Mining Intelligence and News
Tanzania

Lindi Jumbo Mine

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Lindi Jumbo Mine

Location: 85 W from Lindi, Tanzania

Regional Office:

Cape town Fish Market 3rd floor, Plot No. 180, Msasani Village Block “B”
Dar es Salaam
Tanzania
33773

Contacts:

Additional Resources for Suppliers & Investors

Categories

Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Graphite
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotThe high-grade Lindi Jumbo Graphite Project has one of the five largest graphite plants by output tonnes outside of China. Lindi Jumbo products seeing ongoing high demand, with requests for delivery in 2024 exceeding forecasted production.

June 7, 2024 Walkabout Resources Limited ("WKT") announced that it has produced and shipped the first consignment graphite concentrate.

November 12, 2024 was appointment of Administrators of Walkabout Resources and the WKT Subsidiaries. Following their appointment the Receivers immediately undertook and completed a sale and marketing campaign for the sale and / or recapitalisation of WKT and the subsidiaries, which resulted in five (5) Expressions of Interest (EOI). Of the EOIs received, only one was in a form capable of being progressed and considered by creditors at the Meetings, being a deed of company arrangement (DOCA) proposal submitted by Gemcorp Fund I Limited.

Owners

SourceSource
CompanyInterestOwnership
Walkabout Resources Ltd. 100 % Indirect
Walkabout Resources Ltd. is 100% owned Lindi Jumbo Graphite Project.

At 30 June 2024, Walkabout, through their 100% owned subsidiary Lindi Jumbo Ltd, was in the process of negotiating the Framework Agreement with the Tanzanian Government which will see a new joint venture incorporated in which Lindi Jumbo will hold an 84% interest and the Tanzanian Government the remaining 16%.

Following the appointment of voluntary administrators and receivers on 12 November 2024, the ASX suspended Walkabout Resources Ltd (WKT) securities. The suspension will persist until WKT meets ASX Listing Rules and financial requirements for reinstatement. Jeremy Nipps and Thomas Birch were appointed Joint Administrators, while Richard Tucker and Paul Pracilio of KordaMentha were appointed Joint Receivers for Walkabout Resources and its subsidiaries.

Contractors

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SourceSource

Deposit type

  • Metamorphic

Summary:

The project area is situated in the Usagaran of the Mozambique belt and consists of graphitic gneisses and schists interpreted to occur along the flanks of various anti- and synforms in the area with the lithological units dipping at between 15 and 50 degrees to the NW and SE.

Reserves

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Mining Methods

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Required Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Commodity Production

Mining for operational purposes commencing towards the end of the reporting period (30 June 2024).
CommodityUnitsAvg. Annual (Projected)
All production numbers are expressed as concentrate.

Operational metrics

Metrics2024
Ore tonnes mined  ....  Subscribe

Production Costs

Commodity production costs have not been reported.

Personnel

Mine Management

Job TitleNamePhoneProfileRef. Date
....................... Subscription required ....................... Subscription required ........... Subscription required Subscription required Jan 15, 2025
....................... Subscription required ....................... Subscription required Subscription required Jan 12, 2025

Workforce

Total WorkforceYear
...... Subscription required 2019

Aerial view:

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