A copper exploration and development company with a significant, highly prospective landholding in the central African copper belts. The Company has three main assets: the West Congolian Project in the DRC which includes the Mbamba Kilenda deposit; the Kayeye Project in the DRC; and the Lunga Project in Zambia; All three projects have significant high-grade resource potential.Read more
DRC: Kayeye Project
Zambia: Lunga Project
The Lunga Project is located in the Northwest Province of Zambia approximately 230 km northwest of Lusaka and comprises one large-scale exploration licence covering 292 km2.
The copper market
Copper’s conductive properties, malleability, tensile strength, slow corrosive process and durability all make the base metal a critical resource, and especially dominant in the global energy transition away from a reliance on hydrocarbons toward renewable energies and electric vehicles, equipment and infrastructure. Over the past year, the price of copper has seen a dramatic escalation, with some analysts anticipating the start of a decades-long commodities super cycle.
The DRC and Zambia have long been famed for their extensive, high-grade copper deposits, the export of which has defined the countries’ economy.