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Production / Operations

Lipari Mining Advances Tchiuzo Project with Shipment of Kimberlite Processing Plant

By The Northwire Desk — AI Analysis Dec 18, 2025 · 08:22 LML · 0.27 LIPARI MINING LTD.
LML · Price

Executive Summary

  • Lipari Mining’s newly acquired 5 t/h kimberlite processing plant is en‑route to Angola, with arrival expected in Q1‑2026 and commissioning planned before the end of that quarter.
  • The plant will enable Phase II of the Tchiuzo kimberlite project, allowing processing of at least 10,000 t of kimberlite per month and an estimated production of ~5,000 carats of diamonds.
  • Updated mineral resource estimates (indicated 28.8 Mt @ 47.2 cpht; inferred 6.5 Mt @ 30.7 cpht) were disclosed, supporting a forthcoming revision to the historical feasibility study.

Key Details

  • Plant Logistics: Transported from Sudbury, Ontario → Port of Montreal → marine shipment to Luanda, Angola (expected early Jan 2026).
  • Processing Capacity: 5 tonne‑per‑hour plant; minimum feed of 10,000 t of kimberlite per month.
  • Projected Diamond Output: Approx. 5,000 carats from the first processing campaign, to be valued for market pricing.
  • Site Preparation: Concrete slab and footings, plus tailings management systems, slated to begin Jan 2026.
  • Commissioning Timeline: Planned completion before end of Q1‑2026.
  • Resource Update (Oct 31 2025):
  • Indicated: 28.8 Mt containing 13.6 M carats (47.2 cpht).
  • Inferred: 6.5 Mt containing 2.0 M carats (30.7 cpht).
  • Economic Assumptions Used in Resource Model: Mining cost $3.7/t, processing $6.79/t, G&A $2.94/t, royalty 5%, diamond price $100/ct; recovery 98%; cut‑off grade 10.45 cpht.
  • Qualified Persons: Sean Duggan (block modeling), Carlos Guzmán (RPEEE); technical review by Martin Doyle, P.Geo., Falmar Ltd.

Notable Quotes

“Site preparation for the processing plant installation is scheduled to commence in January 2026… The modular design will enable rapid installation of the processing circuit, with the plant commissioning planned before the end of Q1‑2026.” – Ken Johnson, President & CEO

Materiality: Material – Positive (significant project milestone that materially advances development and could impact future valuation).

Read the original news release →

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Resource Estimate