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)
  • 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