Star Zinc Mine, Zambia

Opportunity Snapshot

Investment Opportunity

Trans-Africa Exploration and Mining Limited intends to commence development of Star Zinc mine situated in the Lusaka province of Zambia some 19km north of the provincial capital of Lusaka and 1.6km west of the Great North Road.

Star Zinc Mine will be an open-pit operation moving approximately 100 000t of Zinc ore per annum and will produce zinc concentrate an average of 13 500t of Zinc metal per year over a fifteen (15) year mine life making Star Zinc the only and largest zinc mine in Zambia.

The plant shall be located on a plot area of 51.2 hectares (800m x 640m). The total developmental activity will include civil engineering works involving the construction of roads sewerage and drainage infrastructure. The project is designed to take into account its environmental impact on the area by building a tailings pond to contain affluent from the electro-winning plant and recycle the water to the processing plant. In addition it will abide to effluent limits for zinc, sulphate and dust emissions as set by the Environmental Council of Zambia.

Further the development activity will include the construction of water storage facilities and connecting electric power supply to ZESCO grid with an installed power capacity of 100KVA.

We are ready to answer the queries of interested investors.

Competitive Advantage

The Zambian government is committed to growing the mining industry in Zambia and the regulatory framework is ideal for investment.

There is a strong case for believing that the actual reserves base lies according to the feasibility study appraisal is 1,500,000t in-situ zinc ore.

Rationale for the deal

Trans-Africa Exploration and Mining Limited is looking for an equity partner to invest in the development of Star Zinc Mine.

Use of financing

The investment will be used for mining and processing infrastructure.

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