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MMG's Kinsevere mine. Democratic Republic of Congo – Today (20 March) marks three years since MMG acquired the world-class Kinsevere copper mine in the Katanga Province of the Democratic Republic of Congo (DRC).. The addition of Kinsevere to MMG's portfolio of base metals assets substantially increased the company's copper …
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Kinsevere produced 72,007 tonnes of copper cathode in 2020, a 6% increase on the prior year. This was a result of a return to mining at the higher-grade Central pit together with sustained plant stability, with increased throughput, recovery and ore grades all contributing. Mined ore volumes decreased by 22% compared to 2019 levels.
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In addition to extending the life of the Kinsevere mine by at least 13 years from 2022, once fully ramped up, the Kinsevere Expansion Project will bring the annual production of copper cathode up to 80 000 t and 4000 – 6000 t of cobalt in cobalt hydroxide. Construction will commence in 2022 with first cobalt production expected in 2023.
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MMG Kinsevere was hoping to produce 80,000 tonnes of copper cathodes and some 5,000 tonnes of cobalt hydroxide annually. At the time, Weiquan Xia received in Kinsevere a delegation from President Félix Tshisekedi's office, including his adviser Annie Maboya, and from Gécamines, which was represented by Justine Muganza and David …
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In addition to extending the life of the Kinsevere mine by at least 13 years from 2022, once fully ramped up, the Kinsevere Expansion Project will bring the annual production of copper cathode up to 80,000 t and 4,000-6,000 t of cobalt in cobalt hydroxide. Construction will commence in 2022 with first cobalt production expected in 2023.
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MMG acquired the Kinsevere copper mine in 2012 with the operation an excellent addition to the company's growing portfolio of base metals assets around the world. Since our acquisition of the mine, Kinsevere have gained considerable strength and we believe that there is significant additional value that can be drawn through a focus on ...
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An ongoing focus on sustainably increasing mill throughput enabled MMG Kinsevere to build on recent performance records during the third quarter. Kinsevere produced 17,177 tonnes of copper cathode during the quarter to set new quarterly and year-to-date production and sales records. Year-to-date, Kinsevere has produced 50,727 …
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The Kinsevere operation intends to mine both Sokoroshe II and Nambulwa as part of the Kinsevere Expansion Project. MMG continues to make formal requests to both Gécamines and the DRC Ministry of Mines for Gécamines to withdraw the new agreements with third parties, and to remove the armed forces and third parties from the …
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Notre objectif est d'assurer un avenir solide à notre exploitation de Kinsevere. En 2022, notre conseil d'administration a approuvé le projet d'expansion de Kinsevere (KEP) et une dépense en capital de 550 à 600 millions de dollars. La durée de vie de notre exploitation de Kinsevere sera prolongée d'au moins 13 ans.
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