Thursday, April 1, 2010

China Non-Ferrous To Develop Zambia Copper Mine

Muliashi Copper Mine To Produce In 2012



China Nonferrous Metals Corporation (CNMC) will begin developing the Muliashi copper mine in Zambia this year, after approving a feasibility study, the company said on Wednesday.

The company estimates Muliashi’s ore reserves estimated to last between 15 to 25 years.

The mine, which was forecast to start operating in 2010 before its previous owners suspended the project, will start production in 2012, with output expected to be around 60,000 tonnes of copper per year.

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