Khoemacau Copper Mining

The Project is fully funded, through the US$650 million facilities raised in 2019 Khoemacau is a copper development company which is nearing completion of the development of its low cost, +60ktpa copper and +2Mozpa silver metal, Starter Project in Botswana: 22 year mine life based on currently drilled Zone 5 resources only; Net cash costs (C1) over... the life estimated at approximately $1.47 per pound* of copper; All-in sustaining costs of $1.67* per pound of copper. Drilling of and studies on its Expansion Project, to increase production to over 125ktpa copper and 4.5Mozpa silver (average run rate at full production) are underway, concurrent with license scale exploration to unlock the full potential of its prized position in the emerging Kalahari Copper Belt. The company's flagship +60ktpa copper and +2Mozpa silver metal Starter Project involves the development of the Zone 5 underground mine and associated infrastructure, and the upgrade and expansion of the existing Boseto processing plant. The remarkable scale, geometry and high grade of the Zone 5 deposit will allow the mine to be fully mechanised employing the most modern mining technology, offering not only enhanced safety but low cost, efficient operations. While this Project is being commissioned, the ongoing exploration and development of the company's substantial Project pipeline offers significant opportunity beyond this. In so unlocking the potential of the company's assets in the Kalahari Copper Belt, the company seeks to deliver value and opportunity to the company's employees, stakeholders and Botswana as a country.Read More