Company profile
Craton Mining and Exploration (Pty) Ltd
Craton Mining and Exploration (Pty) Ltd is a Namibia-registered mining and exploration company that holds the exclusive development rights to the Omitiomire Copper Project, located approximately 140 kilometres northeast of Windhoek in the Otjozondjupa Region. Incorporated in December 2006 and operating on the project since 2007, Craton holds Mining Licence ML197 (valid until March 2036) and Exclusive Prospecting Licence EPL8550, together covering a 30,000-hectare licence area. The company's principal asset is a Bankable Feasibility Study-defined copper deposit with a Proven and Probable Reserve of 102.1 million tonnes at 0.51% total copper. Development plans target the production of 25,000 to 32,000 tonnes per annum of London Metal Exchange (LME) Grade A copper cathode over a 15-year mine life using open-pit mining combined with solvent-extraction and electro-winning (SX/EW) technology.
- Sector
- Mining and natural resources / Metals & Mining
- Markets
- Namibia
- Founded
- 2007
- Ownership
- Private
- Stage
- N/A
- Business model
- B2B Manufacturing
Products and services
ME Grade A Copper Cathode, Omitiomire Open-Pit Mine Development & SX/EW Copper Processing
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 15 May 2026 | Appian Capital Advisory acquires a majority stake in the Omitiomire copper project | Natural Resources | Undisclosed | Namibia |
Source: Partner Researchers.