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To: austrieconomist who wrote (11609)	4/10/2004 8:21:42 AM
From: russwinter	Respond to of 110194

I'm aware of that project. I suppose it could get done in some manner, but very high risk. The mine would be come a target for the thugs and band of thieves (rebels) that operate in the region. You'd need an army to protect it, and that's not practical for the kind of investment required. What do you think?

To: austrieconomist who wrote (11609)	4/10/2004 12:30:25 PM
From: Haim R. Branisteanu	Respond to of 110194

tenke.com The deposits are located within two concessions totalling 1,437 square kilometres in Katanga Province, Democratic Republic of Congo (“DRC”) at approximately latitude 10°S and longitude 26°E. They are 175 kilometres northwest of Lubumbashi, the provincial capital and administrative centre, and second largest city of the country. The concessions contain extensive high-grade mineral resources that potentially exceed the present global mineral resource estimate of 547 million tonnes with a grade of 3.5% copper and 0.27% cobalt as they still remain extensively under-explored. The draft feasibility study, prepared by Kilborn SNC Lavalin, contemplates an open pit mining operation with initial processing facilities designed to produce 100,000 tpa of copper cathode and 8,000 tpa of cobalt cathode with significant expansion in future years. The draft feasibility study schedules 85 million tonnes of oxide ore mill feed at an average acid-soluble grade of 3.19% copper and 0.29% cobalt over the initial 15 year mine life. The first five years have an acid-soluble copper grade in excess of 4%. There are extensive resources on the concessions that are not included in the mine plans contained in the feasibility study as well as many untested target zones.