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Wits Gold award

MDM awarded Kipushi study

07 August 2013

MDM (AIM: MDM) the minerals process and project management company focused on the mining industry, is pleased to announce that it has been awarded the scoping study (“SS”) for Kipushi Corporation SPRL (“KICO-SPRL”) Kipushi Rehabilitation and Re-development Project in DRC (the “Project”).

Ivanplats acquired a 68% share of the Kipushi mine in 2011 and is currently dewatering the mine in order to access the original workings, known as the Fault Ore. In addition, a further deposit, known as Big Zinc, has been identified at a level below the original workings.

KICO-SPRL’s imperative is to achieve production as soon as possible from the underground orebody deposit known as the Big Zinc. A mining and business plan for the life of mine will then need be to be developed to confirm a viable business for additional mine refurbishment, development and investment in surface processing capacity and infrastructure. In the mine’s 70 years of operation, 60 million tonnes (“Mt”) of materials were extracted at a grade of 6.78% copper and 11.03% Zinc. In addition, 0.4 Mt of lead, 45,000 tonnes of cadmium and 120 tonnes of germanium were extracted through the existing processing plant. Currently preliminary metallurgical testwork is taking place at Mintek and a new processing facility may need to be constructed.

MDM has also been requested to include within the scoping study the roaster technology to further refine the product and to investigate concentrate to metal viability.

George Bennett, MDM Executive Director, said:
“In 2012, MDM completed the design and construction of two copper dense-media-separation plants for ENRC in the Katanga Province of the DRC, an area known well to the Company. MDM also has strong zinc experience that includes Zincox Resources’ Jabali project, Metorex’s Letaba and Miranda zinc plants - designed and built by MDM, and the Skorpion Zinc pre-feasibility study completed for Reunion Mining, all of these projects will bring a large body of knowledge to the Kipushi project. We look forward to building a strong working relationship with Ivanplats.”


MDM Engineering Group Limited

Martin Smith (CEO)
George Bennett (Executive Director)
Dominique de la Roche (Finance Director)
Tel: +27 (0) 11 993 4300

Canaccord Genuity Limited

Andrew Chubb / Joe Weaving
Tel: +44 (0)20 7523 8000

Tavistock Communications Limited

Jos Simson / Emily Fenton
Tel: +44 (0)20 7920 3150

Ivanplats Limited:
Ivanplats, exploring in Africa since 1994, now has discoveries and development projects covering copper and zinc-copper in the Central African Copperbelt in the Democratic Republic of Congo and platinum-group metals, gold, nickel and copper in South Africa's Bushveld Complex.  The company's shares began trading on the Toronto Stock Exchange in October 2012.

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