Global base-metals miner Trevali has deferred its expansion plans for the Rosh Pinah zinc mine, in Namibia, to a future date, as it moves to preserve liquidity during the economic downturn.
The Vancouver-based company, which also owns mines in Peru, Canada and Burkina Faso, said on Wednesday that it would still publish the Rosh Pinah 2.0 expansion project prefeasibility study in the second quarter, but that an investment decision initially planned for 2020 would be deferred.
Trevali previously said that the expansion in Namibia would require an investment of between $60-million and $80-million to boost production by between 60% and 80%, reduce costs, and improve recoveries and concentrate grades.