Kalahari Copperbelt officially opens for business

Friday, February 16, 2018

Happier days: Boseto Mine operated for just three years before collapsing

Known to contain millions of tonnes of copper and silver resources, the 1,000-kilometre belt running south west to north east, thus far remains an untapped treasure, sealed off by a lack of infrastructure. Recent developments, however, are set to unlock the Copperbelt’s value. Staff Writer, MBONGENI MGUNI reports

The 422 workers who were offloaded unceremoniously in February 2015 when Boseto Mine closed down, have become the cautionary tale of attempting to extract value from the Kalahari Copperbelt.

Discovery Metals Limited spent US$175 million developing Boseto Mine, ran it for three years and watched it fall to its knees, weighed down in part by astronomical operating costs associated with the use of diesel power generation.

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Kalahari Copperbelt officially opens for business