The contract for underground mining works at Khoemacau Copper Mine in Botswana was recently signed between JCHX Botswana Mining Construction Proprietary Ltd (JCHX Botswana), a wholly-owned subsidiary of JCHX Mining, and Khoemacau Copper Mining Proprietary Ltd (KCM), marking JCHX’s footprint expansion in the African Market.
KCM, controlled by MMG, is listed on the Hong Kong Stock Exchange’s Main Board. Khoemacau Copper Mine sits on the Kalahari Copper Belt in southern Africa, with the mining license area exceeding 4,000 km2. The total contract value is approximately US$805 million, covering underground mining works at Zone 5, with a contract term of five years.
The year 2025 marks the 50th anniversary of the establishment of diplomatic relations between China and Botswana. As JCHX’s first contract mining project in Botswana, the project carries exceptional significance. The signing marks a new breakthrough and achievement for JCHX in its continuous involvement in the African market, it says demonstrating its comprehensive strengths in providing contract mining and construction services globally.
JCHX says it “will continue to integrate its superior resources, give full play to its overseas mine development, construction and management experience, and work in good faith with KCM to jointly build the project into a benchmark one in southern Africa.”