Head of Base Metals at Appian Capital Advisory, Ignacio Bustamante, told Fastmarkets that the Rosh Pinah zinc mine wants to double production by 2026.
Appian Capital Advisory acquired Trevali Mining Corporation’s 89.96% interest in the Rosh Pinah zinc mine in June 2023.
When Appian Capital Advisory acquired the majority stake, Rosh Pinah was producing 2,000 tons per day.
The company announced then that it would restart the Rosh Pinah 2.0 mine expansion project, which would nearly double the annual ore throughput to 1.3 million tons and improve safety and environmental performance.
The Rosh Pinah 2.0 expansion project envisages the construction of new processing facilities, including adding a paste fill and water treatment plant, a dedicated portal, and declining to extend deposits.
The project will increase mill throughput from 0.7 million tonnes to 1.3 million tonnes of ore per annum, on average, increasing zinc equivalent production to 170 million pounds per annum.
Bustamante confirmed that the Rosh Pinah 2.0 expansion is due for completion by July 2026.
According to Bustamante, plenty of opportunities have been identified, and they have already started working on the mining side, the metallurgical side, and the Rosh Pinah 2.0 expansion.
“We have completed most of the engineering work for the key components, and we have already placed orders and secured production for key components such as the crushing system, filters, semi-autogenous mill (SAG) mill, and flotation cells. Everything is in good shape,” Bustamante said.
He added that they believe the first milestone will be when the paste backfill plant becomes operational, which should be sometime around [the third quarter of] 2025.
