Reserves and Resources
Delivering Value for our Stakeholders
Consolidated Copper is committed to unlocking value across its copper and zinc mining portfolio in Namibia. The reactivation of the Tschudi, Berg Aukas, and Central Operations (Matchless and Otjihase) copper mines will contribute to the growing demand for copper, a critical material for the global transition to renewable energy.
We drive for continuous improvement, actively identifying opportunities to improve our operations, committed to optimising value creation through regular assessment of our approach and methodologies.
Data for operational reserves and resources can be accessed below.
Tschudi Mine
Tschudi has a Mineral Resource Estimate1 of 50Mt at 0.75% Cu for 374k contained Cu.
1Mineral Resources and Ore Reserves are quoted on 100% basis.
Central Operations (Matchless and Otjihase Mines)
Central Operations possesses a Mineral Resource2 of 4.5Mt at 2.25% Cu for 101.2kt. The Underground Ore Reserve is not currently recorded.
2Tschudi and Central Operations resources are JORC (2012).
Berg Aukas Mine
Berg Aukas has a Mineral Resource3 of 1.26Mt at 15.47% Zn, 3.84% Pb (Cut off 3.0% Zn eq.). The Underground Ore Reserve3 is 1.69Mt at 11.16% Zn, 2.76% Pb (Cut off 5% Zn eq.).
3Berg Aukas resource is JORC (2004) and metal content is converted to Cu Eq at 4:1 Cu:Zn price ratio.
Resources Summary (all assets)
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.
