Motheo is an operating open-pit copper complex centred on T3 and A4, with a central crushing, grinding and flotation plant and an operating plan assuming 5.6Mtpa throughput. The A1 PFS was completed during H1 CY26 and supports a planned satellite open pit supplying ore by road to the T3 ROM pad and existing processing facility. A1 remains subject to the full ESIA, environmental and social management plan, statutory permits, tenure and land-access arrangements before development. Its revised Scoping Report and Terms of Reference were approved on March 11, 2026, allowing the detailed environmental assessment to proceed. PL190/2008 is valid until September 30, 2026, with renewal planned before expiry. Strata Investment Holdings’ US$2 million capped T3 net smelter royalty has been exhausted and is no longer payable; its uncapped 2% NSR covers A4 and A1. Land access and potential effects on farms and farmworker households require continued engagement and, where required, compensation, resettlement and livelihood restoration planning. A1 testwork supports use of the Motheo flowsheet, with acid-soluble copper variability reflected in recovery assumptions.
- Country
- Botswana
- Commodity
- Cu
- Stage
- Production