Risk and valuation analysis of the Nkamouna Project |
Status Risk : Mine development |
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Title(s) of the Nkamouna Project |
| Geovic Mining Corp. Owner: 60.5% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Geovic Mining Corp (GMC) owns 60.0% of GeoCam and controls operations. The National Investment Company of Cameroon, www.sni.cm, controls 39.5%, owning 20%, and 0.5% is held by GMC President William A. Buckovic. |
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Location of the Nkamouna Project |
The Nkamouna project is located in southeastern Cameroon, approximately 640 road
kilometers east of the port city of Douala and 400 road kilometers east of the capitol of Yaounde.
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Geology of the Nkamouna Project |
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The FS processing rate of 2,000 tonnes per day (tpd) represents a 33% increase from the earlier prefeasibility study (PFS) processing rate of 1,500 tpd. Per the FS, GeoCam plans to produce approximately 4,100 tonnes per year (tpy) cobalt and 3,200 t more...
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Production Objectives |
Metal | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
COBALT (lbs) | 8,400,000 | 8,400,000 | 8,400,000 | 8,400,000 | 8,400,000 | 8,400,000 | 8,400,000 |
NICKEL (lbs) | 4,200,000 | 4,200,000 | 4,200,000 | 4,200,000 | 4,200,000 | 4,200,000 | 4,200,000 |
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