By BUUMBA CHIMBULU
PROSPECT Resources, an Australian exploration and development firm, has been granted two large-scale mining licences (LMLs) for its flagship Mumbezhi copper project in the North-Western Province.
This grant of the LMLs provides 25-year tenure security, renewable for successive 25-year periods, a cornerstone for further development, financing and long-term operational planning.
With a substantial maiden mineral resource estimate of 107 million tonnes (mt) grading 0.5 percent copper for 515, 000 tonnes, Mumbezhi is poised to support the country’s goal of producing CLICK HERE TO READ MORE
