Ruashi Project
Ruashi
Country Zambia 
Status PRODUCTION 
Latitude / Longitude 11 S 38 / 27 E 34
Legends
Valorisation
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Produces Cobalt - Copper -
Develops
Explores for
Last updated on 1/6/2010 - Terms of Use
Risk and valuation analysis of the Ruashi Project
Status Risk : Production
Country Risk : Important
Title(s) of the Ruashi Project
Metorex Ltd
Owner: 80%
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Metorex Limited reached an agreement with the Government of the DRC, La Generale et des Mines [“Gecamines”], and Sentinelle Global Investments (Pty) Ltd [“Sentinelle”] to mine and treat the high grade copper/cobalt orebody at Ruashi, and the Ruashi a more...
Location of the Ruashi Project
Situated in the Katanga Province of the DRC, the Ruashi and Etoile project site is approximately 10 kilometres from Lubumbashi in the southern DRC. It is within 2 hours flying distance from Johannesburg, and 170 kilometres by road from our Chibuluma Mine in Zambia.
 
History of the Ruashi Project
The Ruashi Mine, on the fabled Copperbelt which stretches from Zambia into the Katanga Province of the DRC, started production in 1911 when owned by the Belgian company Union Minière du Haut Katanga. In 1911, copper tons produced were 997, but by the more...
 
Production history
Metal2009
COBALT (lbs)1,587,328
COPPER (lbs)22,879,573
Production Objectives
Metal20222023
COBALT (lbs)7,500,0007,500,000
COPPER (lbs)75,000,000
Location
Data last updated on : 12/31/2009
Disclaimer
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