{"id":1203676,"date":"2020-08-25T12:29:46","date_gmt":"2020-08-25T17:29:46","guid":{"rendered":"https:\/\/resourceworld.com\/?p=59468"},"modified":"2020-08-25T12:29:46","modified_gmt":"2020-08-25T17:29:46","slug":"trevali-mining-unveils-zinc-expansion-plan-in-namibia","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1203676","title":{"rendered":"Trevali Mining unveils zinc expansion plan in Namibia"},"content":{"rendered":"<p><strong>Trevali Mining Corp.<\/strong> [TV-TSX, LMA; TREVF-OTCQX; 4T1-FSE] on Tuesday August 24 tabled results of a pre-feasibility study for a proposed expansion of its 90%-owned Rosh Pinah zinc-lead-silver mine in Namibia.<\/p>\n<p>The prefeasibility study envisions a throughput expansion to 1.3 million tonnes annually, up from the current 700,000 tonnes, at a total capital expenditure of $93 million. Trevali estimates that the project has a relatively attractive internal rate of return (IRR) of 65% and 8% net present value (NPV) of $142 million based on a zinc price of US$1.11 a pound.<\/p>\n<p>On Tuesday, Trevali shares were off $0.01 or 3.45% to 14 cents on volume of 339,590. The shares are currently trading in a 52-week range of 26 cents and $0.06.<\/p>\n<p>Trevali is a Vancouver-based mining company. The bulk of its revenue is generated from base metals mining at four operations. They are the 90%-owned Perkoa Mine in Burkina Faso, the 90%-owned Rosh Pinah Mine, the wholly-owned Caribou zinc-lead-silver Mine in New Brunswick, and the wholly-owned Santander Mine in Peru.<\/p>\n<p>In June, 2020, Trevali released updated proven and probable reserves for Rosh Pinah of 11.23 million tonnes at 6.26% zinc, which compares to 9.79 million tonnes at 6.45% zinc at the end of 2019. This represents a 15% increase in tonnage and 11% increase in contained zinc. However, the total resources, including reserves, remain largely unchanged.<\/p>\n<p>Prior to making an investment decision, Trevali said it intends to commence a feasibility study for the Rosh Pinah expansion in the first quarter of 2021. The PFS anticipates a construction start date of the first quarter of 2022 with commercial production for the expanded plant beginning in the first half of 2023.<\/p>\n<p>By expanding the throughput to 1.3 million tonnes annually, the mine is expected to yield an average life of mine zinc output of 109 million pounds of zinc at a very low all-in-sustaining cost of US$0.70 a pound over an 11 year mine life.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trevali Mining Corp. [TV-TSX, LMA; TREVF-OTCQX; 4T1-FSE] on Tuesday August 24 tabled results of a&#8230;<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[622,435],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1203676"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1203676"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1203676\/revisions"}],"predecessor-version":[{"id":1203677,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1203676\/revisions\/1203677"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1203676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1203676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1203676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}