Cupric advances ambitions of new copper mine in Ghanzi

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.