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Related News

  • Ravensthorpe extension on the cards 2016-09-16
    First Quantum Minerals has applied for approval to extend the life of the Ravensthorpe nickel mine
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    ASX-listed African Energy Resources (AFR) is looking to update its mining study to meet the requirements of fuel delivery for a 450 MW integrated coal and power project, up from the 300 MW it had initially planned for its Botswana-based Sese project. The update forms part of the work programmes AFR will embark on, following a A$3-million commitment from its joint venture (JV) partner, Canada’s First Quantum Minerals.
  • First Quantum Announces Completion of the Sale of Kevitsa 2016-06-01

    TORONTO, ONTARIO--(Marketwired - June 1, 2016) -

  • ASX: Ilo Copper Projects update, Peru 2016-05-26
  • Glencore to invest $1.1bn in three new shafts in Zambia 2016-03-30
    Glencore plans to invest over $1.1-billion in Zambia to sink three shafts with new technology that will extend mine life by over 25 years, its local unit said on Wednesday. "We firmly believe that we shall be able to overcome the challenges that we face today as a company and become profitable and operationally-efficient," Mopani Copper Mines (MCM) said in a statement.

Gcwihaba Information

  • General 2015-05-10
    First Quantum Minerals has optioned the project and will earn up to 70%. The agreement allows FQM to take an interest in all minerals other than iron ore.

Nearby Locations

Nearby Location News

  • 100Mt-plus copper resource defined at Botswana copper, silver play 2015-11-24
    A recent drilling campaign on the Zone 5 deposit at Cupric Canyon Capital subsidiary Khoemacau Copper Mining, in Botswana, has defined a 100-million-ton high-grade copper and silver ore resource, the company said on Tuesday. “This most recent drilling and feasibility work has established Zone 5 as one of the most attractive new copper projects in the world,” commented chairperson Timothy Snider.
  • Cupric Canyon Capital Updates Resource and Feasibility Results 2015-11-19

    SCOTTSDALE, AZ--(Marketwired - November 19, 2015) - Cupric Canyon Capital ("Cupric") is pleased to announce that its wholly owned subsidiary, Khoemacau Copper Mining Pty. Limited ("KCM"), has completed the current phase of drilling on its Zone 5 deposit and has updated feasibility work for its assets in Botswana.

    Timothy Snider, Cupric's Chairman, said, "This most recent drilling and feasibility work has established Zone 5 as one of the most attractive new copper projects in the world. The resource that we have defined so far contains approximately 100 million tonnes of high grade copper/silver ore. Favorable geology and metallurgy, combined with both our recent acquisition of the nearby fully functional Boseto mill and a competent and supportive government, provide a clear path to begin production with very favorable capital intensity in 2018. We are also very excited about the numerous additional exploration targets we have identified on our expansive land position."

  • Cupric Canyon seeks $350m to develop Botswana mine 2015-11-06
    Cupric Canyon Capital, a private equity firm backed by the former Natural Resource Investments unit of Barclays, said it would approach the market to raise up to $350-million, in order to bring its Khoemacau copper and silver mine in northwest Botswana into production. The construction of the mine in the Kalahari Copper Belt is set to start in late 2016 with the first copper shipment to markets expected in 2018.
  • Cupric to spend $200m to build Botswana copper mine 2015-07-07
    Cupric Canyon Capital, a private equity firm backed by a unit of Barclays Plc, will spend $200-million to bring its copper-silver mine in Botswana to production, the company said on Tuesday. Construction of the mine, which will be built by Cupric's Botswana unit Khoemacau, is set to start in 2016 with the first copper expected to be shipped to the markets in 2018.
  • Creditors accept offer for liquidated Botswana copper mine 2015-06-19
    The offer of compromise for the acquisition of the provisionally liquidated Boseto copper operation in northwest Botswana has been accepted by creditors. The offer for Discovery Copper Botswana, the owner of Boseto, was made by Botswana’s Cupric Canyon Capital, whose subisidiary Khoemacau Copper Mining has been in dialogue with its stricken neighbour as a potential acquirer for the last two years.

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