Matambo

Only Open-Pit Operations are ongoing at this site. Three different open pit are located. (Matambo-1 , Matambo-2, Matambo-3) Ore production from open-pit operations started at the end of 2023 with all the ore being transported to the New Liberty processing plant.
Matambo Open Pit Mine (Dec-2023 to Present)
- Project was starting December-2023.Project was suspended at February -2024, after that Restart at beginning of December-2024
- Matambo pit has 450 m long and 390 m wide at the EOY-2024 (Project on going)
- Open pit has reached the 15 m depth at the EOY-2024 (Project On-going)
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Project to date production Metrics:
- Total Mined: 2.72 M tonnes
- Total Ore: 0.02 M tonnes
- Total Waste: 2.7 M tonnes
Key Facts
Mine Type
OP
Metals Mined
Gold
Production Type
Surface Mining method
Process Type
CIL (Average Recovery %94.39)
Remaining Life Of Mine
Based on proven and probable reserves, the remaining life of mine is 3 years
2024 Production Physicals
20kt @0.86 g/t, 575oz