Zambia mine invests US$456M in Infrastructure

{{Lubambe Copper Mine Limited has invested US$456mn in plant infrastructure including a concentrator, laboratory and new tailings disposal facility}}

The mining firm expects to produce 45,000 metric tonnes of contained copper by 2015 and is set to employ 1,500 people.

According to a press statement issued by the Zambia-based company, the concentrator has incorporated crushing, milling, flotation and filtration technologies.

“The design is 2.5 million metric tonnes per annum at an average mill grade 2.3% copper, yielding the 45,000 metric tonnes of contained copper in concentrate to be sold to smelters in Zambia,” read the statement.

Lubambe Copper Mine is a 50-50 venture between African Rainbow Minerals of South Africa (ARM) and Vale of Brazil.

The joint venture holds an 80% share, while the remaining 20 per cent is held by the state-owned ZCCM-Investments Holdings Plc.

Located within the greater Konkola area in Chililabombwe, Lubambe Mine consists of a large-scale mining licence covering an area of approximately 240 sq km.

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