Victoria (Canada)

Victoria (Canada) The second of the Canadian projects, an extension of the resource base, is the construction of the Victoria underground copper and nickel mine. In 2014, work was carried out involving levelling land to build the surface infrastructure as well as continuation of activities connected with drilling an adit leading to the mine shaft. Work also continued on preparing the Integrated Development Study for the Victoria project, being the equivalent of a Feasibility Study.

KGHM Cuprum and PeBeKa are engaged in work connected with developing the project’s technical aspects, while also supervising the process of shaft sinking.


Financial capital
  • Currently, design work is being carried out. Once completed we will be able to publish an estimate of expenditures
  • Decreasing the average weighted cost of copper production (C1) in the KGHM Group
Productive capital
  • Preparation work connected with shaft sinking
  • Levelling land for surface infrastructure
  • Preparation for construction of the waste rock storage facility
  • Average planned annual production ~16 kt Ni, ~15 kt Cu, and ~150 k oz TPM (Au, Pt, and Pd)
Social capital
  • Building relations with the First Nations
  • Signing of an agreement with First Nations in Ontario-Atikameksheng and Sagamok
Natural capital
  • Monitoring of environmental impact throughout the project’s development and production cycle
  • Waste management – water treatment and storage