Tschudi
The Tschudi Copper Mine is an open pit heap leach SX/EW operation, built in 2015 with the production capacity of 17ktpa Copper cathode. Tschudi has been the Company’s primary focus since acquiring its Namibian mining assets, due to the size of its contained copper resource and status of existing infrastructure.
Central Operations
Central Operations is comprised of two underground mines, Matchless and Otjihase. With a combined production history in excess of 30 years and functional existing processing infrastructure, CCC has identified strategies and opportunities to add value, by undertaking high-probability exploration, increasing recovery and minimising dilution through development of new ore blocks and optimised mining methods.
Berg Aukas
Berg Aukas is an underground, high-grade zinc mine in its first phase of the restart process. With a targeted 10-year mine life, access to existing infrastructure, unexploited upside potential (including minimal exploration within immediate vicinity) and the deposit open down plunge, the company is working towards defining marketing and exploration opportunities for Berg Aukas in Q2 2024.
Our Strategy/Why Invest in Consolidated Copper Corp
Consolidated Copper Corp has designed a specific approach towards mine restart activities, which ultimately serves to increase the net asset value (“NAV”) whilst mitigating the level of risk undertaken to maintain a level of security in operations.
In brief, this approach is modelled on a risk vs. return basis and is comprised of three main phases.
Consolidated Copper Corp has designed a specific approach towards mine restart activities, which ultimately serves to increase the net asset value (“NAV”) whilst mitigating the level of risk undertaken to maintain a level of security in operations.
In brief, this approach is modelled on a risk vs. return basis and is comprised of three main phases.
Phase A: Identify and Mitigate Risks
Our view on the identification and mitigation of risk is assessed by what we can do in the realm of low capital intensity that will make the most difference at the outset. Performing our own legal and financial due diligence, as well as undertaking both a technical and ESG centric review positions us to deliver on our aims for a sustainable and optimised operation.
Phase B: Value Engineering
Once the fundamental risks facing an asset have been addressed and a baseline for operations is re-established, Consolidated Copper Corp seeks to then devise a pathway forward that will promise the highest return on capital upon implementation.
This involves making informed decisions about the shortfalls of existing infrastructure, as well as conducting our own test work to paint a comprehensive picture and solidify our knowledge of the asset, including (but not limited to), mining studies, geological remodelling, extension drilling, metallurgical test work and hydrological reviews.
Phase C: Project Execution
At the pointy end of the approach comes project execution. Bankable studies are conducted, funding routes are laid and sought out and EPCM contracts are executed to get the asset back into production. This final phase is value generative once completed, but capital intensive to initiate.
Tschudi has been the Company’s primary focus since acquiring its Namibian mining assets due to the size of its contained copper resource and status of existing infrastructure. The Company intends to replicate the above approach at Central Operations and Berg Aukas, with restart capex to be supplemented using cash flow from Tschudi.
Additional M&A based growth options are also being actively pursued in tandem to our current works, providing certainty in ongoing value creation.