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African Copperbelt: mining research trip

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10 March 2015

African Copperbelt: mining research trip

Report summary

Despite the Zambian and Congolese copper deposits forming in similar environments, significant differences exist in their costs of extraction: we forecast the C1 cost difference between these countries at 43 c/lb in 2015, and widening to approximately 50 c/lb by 2020. We have just returned from a number of mine site visits in the DRC and Zambia and share some initial thoughts on themes affecting the cost structure of the Copperbelt.

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