High copper prices greet Khoemacau

Since the underground development of Khoemacau’s Zone 5 Mine commenced in early 2020, more than 350,000 tonnes of high-grade sulphide ore has been stockpiled on the surface and is available to feed the processor at Boseto.

Unlike Boseto Mine, which collapsed in 2015 on the back of low copper prices and high operating costs, Khoemacau is benefiting from higher prices driven by the electric vehicle market and other uses, while intensive mechanisation and access to grid power are restraining operating costs.