Barminco awarded Botswana Khoemacau Copper Mining contract
Barminco has been awarded a 5-year underground mining services contract with Khoemacau Copper Mining at the Zone 5 copper mine in Botswana worth approximately A$800 million.
Khoemacau’s Zone 5 operation is a new, large and long-life mine development project located in the highly-prospective Kalahari copper belt in Botswana. Commencing in December 2019, the contract scope includes mine development, underground mine infrastructure establishment, diamond drilling and mine production at an initial rate of 3.6 million tonnes per annum.
Barminco’s Chief Executive Officer, Paul Muller said “as well as safety, quality and productivity outcomes, our success at Zone 5 will be measured by our ability to create high quality citizen employment opportunities in the Botswana through our training and skills transfer programs and deploying leading underground mining technologies. We are excited about the unique opportunity we have at Zone 5 to make a real difference and we look forward to sharing future updates on this ground-breaking project.”
At peak operations in the current scope, the mine will employ more than 500 people including approximately 400 high-quality roles for Botswana citizens.
Read the full ASX announcement here: Barminco awarded Botswana Khoemacau Copper Mining contract