Development of Qhoree copper mine on track

Friday, June 17, 2016

Khoemacau Mining Company says it is on track to start construction of its copper and silver mine near Maun in 2017 with over 100 people already working on the site. The mine, which was previously just known as the Zone 5 project, has been named Qhoree by the company.

In an interview with BusinessWeek, Cupric Africa chief executive officer, Sam Rasmussen said they estimate to spend about $350 million (P3.7 billion) to build the underground copper and silver mine and start mining with the first concentrate expected to be sold in 2019.

Cupric Africa is the parent company to Khoemacau.

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