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Kolwezi Project
Kolwezi
Country Congo Dem. Rep. of 
Province Katanga
Status PRODUCTION 
Latitude / Longitude 10 S 42 / 25 E 24
Legends
Valorisation
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Produces Cobalt - Copper -
Develops
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Risk and valuation analysis of the Kolwezi Project
Status Risk : Production
Country Risk : Important
Resource Risk : 60.00%
Title(s) of the Kolwezi Project
First Quantum Minerals Ltd.
Joint venture: 65%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
In March of 2004, a joint venture company (“KMT”) was incorporated to hold ownership of the Kolwezi Project. The shares of the joint venture company were originally owned 82.5% by Adastra through CMD with the remainder being owned by Gécamines and  more...
Location of the Kolwezi Project
The Kolwezi Project is situated within the Katanga region, which is inside the DRC portion of the Copperbelt. The project is accessed by unpaved road from Kolwezi, Kolwezi is situated approximately 320 kilometres northwest of Lubumbashi, which is the capital of the Katanga province in the DRC.
 
History of the Kolwezi Project
Tailings located at the Kolwezi Project originated from a mineral concentrator at a mine owned by the DRC’s stateowned mining company, La Générale des Carrières et des Mines (“Gécamines”), which commenced operations in 1952. The concentrator process more...
 
Reserves and resources of the Kolwezi Project
TonnageGradeReserves and resources
CobaltCopperCobaltCopper
%%lbslbs
 Measured42,316,2970.311.33 289 203 5431 240 776 493
 Mesured and Indicated42,316,2970.311.33 289 203 5431 240 776 493
 Total 42 316 297 289 203 5431 240 776 493
Definitions
Reserves and resources of the Kolwezi Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Copper1 240 776 493 1 240 776 493 1 240 776 493 lbs4 086 497 380 US$
 Cobalt 289 203 543 289 203 543 289 203 543 lbs US$
Location
Data last updated on : 8/11/2003
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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