company owned by a former director, which will tide it over for the next few months, but substantially more funds will be needed over the next three years to full…Prieska · Prieska Read Article

Errol Smart jumps ship from Orion to go into the exploration business for himself

Former Orion Minerals CEO Errol Smart is going to set up his own exploration and development operation in South Africa after abruptly leaving the junior copper miner at a critical stage of its development. Smart declined to provide specifics at this stage over the minerals he would be targeting or the structure to be set up. He told Miningmx, “we are putting together a group of people who are investors and players. I am a big believer in South A…Prieska · Prieska Read Article

Bluetongue is rampant in the Northern Cape

Bluetongue, especially among Merinos and other sheep of European origin, is a huge problem in the Northern Cape this year. In areas along the Orange River, such as Prieska, Douglas, Luckhoff, and Upington, breeders have lost large numbers of animals. Some farmers have lost more than 100 sheep. The problem is not localized. Grant Naudé, president of Merino SA, […] The post Bluetongue runs amok in Northern Cape appeared first on AgriOrbit.Prieska · Prieska Read Article

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