The miner maintained its 2024 full-year production guidance for Kamoa-Kakula between 440,000 tonnes and 490,000 tonnes of copper in concentrate.
Kamoa-Kakula’s Phase 1 and 2 concentrators processed about 2.06 million tonnes of ore during the first quarter, with an average feed grade of 4.8% copper. The copper flotation recoveries for the quarter averaged 87.4%, surpassing the Phase 1 and 2 concentrator design recovery rate of 86%.
The Phase 3 concentrator, ahead of schedule, is expected to be completed next month. By the end of the quarter, there were 2.05-million tonnes of stockpiled ore for the Phase 3 concentrator, with an average grade of 3.1% copper.
The company said that Kamoa Copper is actively working with the Democratic Republic of Congo’s State-owned power company, La Société Nationale d’Electricité (SNEL), to tackle the underlying issues causing instability in the southern DRC’s grid infrastructure since late…
