Wed, 25 Jan 2017 12:33:26 +0000 By ROGERS KALERO CHIBULUMA Mine PLC has just about four years before its lifespan expires and is hoping that it could find a greenfield mine to develop before the expiry date of the old mine, board chairman and country manager Jackson Sikamo has announced. More than 800 workers are expected to lose jobs if the lifespan of Chibuluma Mining Company comes to an end in the next four years. Speaking yesterday when Mines Minister Christopher Yaluma visited the mine, Mr Sikamo said Chibuluma mine, which is owned by Metorex, a subsidiary of Jinchuan Group of Companies, would like to increase its footprint in Zambia through expansion and acquisition of joint ventures. “Chibuluma South and Chifupu resources would be mined out by 2019 and Chifupu resources would be mined out in 2021. More than 800 workers would lose jobs if the lifespan of the mine comes to an end. We […]
