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
Shame on the Police!

According to a press statement from the police, unidentified armed men attacked on duty police officers at the station in the early hours of Tuesday.During the attack, the suspects stole 14 riffles, five pistols and an undisclosed number of ammunition.Although unconfirmed, it is alleged that the suspects were just carrying knives and axes, which they used to scare the men and women in uniform before they took them hostage to help themselves to...

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