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Reserves & resources

Group reserves and resources (A, B) (as of September 2007)
 OreGrade (%)Contained Metal
 (Mt)Cu CoCuCo
Mineral reserves:     
Probable      
   KOV 1404.830.476.757 0.658
Total reserves 1404.83 0.476.757 0.658
Mineral resources:      
Indicated       
   KOV1725.10 0.49 8.755 0.843
Inferred      
   Kananga 41.440.74 0.0580.030
   Tilwezembe13.11.59 0.65 0.2080.085
Total resources 1894.770.51 9.021 0.958
A.
100% interest held by DCP. DCP is owned 75% by GEC (Nikanor) and 25% by Gécamines.
B.
Reserves and resources are reported in accordance with the South African Code for Reporting of Mineral Resources, (SAMREC Code) and the Australasian Joint Ore Reserves Committee Code (JORC Code).

Annual Report

Annual Report 2006 Annual report 2006
(PDF – 3.7MB)

Products

The Group currently produces copper/cobalt concentrate which is sold to third parties for further refinement. When the new refinery is operational, the Group will become one of the largest cobalt producers in the world.

© 2007 Nikanor PLC