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23.09.2025 15:38:00
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Appian secures $150M for Namibia zinc mine expansion
Appian Capital Advisory has secured a $150 million debt facility from Standard Bank to complete the expansion of its majority-owned Rosh Pinah zinc mine (RPZ) in southern Namibia.The financing will cover the remaining construction costs of the Rosh Pinah 2.0 project (RP2.0), which is more than 80% complete and on track for full commissioning in the third quarter of 2026. The expansion aims to nearly double throughput to 1.3 million tonnes a year, equal to about 170 million pounds of zinc.The project includes developing additional underground deposits and building new surface facilities, including a processing plant, paste fill and water treatment plant, and a new portal and decline.“Securing this financing is a major step forward for RPZ and RP2.0,” Ignacio Bustamante, Appian’s head of base metals, said. “The expansion is a key component of our strategy to optimise operations and extend mine life.”Alex Mayrick, the mine’s general manager, said Standard Bank’s involvement reflected confidence in the long-term prospects of the operation.Solar-poweredAbout 30% of the mine’s energy needs are being met by the Rosh Pinah Solar Park, in which Appian took a controlling stake earlier this year. The plant supplies electricity at a fixed rate under a 15-year offtake agreement with Emesco Energy, cutting energy costs by 8%.Appian plans to boost the solar plant’s capacity from 5.4MWp (megawatt peak) to 16.3MWp, with Emesco continuing as operator.Weiter zum vollständigen Artikel bei Mining.com
Name | Kaufen | Verkaufen |
---|---|---|
Gold CombiBar® 100 x 1 g philoro - LBMA-zertifizierter Hersteller | 10’949.90 | 10’385.62 |
Gold Krügerrand 1 oz | 3’376.42 | 3’221.56 |
Gold Philharmoniker 1 oz | 3’404.46 | 3’254.27 |
Gold Vreneli 20 Franken - diverse Jahrgänge | 642.41 | 607.88 |
Goldbarren 250 g philoro - LBMA-zertifizierter Hersteller | 26’867.21 | 25’988.99 |
Silber CombiBar® 100 g | 246.24 | 149.70 |
Silber Maple Leaf 1 oz | 47.51 | 39.53 |
Silberbarren 1000 g divers - LBMA-zertifizierter Hersteller | 1’464.76 | 1’229.06 |
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