Mopani injects US$1.2 billion into mines



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Inscription: Jeu 30 Juil 2009 19:54

Message Mar 2 Juin 2015 07:45

Mopani injects US$1.2 billion into mines

MOPANI Copper Mines (MCM) has spent US$1.2 billion on the sinking of three new shafts to extend the lifespan of its mines in Kitwe and Mufulira by over 25 years.
MCM corporate affairs manager Cephas Sinyangwe said in an interview in Kitwe on Saturday that the expansion programme will enable the mining company to increase copper output by 50 percent.

Mr Sinyangwe named the shafts as Synclinorium and Mindolo in Kitwe and the Mufulira operations.

He said the Synclinorium shaft at Nkana mine is expected to be commissioned by the end of the year while Mindolo and Mufulira shafts will be completed in 2017.

“The expansion programme, costing in excess of US$1 billion, includes sinking, equipping and constructing the new Synclinorium, Mindola and Mufulira. These capital projects will extend Mopani’s mining life by a further 20-30 years and ensure the current workforce is maintained and possibly increased,” Mr Sinyangwe said.

He said the development is expected to increase copper ore hosting capacity from the current six million metric tonnes to 11 million metric tonnes per annum from 2017 onwards.

“The shafts will sustain economic benefits to local businesses that are dependent on mining. A perfect example is Nkana Mine. Without sinking the Synclinorium shaft, production would have slumped from the current three million tonnes per year to approximately 1.6 million tonnes per year by 2016/2017.

“It is expected that once commissioned later this year, production at Nkana mine will eventually rise to around five million tonnes of copper ore per annum,” Mr Sinyangwe said.


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Inscription: Mar 8 Sep 2009 08:03

Message Mar 2 Juin 2015 08:01

Re: Mopani injects US$1.2 billion into mines

Ils font certainement cela ,car ils perdent de l'argent en Zambie !!!!!!!!!!!!!!!!!!!!


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Inscription: Sam 19 Sep 2009 09:49

Localisation: Nord de l'Alsace, dans le Parc Régional des Vosges du nord

Message Mar 2 Juin 2015 08:57

Re: Mopani injects US$1.2 billion into mines

phili675 a écrit:Ils font certainement cela ,car ils perdent de l'argent en Zambie !!!!!!!!!!!!!!!!!!!!

Truands ils sont depuis des années.... et Glencore se porte à merveille !

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