Dundee Precious Metals Tsumeb

Dundee Precious Metals Tsumeb (Pty) Limited (DPMT), is located in Tsumeb, Namibia approximately 430 km north of the capital city of Windhoek. Tsumeb is the closest town to the Etosha National Park and has a population of 35,000 people. The smelter was constructed in the early 1960’s to process concentrate from the Tsumeb copper mine and other mines in the country. It is linked by rail to the Atlantic port of Walvis Bay in Namibia. The facility consists of a primary smelting furnace the Ausmelt furnace, two Peirce Smith Converters, bag houses and cooling towers, a slag milling plant, two high voltage distribution sub-stations, a materials handling facility, two oxygen plants, a fume extraction system and a sulphuric acid plant. The smelter employs approximately 800 people. The smelter is one of only a few in the world that can treat complex copper concentrates. Blister copper and sulphuric acid are smelter products. The blister copper is delivered to refineries in Europe and Asia for final processing to copper metal. Sulphuric acid is a critical component in the mining industry particularly for uranium and copper production businesses. Thus, the smelter can take a by-product of copper and turn it into something of value for Namibia. The Tsumeb smelter produces 98.5% pure copper blisters and with its ability to treat complex copper concentrates is transitioning from a captive smelter, receiving mainly Dundee concentrates into a toll treatment facility with brown-fields expansion potential.