Lubambe projects new lease of mining

FROM left, Ministry of Mines director Muya Lumamba, Presidential Affairs Minister Freedom Sikazwe, Lubambe Mine chief financial officer Eustus Munsaka, President Edgar Lungu, Lubambe Copper Mine chief executive officer Nick Bowen and Mines Minister Richard Musukwa at State House yesterday. PICTURE: EDDIE MWANALEZA/ STATE HOUSE

LUBAMBE Copper Mine plans to invest US$500 million into its expansion project because of the huge copper deposits on the Copperbelt.
The mine, which does underground operations, is 80 percent owned by EMR Capital Resources, while 20 percent is held by ZCCM-IH.

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