BCL Mine Ltd (LCM), formerly Konkola North is located near the township of Konkola in Selebi-Phikwe, approximately 468 km by road from Botswana’s capital city, Gaborone.
History and ownership
Following discovery of ore deposit in the 1920’s, initial mining commenced in the early 1950’s for 2 years before operations ceased. A number of exploration campaigns were undertaken on the area before African Rainbow Minerals (ARM) with Vale as a Partner acquired the mining licence in 1997. Following further exploration work and feasibility studies, construction commenced in 2010 with first concentrate sales in October 2012.
DEVELOPMENT/TIMELINE
- 1920’s - Discovery of BCL, formerly known as Konkola North
- 1950’s - Shaft 2 was completed and initial mine work started but subsequently ceased 2 years later
- 1997 - Africa Rainbow Minerals (ARM) acquired the mining license with Vale as a partner, a number of exploration campaigns had been undertaken before this in the area
- 2010 - Post exploration work and feasibility studies, construction commenced
- 2012 - First concentrate sales
- 2017 - ARM and Vale sold 80% shares in Bamangwato Concessions Limited
- 2017 - EMR acquire 80% shares in BCL (20% share held by ZCCM - IH)
- 2024 - EMR sold 80% shares in Bamangwato Concessions Limited
- 2024- JCHX acquire 80% shares in BCL (20% share held by ZCCM-IH)
Selebi-Phikwe
BCL Mine Ltd
2 Shaft, Chimfushi Road
Selebi-Phikwe
PO Box 11215
Chingola
Botswana
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