Maun Copper Project Costs Rise To P1 Billion

With resources of 60.4 million tonnes of copper, DML plans to open Botswana's largest copper mine in 2012, producing 25 000 tonnes of the base metal annually. The Maun-based project will also pump out 700 000 ounces of silver annually.

Last week preliminary findings from the ongoing Bankable Feasibility Study (BFS), showed that capital costs for Boseto have increased from the US$131 million (P895 million) estimated last year, on the need for additional contingency for price changes related to capital components.