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Lumwana Project
Lumwana
Country Zambia 
Province North western province
Close to Solwezi
Status PRODUCTION 
Surface 1,355 km² / 334,820 acres
Latitude / Longitude 12 S 14 / 25 E 52
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces Cobalt - Copper - Gold - Uranium -
Develops
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Risk and valuation analysis of the Lumwana Project
Status Risk : Production
Country Risk : Important
Resource Risk : 48.00%
Title(s) of the Lumwana Project
Equinox Minerals Ltd
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Equinox owns 100% of LML-49.
Location of the Lumwana Project
Lumwana is located in the North Western Province of Zambia, 220 km west of the Copperbelt and 65 km west of the town of Solwezi.
 
History of the Lumwana Project
Lumwana is now a major copper mine which will establish Equinox as one of the World’s Top 20 copper producing companies.
 
Reserves and resources of the Lumwana Project
TonnageGradeReserves and resources
UraniumGoldCopperCobaltUraniumGoldCopperCobalt
%g/t%%lbsozlbslbs
 Proven00.000.000.830.00 2 276 316 950
 Probable00.000.000.660.00 2 837 349 314
 Proven and Probable00.000.000.730.00 5 113 666 264
 Measured00.000.030.890.02 124 9062 540 937 803 67 948 674
 Indicated4,700,0000.100.020.680.02 9 843 640 147 0583 428 540 917 77 142 171
 Mesured and Indicated4,700,0000.100.020.760.02 9 843 640 271 9635 969 478 719 145 090 844
 Inferred6,100,0000.050.010.630.00 6 724 099 181 4597 839 020 749 57 237 294
 Total 10 800 000 16 567 739 453 42218 922 165 732 202 328 139
Definitions
Reserves and resources of the Lumwana Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Copper18 922 165 7322 276 316 9502 837 349 3145 113 666 2642 540 937 8033 428 540 9175 969 478 7197 839 020 749lbs61 856 559 779 US$
 Gold 453 422 124 906 147 058 271 963 181 459oz 628 533 547 US$
 Uranium 16 567 739 9 843 640 9 843 640 6 724 099lbs US$
 Cobalt 202 328 139 67 948 674 77 142 171 145 090 844 57 237 294lbs US$
Production history
Metal20102009
COPPER (lbs)323,396,092241,214,374
Production Objectives
Metal2013201420152016201720182019202020212022
COPPER (lbs)38,000,00038,000,00038,000,00038,000,00038,000,00038,000,00038,000,00038,000,00038,000,00038,000,000
URANIUM (lbs)1,750,0001,750,0001,750,0001,750,0001,750,0001,750,0001,750,0001,750,0001,750,0001,750,000
Production
4/25/2011Equinox Publishes Preliminary Production Results for 1st Qua...
1/10/2011"Publishes Preliminary Lumwana Production Results for 4th Qu...
7/13/2010Publishes Preliminary Lumwana Production Results for 2nd Qua...
4/8/2010Publishes Preliminary Lumwana Production Results for 1st Qua...
1/25/2010Preliminary Lumwana Production Results for 4th Quarter
10/5/2009Preliminary Lumwana Production Results show Continued Improv...
7/6/2009preliminary production results for the quarter ended June 30...
Exploration and drilling
2/7/2011"Provides update on Lumwana expansion strategy"
2/2/2010Establishes New US$400 Million Corporate Loan Facility to Ex...
11/16/2009Q3-2009 Results show 15% Increase in Lumwana Copper Producti...
9/2/2009Extinguishes Phelps Dodge Mining (Zambia) Right to 1% Lumwan...
8/8/2009Start up probs hit Africa's largest copper mine output forec...
5/7/2009Signs Smelter Agreement with KCM for Processing of Lumwana C...
3/30/2009Reschedules Lumwana Project Debt and Releases Results for Ye...
3/9/2009Lumwana looking healthy despite copper’s crash
1/9/2009Provides Lumwana Mine Update
12/5/2008Lumwana Produces First Copper Concentrate
11/21/2008Lumwana Processing Facility Handover achieved
10/8/2008Lumwana Primary Crushing Commences and 1st Electric Face Sho...
10/3/2008Establishes Additional Debt Facility for Project Completion ...
8/13/2008Releases Results for Quarter Ended June 30, 2008
7/21/2008Provides Lumwana Completion Update
7/7/2008Damage to Lumwana Transformer and Substation
6/30/2008Lumwana SAG Mill Commissioning Commences
5/13/2008Secures Key Land Title at Lumwana Mining Lease and reports C...
5/5/2008Lumwana Raw Water Extraction Systems Commissioning Complete
12/19/2007Passes 75% Development Completion
9/11/2007Completes Lumwana Copper Hedging Program
Discoveries and Drilling Results
11/14/2007Uranium Feasibility Infill Drilling Confirms High Grade Uran...
6/11/2007Kanga Drilling delivers Positive Copper & Uranium Intercepts...
Location
Data last updated on : 4/13/2009
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources