Khoemacau Mining, owned by US-based Cupric Canyon, has indicated that construction at its Botswanan copper-silver mine will be completed by mid-2021.
After the mine equipment is commissioned, production will be ramped up to about 60,000mt of copper per year, with an expansion plan to 100,000mt in the books. John Munro, the company’s executive director, told the media that Khoemacau expects most of the produce to be exported out of Africa, while some may be sold to South African smelters.
The Khoemacau mine’s flagship Zone 5 deposit is estimated to hold 91.7mn mt of mineral ore, graded at 2.1pc copper. It is located in Botswana’s Kalahari copper belt.