Featured Project: Kamoa-Kakula Project – DRC

 

Description

The Kamoa-Kakula Copper Project has been independently ranked as the world’s largest, undeveloped, high-grade copper discovery by international mining consultant Wood Mackenzie in the Democratic Republic of Congo. It is a very large, near-surface, stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometres west of the town of Kolwezi and about 270 kilometres west of the provincial capital of Lubumbashi. The prefeasibility study has indicated annual mine production of 3 Mtpa at an average grade of 3.86% copper over a 24-year mine life, resulting in annual copper production of approximately 100,000 tonnes. Initial capital cost, including contingency, is US$1.2 billion.

 

Status	Region
Underway	Democratic Republic of the Congo (DRC)
Category	Value
Infrastructure	R 100 million+
Industry	Timing
Mining	2019 onwards.
Sector	Class
Private	Invited / Negotiated

 

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