DRA Global (“DRA”) has been awarded the contract for Basic Engineering services on the Kakula Mine portion of the greater Kamoa-Kakula Project. The Kamoa-Kakula deposit is the world’s largest high grade, copper-only deposit, located in the Democratic Republic of Congo.
Kamoa Copper SA, a joint venture between Ivanhoe Mines, Zijin Mining Group Co, Ltd. and the Government of the Democratic Republic of Congo, will develop the new Copper Mine which will yield an estimated 6 Mtpa in its first phase alone. The Kakula deposit has been independently ranked as the world’s largest, undeveloped, high yield, high-grade copper discovery. Kakula resource is estimated at 174 million tons at a grade of 5.62% copper.