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Key facts

Location:
All of the group’s assets are located near the town of Kolwezi in the southern part of the Democratic Republic of Congo. For additional information, see map.
Mines:
KOV, Kananga, Tilwezembe
Resources*:
KOV – 172 million tonnes at 5.1% copper and 0.5% cobalt
Tilwezembe – 6 million tonnes at 1.5% copper and 1.0% cobalt
Kananga – 7 million tonnes at 2.1% copper and 1.3% cobalt
Production units:
Kolwezi Concentrator
New world-class refinery (due to start production Q4 2009)
Current Products:
Copper / cobalt concentrate
Future Products:
A-grade copper cathode
High purity cobalt products
Planned production capacity:

250,000 tpa copper, 27,500 tpa cobalt
Expected investment:
$1.8 billion
Share listing:
Nikanor’s shares are listed on the London Stock Exchange’s AIM market
Ticker symbol:
NKR
Number of employees:
approximately 1,500
Country of incorporation:

Isle of Man
Date of incorporation:
26 June 2006
Nikanor / DCP office locations:

Douglas, London, Johannesburg, Lubumbashi, Kolwezi

* 100% interest held by DCP. DCP is owned 75% by GEC (Nikanor) and 25% by Gécamines

History

In the mid to late 1980s, the DRC was one of the world’s major copper producers and the world’s largest exporter of cobalt

Country profile

Asset structure

© 2007 Nikanor PLC