Mining Intelligence and News
DRC

Kolwezi Mine

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Categories

Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Copper
  • Cobalt
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotThe Kolwezi copper mine is a large-scale, resource-rich mine with high grade.

The project pioneers eco-friendly mining practices in the DRC.

Owners

SourceSource
CompanyInterestOwnership
Government of the Democratic Republic of the Congo 5 % Indirect
Gécamines S.A 28 % Indirect
Zijin Mining Group Co., Ltd 67 % Indirect
Zijin Mining Group Co., Ltd, through its subsidiary La Compagnie Minière de Musonoie Global Société par Actions Simplifiée, owns the Kolwezi Copper Mine.

In early 2024, the Zijin transferred the 5% equity interest in the Kolwezi Mine in the DR Congo to the government of the DR Congo. After the transfer, the Zijin’s equity interest changed to 67%.

The other 28% is owned by La Générale des Carrières et des Mines (Gecamines S.A.).

Deposit type

  • Sediment-hosted
  • Stratabound
  • Metamorphic

Summary:

Deposit Type: Sediment-hosted, strata-bound copper-cobalt deposit, Sedimento-metamorphic and transformation.

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.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnits20242023202220212020201920182017
Copper t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe84,286 53,235 21,940 
Cobalt t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe708 
^ Guidance / Forecast.

Operational metrics

Metrics2022202120192018
Annual production capacity  ....  Subscribe
Annual production capacity  ....  Subscribe  ....  Subscribe
Annual processing capacity  ....  Subscribe  ....  Subscribe2.57 Mt1.68 Mt

Production Costs

Commodity production costs have not been reported.

Financials

Units2023202220212020201920182017
Operating Income M RMB  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 3,016   1,827   693.3  
After-tax Income M RMB  ....  Subscribe  ....  Subscribe  ....  Subscribe 454.6   503.8   170.9  
Operating Cash Flow M RMB  ....  Subscribe  ....  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jun 5, 2024
....................... Subscription required ....................... Subscription required Subscription required Jun 5, 2024

EmployeesYear
...... Subscription required 2020
...... Subscription required 2018
...... Subscription required 2017

Aerial view:

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