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Khoemacau presses towards full output despite copper price fall

Digging deep: Khoemacau executives say the plan to ramp up production is going ahead despite a drop in prices
Digging deep: Khoemacau executives say the plan to ramp up production is going ahead despite a drop in prices

MAUN: Khoemacau Copper Mining plans to ramp up to its full production of 65,000 tonnes by the end of the year, despite a drop in the price of the base metal, BusinessWeek has established.

Having climbed sharply after Russia invades Ukraine, copper prices have been slipping and are currently estimated to have fallen about 21% since the beginning of the year.

Khoemacau Chief Financial Officer Jaco Maritz told the media on Monday that the company is currently selling its output at $8,300 per tonne, acknowledging that prices had been declining.

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Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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