Project overview
About this development
The large-scale project involves the rehabilitation of the KOV openpits, one of the largest high-grade copper deposits in the world. One of the biggest tasks of the KOV rehabilitation will be the pumping of 12 million cubic metres of water in the pits. The company will also construct a state-of-the-art refinery that will be capable of processing 265 000 t/y of copper and will be one of the largest of its kind in the world. The company has revised the capital cost estimate for the entire project to $1,6 billion, from $1,3 billion.
Project at a glance
Kamoto-Virgule Oliveira (KOV) copper cobalt mine - DRC is located in Democratic Republic of the Congo (DRC). The project is classified in the Private sector. Its current recorded stage is Complete. The recorded project value is R 200 Million+.