Asset report
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5 Pages

Kalumines copper mine


Kalumines copper mine

Report summary

The following notes consider a potential project to exploit the neighbouring Kasonta, Lupoto, Karu East and Niamumenda deposits by open pit mining and producing copper cathode by SxEw. Potential also exists for cobalt by-product production.

What's included?

This report includes 1 file(s)

  • Kalumines copper mine PDF - 508.45 KB 5 Pages, 2 Tables, 1 Figures

Description

This Copper Metals Mine report provides a detailed analysis of the cost profile, geology, reserves and future production for this mine, as well as a detailed location map.

Copper producers, advisors and financial companies can use this report to better understand asset value and efficiency of the operation. It will also help you benchmark against similar mines, identify acquisition opportunities and examine evolving cost structures to strengthen business strategies.

Wood Mackenzie's cost methodology is the established global industry standard, relied on by the world’s leading investment banks and mining companies to make strategic, operational and investment decisions.

Our analysts are based in the markets they analyse, working with high-quality proprietary cost databases and cost curve analyses to write consistent and reliable insights. Our database includes over 2,450 asset analyses covering more than 1,000 companies worldwide.

  • Key facts
  • Summary and key issues
    • Summary
    • The following notes consider a potential project to exploit the neighbouring Kasonta, Lupoto, Karu East and Niamumenda deposits by open pit mining and producing copper cathode by SxEw. Potential also exists for cobalt by-product production.
    • Key issues
    • In 2007 and 2008 cash flow was generated by mining high-grade ore and producing concentrates by hand sorting. A ‘fine’ concentrate (containing ~ 15% Cu) was sold to Gecamines, whilst a ‘lumpy’ concentrate (~25% Cu) is processed at various local electric arc furnace (EAF) operations, including one operated by sister company Teal Metals. Mining and hand-sorting of high-grade ore was curtailed in 2009.
    • In July 2011, feasibility study was completed and submitted to shareholders for consideration. Initial assessment of feasibility study indicated that the project was marginal. Variability drilling and test work was done, but further areas of optimisation did not achieve project value enhancements. The mining permit was extended to January 2013. In mid-2013, ARM and Vale exited their respective share in the project for proceeds of $21 million.
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Timeline

In this report there are 3 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Detailed map
  • Participation
  • Geology
  • Reserves and resources
    • Reserves and resources: Table 1
  • Timeline
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