Selous PGM Project Feasibility Study Indicates at least 35 Years LOM
Bravura Group expects a life of mine (LOM) exceeding 35 years at its Selous Platinum Group Metals (PGM) project.
The Selous PGM project is set to be one of the largest platinum projects in the country and is expected to contribute significantly to the national GDP.
According to Bravura Group General Manager Mr Gbenga Ojo, the company has drilled over 40,000 meters to a maximum depth of over a kilometre. Independent consultant SRK has verified the resource, and the company is preparing for the excavation of a box cut at the Selous PGM project.
“Regarding the life of mine at Selous, we are completing our feasibility study. We conducted over 40,000 meters of drilling to a maximum depth of over a kilometre, verified by independent consultant SRK. We are confident in the measured resource and expect a life of mine exceeding 35 years, with further phases to follow. We are preparing for the excavation of the box cut,” Ojo said.
Ojo emphasized the company’s commitment to local content, noting that 90% of its current employees are local. He also highlighted that Bravura will have a well-detailed closure plan to ensure local communities benefit even after depleting the resource.
“In terms of employment, we prioritize local hiring and skill transfer. Currently, 90% of our staff are Zimbabweans. We do not engage in contract mining; all equipment and personnel are in-house, mitigating operational risks. As part of our Environmental Impact Assessment (EIA), we include closure plans. We have already obtained an EIA certificate for Kamativi and are finalizing the EIA application for Selous. We are transparent with the government regarding our closure plans. We think globally and stay attuned to global developments, including climate and pollution risks. We strive to ensure compliance and future-proof our operations,” he said.
Regarding the Kamativi dump processing plant, Ojo expects the project to be operational early next year.
“The installation of the plant will take six to seven months, with operations expected to commence next year,” Ojo added.