Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Processing |
- Pyrometallurgical plant / circuit
- Crush & Screen plant
- Hydrometallurgical plant / circuit
- Magnetic separation
- Solvent Extraction & Electrowinning
|
| Mine Life | 10 years (as of Jan 1, 2020) |
Source:
p. 5,72
Zijin Mining Group Co., Ltd, through its subsidiary La Compagnie Minière de Musonoie Global Société par Actions Simplifiée, has 72 % of Kolwezi Copper Mine. The remaining 28% of equity interest is held by La Générale des Carrières et des Mines in the DR Congo.
Deposit Type
- Sediment-hosted
- Stratabound (SMS)
Summary:
Deposit Type: Sediment-hosted, strata-bound copper-cobalt deposit.
The copper and cobalt metallogenic belt of the DR Congo is famous all over the world.
The Kolwezi copper mine is a large-scale, resource-rich mine with high grade and abundant resources. Its mineral deposits are shallow and the the orebodies are thick with low degree of mining difficulties.
Summary:
Kolwezi mine is an open pit mine.
Processing
- Pyrometallurgical plant / circuit
- Crush & Screen plant
- Hydrometallurgical plant / circuit
- Magnetic separation
- Solvent Extraction & Electrowinning
Source:
Summary:
On December 26th, 2018, the Phase II copper and cobalt project of Kolwezi copper mine started its trial production. Later on, the company continued to optimize the flow sheet and construction organization. Within 4 months, it got through all the production processes and produced the first batch of cathode copper products, establishing a new image for the construction and operation of Zijin Mining's overseas projects, and for the company's implementation of the “One Belt and One Road” Initiative.
The Phase II project began on March 24th, adopting processing method as crushing, grinding, solvent-extraction, electrowinning, and cobalt precipitation. The designed production of Phase II is 50,000 tonnes of copper, 3,000 tonnes of cobalt.
Products:
- Sulphuric copper concentrate;
- Blister copper;
- Copper cathode.
Production:
| Commodity | Units | 2020 | 2019 | 2018 | 2017 |
|
Copper
|
t
| ...... | ...... | 53,235 | 21,940 |
|
Cobalt
|
t
| ...... | ...... | | |
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Operational Metrics:
| Metrics | 2019 | 2018 |
|
Annual processing capacity
| 2.57 Mt | 1.68 Mt |
Reserves at December 31, 2020:
Cut-off grade of 0.5% Cu, industrial grade of 1.0% Cu.
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven & Probable
|
t
|
Copper
|
4.3 %
|
274,567 t
|
|
Total Resource
|
t
|
Copper
|
4.17 %
|
1,077,522 t
|
|
Total Resource
|
t
|
Cobalt
|
0.12 %
|
130,000 t
|
Financials:
| | Units | 2020 | 2019 | 2018 | 2017 |
|
Operating Income
|
M RMB
| ...... | ...... | 1,827 |
693.3
|
|
After-tax Income
|
M RMB
| ...... | ...... | 503.8 |
170.9
|
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Corporate Filings & Presentations:
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Aerial view:
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