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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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