Metorex ( Pty ) Ltd
Challenges ahead Benfield said : “ It is a very high grade copper cobalt deposit . In December last year we completed the bankable feasibility study and we are going through some further optimisation studies on the back of that .
“ This will be an underground mine , but the challenge for us will be accessing the ore body , which currently is estimated to take about four and a half years to get to .
“ We are trying to work out a way of getting to it faster so that it will improve the returns and valuation of the mine , ultimately we should be in production in about five years ’ time .”
Finally , Metorex ’ s Lubembe project , which is located near to the Kinsenda mine , is a much larger deposit , but of lower grade ore .
A scoping study completed in early 2012 mining
‘ Metorex is also planning another $ 400 million investment in its Musonoi project , which lies a little further northwest near the mining town of Kolwezi ’ supplier profile
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