Wednesday, June 19, 2024
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HomeCompany NewsCopper 360: Major player in the copper industry emerging in the Northern...

Copper 360: Major player in the copper industry emerging in the Northern Cape

Copper 360 presently operates its ore and historical dump processing plant in Nababeep where it produces copper cathode and concentrate and the company's acquisition of Nama Copper in early 2024 has further added to its production capacity.

The Northern Cape will be the next mineral province of South Africa and Copper 360 has invested significantly towards realising this idea. As the move towards a greener and more clean-energy conscious global economy continues to gather momentum, so too will the potential that the province holds to create opportunity for its citizens increase.

Copper 360 presently operates its ore and historical dump processing plant in Nababeep where it produces copper cathode and concentrate.

The company’s Rietberg mine will be the first in a series of mining projects, where historical mines are being revitalised and copper extracted, that will be coming into production during 2024 and 2025. In addition, the Company also acquired Nama Copper in early 2024, that has further added to its production capacity.

The Company is also investing in the people of the Northern Cape and last year it launched the School of Mining, an educational institution that will ultimately offer accredited certification and degreed courses in partnership with other mining specialist schools internationally.

Presently the School of Mining offers shorter, experiential courses in career-focused subjects like surface geology and other key skills relevant to the mining sector. The School is also in the process of rolling out a high school programme whereby learners are exposed to, and the potential shared that a career in mining could hold.

Nababeep, where Copper 360 has its facility, is near Springbok where the first formal mineral discovery in South Africa was made by Simon van der Stel in 1665. It is however known that the Khoi San tribes native to the land of the area had made the discovery of copper long before the colonisation of the Cape.

This upward trajectory holds significant promise for the Northern Cape, its people, and its economy.

The Northern Cape developed from 1935 to 1980 into one of the major copper-producing districts in Africa and the world. However, a downturn in the copper price had seen all activity in the district come to an end by 2005.

Now, nearly two decades later the world has changed. Copper’s exceptional conductivity properties and the growing role that it plays in the production of electric vehicles, for example and the generation and distribution of renewable energy has seen global demand surge. It is expected to continue growing at an exponential rate.

This upward trajectory holds significant promise for the Northern Cape, its people, and its economy.

Find out more: https://copper360.co.za/


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