Equinox Minerals Limited

Equinox Minerals Limited

April 30, 2007 13:17 ET

Equinox Commences Mining Operations at Lumwana

TORONTO, ONTARIO--(CCNMatthews - April 30, 2007) -


Equinox Minerals Limited (TSX:EQN)(ASX:EQN) ("Equinox") is pleased to announce that large scale mining operations have commenced at its Lumwana Copper Project which is presently under construction in the North Western province of Zambia.

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Jon Yelland, Lumwana's Mine Manager explained that following clearing and topsoil removal within the Stage 1 Malundwe open pit, the large scale mining equipment assembled at Lumwana has commenced the initial waste stripping required to provide the bulk-fill requirements to support the construction program. "As the orebody is just a few metres from the surface we will have no difficulty accessing the orebody in preparation for commissioning of the 20MMt/year concentrator in mid-2008".

A diesel powered Hitachi EX5500 hydraulic excavator will be the initial production loading unit (seen above in action at Malundwe) until effective ramp establishment and power reticulation take place by which time an additional four EX5500 face shovel units in electric configuration will be on site to take advantage of the higher efficiencies delivered by reticulated in-pit power. The Hitachi EX5500 hydraulic excavator weighs 518 tonnes and operates a 27m3 front-loading shovel-bucket with the capacity to move up to 4,000 tonnes of material per operating hour.

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To date, 7 of the 27 x EH4500 diesel/AC Drive "Euclid" trucks ordered from Hitachi have been delivered to site and assembled. Each 2,000 kW (2,700 bhp) machine weighs 200 tonnes and will carry nominal payloads of over 240 tonnes. These trucks will initially operate on diesel drive and as power reticulation is delivered, operation on pit exit ramps utilizing trolley assistance will commence providing significant operating cost benefits.

Equinox is operating four Immersive Technologies simulators to aid training of its mining fleet operators. Utilizing this technology assists the new mining operators to quickly reach the production ramp-up levels necessary for start-up, whilst aiding progressive training to achieve the Company's goal of reaching international benchmark standards and operating performance levels for production.

"The progressive mobilization of the mining fleet will have Lumwana reach a production rate of 120 million tonnes per annum by 2nd quarter 2008" says Craig Williams President and CEO of Equinox Minerals Limited. "Once again Equinox delivers on another milestone in the development of this world class project".

Lumwana is owned 100% by Equinox. Construction commenced in January 2006 and remains on schedule. It is anticipated that the Lumwana mine will produce an average of 169,000 tonnes of copper metal per year contained in concentrates for the first 6 years of its 37-year mine life. Commissioning is expected during Q2 2008.

On Behalf of the Board of Directors of Equinox:

Craig R. Williams, President & Chief Executive Officer

Cautionary Language and Forward Looking Statements

This press release contains "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian and Australian securities authorities.

ARBN 108 066 986

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