Mining Intelligence and News
Malawi

Kayelekera Mine

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Overview

Mine TypeOpen Pit
StageRestarting
Commodities
  • Uranium
Mining Method
  • Truck & Shovel / Loader
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SnapshotThe Kayelekera Uranium Project, currently on care and maintenance, is a past-producing uranium asset that was closed due to a sustained low uranium price.

Following a comprehensive FEED program, Lotus has approved the accelerated restart of Kayelekera. Accelerated Production Plan reduces initial restart capital. Lotus Resources is fully funded to restart Kayelekera production.

As of 6 November 2024, repaired and recommissioned key equipment. Engineering, Procurement, Construction and Management contract issued for acid plant relocation and refurbishment with civil works to begin before the end of 2024 year.
Latest NewsLotus Resources Ltd.: Kayelekera Uranium Project Fully Funded for 2025 Restart     November 6, 2024

Owners

SourceSource
CompanyInterestOwnership
Government of the Republic of Malawi 15 % Indirect
Lotus Resources Ltd. 85 % Indirect
Lotus Resources owns 85% of the Project with the remaining 15% held by the Government of Malawi.

Contractors

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Deposit type

  • Sandstone hosted

Summary:

Kayelekera is a sandstone-hosted uranium deposit associated with the Permian Karoo sediments and is hosted by the Kayelekera member of the North Rukuru sediments of the Karoo. The mineralisation at Kayelekera is hosted in several arkose units where they are adjacent to the Eastern Boundary Fault zone. The mineralisation forms more or less tabular bodies restricted to the arkoses, except adjacent to the NS strand of the Eastern Boundary fault at the eastern extremity of the pit. Here, mineralisation also occurs in mudstones in the immediate vicinity of the fault. The highest grades correspond to the intersection of the eastern and Champhanji faults. Mineralisation grade and tonnage declines with lateral distance from these faults. The lowest level of known mineralisation is currently at a depth of approximately 160m below surface.

Kayelekera is situated close to a major tectonic boundary between the Ubendian and the Irumide domains. The Ubendian domain consists of medium to high-grade metamorphic rocks and intrusions cut by major NW-SE dextral shear zones and post-tectonic granitoid intrusions dated at 1.86Ga (Lenoir et al., 1995). These shear zones may well have been reactivated during and after deposition of the Karoo sequence, since many major brittle faults that offset the Karoo-aged rocks have the same orientation.

Mineralisation at Kayelekera is hosted in several arkose units where they are adjacent to the Eastern Boundary Fault zone. The mineralisation forms more or less tabular bodies restricted to the arkoses, except adjacent to the NS strand of the Eastern Boundary fault at the eastern extremity of the pit. Here, mineralisation also occurs in mudstones in the immediate vicinity of the fault. It can be seen that the highest grades correspond to the intersection of the eastern and Champanji faults. Mineralisation grade and tonnage declines with lateral distance from these faults.

Secondary mineralisation tends to be concentrated in vertical fractures and along the contacts between mudstone and arkose and is restricted to the upper parts of the orebody Primary reduced (i.e. carbon and pyrite-bearing) arkose ore accounts for 40% of the total ore. About 30% of the mineralisation is hosted in oxidised arkose (i.e. lacking carbon and pyrite) and is called oxidised ore. 10% of mineralisation is termed “Mixed Arkose” and exhibits characteristics of both primary and secondary arkose mineralisation types.

Uranium in primary ore is present as coffinite, minor uraninite and a U-Ti mineral, tentatively referred to as brannerite. Modes of occurrence include: disseminated in matrix clay, included in detrital mica grains and intimately intergrown with carbonaceous matter. Individual grains are extremely fine, typically <10µm. Coffinite and uraninite also show an association with a TiO2 phase, possibly rutile after detrital ilmenite. It is possible that uranium deposition was accompanied by leaching of Fe from detrital ilmenite and precipitation of a TiO2 polymorph.

The Kayelekera Mineral Resource area extends over a strike length of 1,600m (from 8,895,300mN – 8,896,900mN) and includes the 300m vertical interval from 1,000mRL to 700mRL.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnitsAvg. AnnualLOM
Uranium M lbs 2.419
All production numbers are expressed as U3O8.

Operational metrics

Metrics
Stripping / waste ratio  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Total tonnes mined, LOM  ....  Subscribe
Tonnes processed, LOM  ....  Subscribe
* According to 2024 study.

Production Costs

CommodityUnitsAverage
All-in sustaining costs (AISC) U3O8 USD  ....  Subscribe
C1 cash costs U3O8 USD  ....  Subscribe
Assumed price U3O8 USD  ....  Subscribe
* According to 2024 study / presentation.

Operating Costs

CurrencyAverage
OP mining costs ($/t mined) USD  ....  Subscribe
Processing costs ($/t milled) USD  ....  Subscribe
* According to 2024 study.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M USD  ......  Subscribe
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Sustaining CapEx $M USD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M USD  ......  Subscribe
After-tax Cash Flow (LOM) $M USD  ......  Subscribe
Pre-tax NPV @ 8% $M USD  ......  Subscribe
After-tax NPV @ 8% $M USD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNamePhoneEmailProfileRef. Date
....................... Subscription required ....................... Subscription required ........... Subscription required ........... Subscription required Subscription required Nov 21, 2024
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EmployeesYear
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Aerial view:

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