Khoemacau looks to soar on strong copper prices

Ramping up: A truck being loaded at Khoemacau PIC: KHOEMACAU.COM
Ramping up: A truck being loaded at Khoemacau PIC: KHOEMACAU.COM

Budding copper producer, Khoemacau Copper Mining is riding on the surge in prices of the base metal to ramp up its output to full design capacity and finalise an expansion project that will double production at its mine on the Kalahari Copperbelt.

Built at $412 million (P5 billion), Khoemacau Copper Silver Mine is currently the country’s sole producer of the base metal, as efforts are ongoing to resuscitate the BCL Mines and the Mowana operation, now known as Kopano Copper Mine. Khoemacau produced its first copper-silver concentrate in July last year and in February, officials said production rates were at about 40% of the nameplate 65,000 tonnes and two million ounces of copper concentrate per annum.

With copper prices having risen by about 125% since March 2020, driven by resilient Chinese demand and slowing global production, Khoemacau Copper Mining CEO Johan Ferreira said the emerging mine was looking to ride the wave.

Editor's Comment
Our queen: Bring home the crown

Well-wishers gathered at the Sir Seretse Khama International Airport to bid our queen farewell and wish her success as she joins other beauties from around the globe for the coveted crown. Competing in such events is nerve-wracking, and one needs to be fully prepared to stand a chance of making it as a finalist.It is not just about physical fitness; mental state matters too. Unfortunately, sometimes our queens end up facing such fierce...

Have a Story? Send Us a tip
arrow up