Consolidating copper mines

Consolidated Copper Corp (CCC) is a privately owned copper exploration and mining company based in Namibia. The organisation is owned by a group of seasoned mining investors with over 100 years of combined experience in the industry.CCC focuses on copper production at the operational Tschudi mine, with ongoing projects at Matchless and Otjihase.Specifically, CCC owns the Tschudi, Matchless, and Otjihase copper mines, as well as the Berg Aukas zinc mine in Namibia.The Tschudi mine is currently operational and producing copper cathode.The Matchless and Otjihase mines are in the process of being restarted, with due diligence and drilling underway to assess and expand resources, the company said recently.Berg Aukas is a development asset currently under care and maintenance, and CCC is investing in extensive pre-feasibility research to determine the most suitable and value-adding course of action for future restart activities, it added.Strong marketThe copper market remains strong, driven by global demand from sectors such as electric vehicles and renewable energy, according to CCC.“As the energy transition accelerates, with the rise of electric vehicles and the expansion of renewable energy, copper is in higher demand than ever. It is a critical component for technologies like solar panels, wind turbines, and electric vehicle batteries,” the company explained.Copper prices are forecast to increase by 5% in 2025, reflecting positive market prospects despite potential short-term fluctuations.“While prices may shift, the overall demand is expected to continue rising,” the company said.“Copper’s role in the global clean energy transition is clear, and Africa, with its vast resources, is a key player. Countries like Namibia are already scaling up production, but to unlock the long-term value of African copper, sustained international investment and strong local policies will be essential,” CCC said.Jobs for NamibiansAs of May 2025, 148 Namibians are employed by Consolidated Copper. Employment prospects will depend on the results of ongoing projects, particularly the Tschudi drilling and Matchless resource definition. As these projects progress, CCC expects to adjust its workforce needs accordingly.In 2025, CCC will be focused on drilling across all its sites to expand copper resources. The goal is to move towards a bankable feasibility study that will support the restart and refinancing of the Matchless and Otjihase mines.“At Tschudi, we’re also ready to implement dewatering plans that prioritise environmentally responsible water management. We’re exploring ways to use this water for agricultural irrigation, further contributing to sustainable practices,” CCC said in response to an enquiry.

Consolidating copper mines

Kommentaar

Republikein 2025-08-05

Meld asseblief aan om kommentaar te lewer

Consolidating copper mines

Kommentaar

Republikein 2025-08-05

Meld asseblief aan om kommentaar te lewer

MELD AAN

Advertensie