Khoemacau to spend P2bn on new copper mine

Sam Ramsmussen Pic Kabo Mpaetona
Sam Ramsmussen Pic Kabo Mpaetona

Mining company, Khoemacau says it will spend $200 million (P2 billion) to bring its new copper and silver mine at Somelo in the northwest region to production.

The construction of the mine is set to start in 2016 with the first copper shipment to the markets expected in 2018.

Addressing the media in Gaborone yesterday, Cupric Africa Chief Executive Officer, Sam Rasmussen said the mine will produce 50,000 tonnes of copper and 1.8 million ounces of silver per annum.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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