Sat, 05 Aug 2017 10:59:18 +0000 By OSCAR MALIPENGA LUANSHYA Mayor Nathan Chanda says he expects Baluba mine which was put on care and maintenance in 2015 to reopen now that the copper prices on the world market were slowly getting back to normal. He has also expressed hope that Shaft 28 will also be opened by the China Non Ferrous Metal Company Luanshya Copper Mine (CLM). Mr Chanda said the local authority was expecting LCM to start stirring back to life after the positive trends the world copper mining industry was currently recording. “We are optimistic of the reopening of the Baluba mine which is on care and maintenance. We also are hopeful that Shaft 28 will be opened. “You see the copper prices are now doing well and the Kwacha has appreciated well so we expect the two mines to be opened for the benefit of our people. “We are confident that with […]
