Orion hunting for Prieska capital

FINDING capital of around $400 million will be the big challenge faced by Orion Minerals as it seeks to develop the Prieska copper and zinc project in the Northern Cape region of South Africa.

Orion hunting for Prieska capital Orion hunting for Prieska capital Orion hunting for Prieska capital Orion hunting for Prieska capital Orion hunting for Prieska capital

The project has an NPV post-tax of $408 million (using an 8% discount rate), and an IRR of 33%, while payback occurs 2.9 years from first production.

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