Africa Mining: EMR Capital to double Lubambe copper mine output in Zambia

Copperore1022bloomberg
Copper ore

LUSAKA – Australian company EMR Capital plans to double production at Zambia’s Lubambe copper mine, a company official said on Wednesday after completion of EMR’s acquisition of a majority stake for $100-million.

“Our first task is to lift copper production to above 40 000 t and we want to do that in the next two years,” EMR Capital executive chairman Owen Hegarty told reporters.

Hegarty said EMR would also embark on a feasibility study in the next six months for the development of another mine within the Lubambe Copper Mine licence area over the next two years. source: Reuters

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s