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Lubambe Copper Mine has discovered a new ore body, containing 2-hundred and 35 metric tonnes of copper and cobalt, which is expected to extend the Chililabombwe based mines lifespan to 30 years.
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Company Chief Executive Officer, Nick Bowen says the new ore deposits will need an injection of 10-billion United States dollars, before it can be exploited.
Mr. Bowen says the ore body has been discovered 6 kilometers south of the existing mine and it is projected to produce 90 thousand tonnes of copper a year.
Speaking when Mines Minister, Richard Musukwa visited the mine, Mr. Bowen said with further expansion, the mine can increase production to 1-hundred and 60 thousand tonnes.
He revealed that approvals for the new project will take two years before the new mine can start operating.
And Mr. Musukwa has described the discovery of the ore body as the future of copper mining in Zambia.
Mr. Musukwa, who is also Chililabombwe Member of Parliament, has said the discovery of such a large quantity of copper and Cobalt is an assurance of continued jobs and collection of taxes by authorities.
The Minister has revealed that in phase one, the mine is likely to employ about one thousand five hundred people.
This doe not make sense. If the discovery is 235Tonnes of Copper, investing 10B in excavating it will mean a cost of production of 42.5M per tonne. And how does 235Tonnes yield 90,000tonnes of copper a year, for 30 years Gentlemen Please take care of the numbers and report properly. tabenangu tinapasa ma Samu.
They are exam leak reporters. No analysis of information before putting it out to the public.
A Chinese company has embarked on the construction of a manganese smelting plant at the total cost of 15 million United States dollars in Kapiri Mposhi district, in Central Province.
Sep 30, 2020nbsp018332C opper miners in Zambia have halted 2 billion of planned investments because a royalty tax introduced last year makes the projects unviable, according to an industry lobby group.. A plan by First Quantum Minerals Ltd. to invest 1 billion extending the life of its Kansanshi operation wont proceed until the royalty is scrapped, said Sokwani Chilembo, chief executive officer of the Zambia.
Hu-Cheng Mining LTD Production Director Yan Li says the plant will be the largest manganese smelter in the country.
Mr Li told ZANIS in an interview that the smelter will have capacity to process 40, 000 tonnes of manganese, which will produce steel alloy plates, to be used in the manufacturing of iron related products such as iron sheets and machinery.
Location Zambia Company Zamsort Limited License Details Small-Scale Mining License 8248-HQ-SML 3.98 km 2 and Small-Scale Exploration License 23243-Q-SEL 4.05 km 2 Interest 66 Resource Non-Code Compliant Resource of copper and cobalt ore in the Ground 16.59 million tonnes Stage Development Next Step Arc Minerals has commenced a 11,000 metres drilling programme to.
Romba Investments Ltd involved in selling good quality manganese ore, and iron ore of good grades, being mined in Zambia.
He noted that the company will be procuring manganese ore from local small scale manganese miners, in Kapiri Mposhi, Mkushi and Serenje districts.
COPPER EXPORTER ZAMBIA LTD COPPER CATHODE AVAILABLE FOR SALES Njanso Corporate Services copper cathodes, blisters, manganese ore, copper ingots and other metals MAYPORTION ENTERPRISES ZINC ORE 25TO 30,COPPER CATHODES,MANGANESE ORE FROM 40 ampUP,IRON ORE,TANTALITE ccp investments limited Metal Commodites, Electronics, Tourism.
Small scale miners will have no challenge to supply us with manganese because we are going to supply them with machinery such as excavators and transfer mining skills to them to mine the ore to supply us to sustain the plant, Mr Li said.
Chibuluma Mines Plc, a copper mining company, which is a subsidiary of METOREX LIMITED, is one of the first two copper mining companies to be privatised in 1997. Metorex Limited acquired 85 of the shares with ZCCM Investments Holding Plc holding the remaining 15. The company operates the Chibuluma South and Chifupu ore bodies.
ZAMBIA ENVIRONMENTAL MANAGEMENT AGENCY CALL FOR COMMENTS REVIEW OF THE ENVIRONMENTAL IMPACT ASSESSMENT REPORT FOR THE PROPOSED JIFUMPA MINE EXPANSION PROJECT IN KASEMPA DISTRICT BY RUIDA INVESTMENTS LIMITED Ruida Investments Limited is proposing to expand Jifumpa Mine under Licence Number 20584-HQ-LML.
This photo was taken by the Daily Nation. The presidents farm has also introduced 42 Boer goats from South Africa for milk purposes. The paper reports that the goats will start getting milked over the next two months, with a litre of milk being sold at between Sh. 150 and Sh. 180.
Copper mining in Zambia. Zambia is Africas second biggest copper producer, accounting for 70 percent of the continents total copper output. As of 2019, Zambia was the seventh largest copper.
Jun 14, 2017nbsp018332Most of the buildings in Kitwe, the roads, the health clinics, the schools, were built by the national mining company. At its peak, the Zambia Consolidated Copper Mines company employed more than 65,000 Zambians and carried out services like water delivery and waste collection for five cities in the Copper Belt Province.
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