Aussie firm plans new $260m copper mine near Gantsi

Coming up: Sandfireu00e2u20acu2122s P2.9 billion mine is due by 2023 PICS: sandfire.com.au
Coming up: Sandfireu00e2u20acu2122s P2.9 billion mine is due by 2023 PICS: sandfire.com.au

Sandfire Resources, an Australia Stock Exchange-listed group, has approved the construction of a $259 million (P2.9 billion) copper mine 80 kilometres from Gantsi, the latest such development on the Kalahari Copperbelt.

The 1,000-kilometre belt running south west to north east, is known to contain millions of tonnes of copper and silver resources, but its heavy sands and lack of grid electricity have kept development at bay over the decades.

Boseto Mine, the first major development attempted on the Kalahari Copperbelt, folded in 2015, but Khoemacau Copper Mining is on track to establish a $565 million operation by next year, producing 60,000 tonnes per annum.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

Have a Story? Send Us a tip
arrow up