Low production cost Gold Au $583/oz - NO DEBT -ĭd. "The results should allow us to confirm and further refine our model of Nama's geology and copper resources potential."Ĭaledonia has sufficient cash to complete the 2012 exploration programme and intends to manage its cash resources so that it can undertake further work at Nama without raising new equity.Īt 10:00am: (LON:CMCL) share price was +0.25p at 7.75pĬALVF major shareholder Sheldon Inwentash, Bought another 50,000 sharesįor himself yesterday after the NAMA N/R -Ĭaledonia Mining's Blanket Gold Mine producing "The 2012 exploration programme will commence as soon as the rains and ground condition allow during the second quarter. It says this zone of mineralisation occurs at relatively shallow depth relative to the depth of the ore shale in the area and possibly extends to surface.Ĭhief executive and president Stefan Hayden said: "A sufficiently large, near-surface resource depth may therefore provide the basis for a future open-pit mining operation. Chambishi Metals, the Group’s cobalt and copper refinery in Zambia, is an LME-registered cobalt metal and copper cathode producer. It said the latest drilling results differed markedly in mineralisation style to other properties in the region in that the zone.
Konkola Copper Mines KCM's Nchanga Open-Pit Cut II operations.Ĭaledonia reveals exciting new aspect at Nama project -Ĭaledonia Mining has revealed a new and very exciting aspect to the Nama copper/cobalt project in Zambia. In addition to cobalt alloy, the Company produces cobalt.Ĭobalt concentrate is derived from cobalt ore that is mined at This cobalt, which is produced in the form of a copper-cobaltĪlloy, is marketed to cobalt processing plants. KCM Konkola Copper Mines is able to recover cobalt in copper With the commissioning of KCM's new Nchanga smelter, "KBC" from its TLP at Nchanga and is in the process of Konkola Copper Mines KCM also produces a Kabundi copper Registered as "REC" ("A" Grade) on the London Metal Exchange These cathodes meet international quality standards and are Produced from the Nkana refinery have a purity level of
Registration.KCM's copper cathodes from the Nchanga smelter and Plant tank houses in Chingola, undergoing LME The KBC product is a Grade A product from the Tailings Leach The copper cathode - REC brand is a Grade A from the refineryĪt Nkana and is listed on the London Metal Exchange. Has inaugurated a new US$100 million concentrator at its
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