Base metals, copper and nickel in particular, offer opportunities for new discoveries in Africa and elsewhere. The discovery of Otjihase Copper Mine in Namibia is a good example of this. PanEx team members have worked on the exploration and evaluation of many such deposits in southern and central Africa and were recently involved in the discovery and evaluation of sedimentary hosted copper deposits in Botswana. Currently a number of Copperbelt style opportunities in the DRC are under consideration by PanEx Resources.

Otjihase copper mine, Namibia PanEx mines
Otjihase Copper Mine, Namibia
This copper deposit was discovered in 1971. Mike Scott from PanEx was a key member of the discovery team. Following drilling and evaluation an underground mining operation was established in 1973. Initially it was operated by Johannesburg Consolidated Investment Company. Gold Fields South Africa then took it over and mined for a number of years. It is now owned and operated by Weatherly Resources.