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Kalozoweni Copper Mine Limited

Company Description

Kalozoweni Copper Mines is in partnership with Societe Minieres de Tanganyika and also in conjunction with Likasi Co-Operative which is the leading minerals producer in the Democratic Republic of Congo (DRC) in central Africa, with a strong production profile, a proven development record and experienced management.The Company currently produces copper Cathode, Gold, Tantalite, Uncut Diamond, Zinc, Uranium and silver concentrate from the high-grade Dikulushi mine and copper and gold concentrates from the Kulu copper tailings retreatment operation and the new Kinsevere mine, which was commissioned mid-2007. In addition, the Company is currently expanding Kinsevere with the construction of a 60,000 tonnes of copper per annum SX-EX copper processing plant at an estimated capital expenditure of $380 million in order to undertake more downstream processing and add value to the Company's products.

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