Cupric advances ambitions of new copper mine in Ghanzi

Emerging copper miner, Cupric Africa has set its sights on developing a new underground copper mine in Botswana, with work under way to firm up the bankable feasibility study (BFS) and map out the next step for the company’s Khoemacau copper/silver exploration project.

At the beginning of 2013, US-based Cupric Canyon Capital acquired all the remaining shares it did not already own in Canadian junior miner Hana Mining for C$67-million, taking control of Botswana-based Hana Ghanzi Copper.

Since then, Cupric’s Africa-based arm had been quietly working towards evolving into a copper producing company and starting the multimillion-dollar development of the subsequently renamed Khoemacau mine into an underground operation within the Kalahari copperbelt.

Editor's Comment
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

Have a Story? Send Us a tip
arrow up