Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Production Start | ...  |
Mine Life | 24 years (as of Jan 1, 2021) |
The operation was suspended in 2015, and restarted again in 2017. By the end of 2018, the mine had once again been suspended pending resolution of funding issues.
Mowana Mine has changed the business name from Mowana to Kopano Mine, however the mining licence remains unchanged under Leboam Holdings (Pty) Ltd. |
Source:
p. 1
Company | Interest | Ownership |
ZCI Ltd.
|
40 %
|
Indirect
|
Max Power Limited
|
60 %
|
Indirect
|
Leboam Holdings (Pty) Ltd (in judicial management) (“Leboam”) is a mining entity that operates Mowana Copper Mine (“Mowana Mine”) situated at Dukwi, in the North-East of Botswana. Leboam has been in judicial management since December 2018.
Cradle Arc Plc (“the Company”) was the 100% shareholder of Cradle Arc Investments PTY Limited (“CAI”). CAI is the parent company of Leboam Holdings (Pty) Ltd., the owner of the Mowana mine.
During the course of the Liquidation, the Joint Liquidators were contracted by a party interested in acquiring the Company’s shareholding in CAI. The Joint Liquidators completed a sale of the Company’s shareholding in CAI to Max Power Limited (MPL), unconnected party, on 5 October 2020 for 50,000 US Dollars.
Following its acquisition of the CAI shares, MPL contacted the JM and with the support of LHL’s key stakeholders proposed a new Scheme of Arrangement. The Scheme of Arrangement was approved by the High Court of Botswana on 9 December 2021.
Contractors
- Subscription is required.
Deposit Type
- Breccia pipe / Stockwork
- Vein / narrow vein
- Epithermal
Summary:
The Mowana Copper Project is hosted within north-northeast striking, steeply east dipping carbonaceous and argillaceous metasediments of the Matsitama Metasedimentary Group which are enclosed within foliated granitoids of the Mosetse Complex.
Hypogene sulphide mineralisation occurs within sub-vertical epithermal quartz-calcite vein breccias containing predominantly chalcopyrite + pyrite ± galena and sphalerite mineralisation. Hypogene mineralisation is capped by secondary oxide and supergene copper enrichment up to depths of approximately 50m and 150m below surface respectively. This in turn is overlain by Phanerozoic Karoo Supergroup siltstones, conglomerates and local tillite over the north and west areas of the deposit with depths varying from 1 to 90m. Regolith cover over the southern extent of the deposit generally consists of shallow (1 - 3m) clay rich black soils.
The metasediments hosting the deposit occur parallel to and within the northern extent of the 200km long north-northeast trending regional Bushman lineament exhibiting thicknesses variable between 200 to 400m mostly due to large scale pinch and swell amplitudes of up to 600m. However, the contact between the footwall sediments and the western granitoid has not been intersected in any of the historical or recent drilling.
Four deformation periods have been interpreted within the project area, the strongest and most significant with regards to veining and mineralisation being th ........

Summary:
The production rate of the Mowana Mine is planned at 1.2Mtpa.
Source:

- subscription is required.
Flow Sheet:
Summary:

- subscription is required.
Production:
Commodity | Product | Units | 2014 |
Copper
|
Metal in concentrate
|
t
| 9,951 * |
Copper
|
Concentrate
|
kt
| 43* |
Silver
|
Metal in concentrate
|
oz
| ...... * |
Operational Metrics:
Metrics | 2023 |
Annual milling capacity
| |
Tonnes processed
| |
- Subscription is required.
Reserves at February 26, 2018:
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
12,435 kt
|
Copper
|
1.27 %
|
157.7 kt
|
Probable
|
19,374 kt
|
Copper
|
1.1 %
|
213.1 kt
|
Proven & Probable
|
31,809 kt
|
Copper
|
1.17 %
|
370.8 kt
|
Measured
|
15,076 kt
|
Copper
|
1.32 %
|
199 kt
|
Indicated
|
39,646 kt
|
Copper
|
1.11 %
|
441 kt
|
Measured & Indicated
|
54,722 kt
|
Copper
|
1.17 %
|
640 kt
|
Inferred
|
20,307 kt
|
Copper
|
1.08 %
|
220 kt
|
Source:
Corporate Filings & Presentations:
- Subscription is required.
- Subscription is required.