By Lupindula Mwewa – Barrick Gold Corporation has announced plans to transform Lumwana Copper Mine into a Tier One asset with a mining life exceeding beyond 2060. A Tier One asset is one that has a reserve potential greater than five million tonnes of copper. | ZNBC Today
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By Lupindula Mwewa – Barrick Gold Corporation has announced plan…
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Barrick Gold Strengthens Zambia Partnership, Invests in Major Expansion of Lumwana Mine
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Barrick Lumwana to build new mine By Lupindula Mwewa Barrick Lumwana Mine in Kalumbila District is set to start building a new mining pit in Kamisenga area as part of its two billion United States Dollar mine expansion programme. Barrick Lumwana Mine General Manager HERBERT CAWOOD says the investment is meant to increase copper production from the current 27 metric tonnes to 50 metric tonnes of per year. Mr. CAWOOD says the mine is expected to create about one thousand jobs during the constructi
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BARRICK Lumwana has launched a 2 billion United States Dollars Lumwana Super pit expansion project in North Western Province. The expansion project which was launched yesterday will double the mine's annual copper production from 120,000 tonnes to 240,000 per annum. Our Staffer MUSENGE MULIMBA covered the groundbreaking ceremony which was officiated by President HAKAINDE HICHILEMA. | ZNBC Today
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Barrick earmarks $2 billion for copper 'super pit' in Zambia
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financialpost.com
By Lupindula Mwewa Barrick Lumwana Mine in Kalumbila District is set to start building a new mining pit in Kamisenga area as part of its two billion United States Dollars mine expansion program. Barrick Lumwana Mine General Manager HERBERT CAWOOD says the investment is meant to increase copper production from the current 27 metric tonnes to 50 metric tonnes of copper per year. | ZNBC Today
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Barrick Injects $4 Billion into Zambia since 2019 By Doreen Chembe Barrick Lumwana Mine has injected four billion US dollars into the Zambian economy since 2019 through taxes, royalties, local procurement, and employee wages. Speaking at a media and stakeholder engagement in Lusaka on Thursday evening, Barrick Lumwana President MARK BRISTOW said over 3.4 billion dollars of this amount was spent on procurement, with Zambian suppliers accounting for 79 percent of the total. Mr. BRISTOW revealed th
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