Wed, 13 Sep 2017 12:53:35 +0000 By Chite Mtonga Mopani Copper Mines has spent more than US$1.2 billion on the sinking of three new shafts to extend the lifespan of its mines in Kitwe and Mufulira by over 25 years, Konkola mines in Kalulushi also invested to extend its lifespan for over 70 years, Ministry of Mines and Mineral Development Director of Mines Mooya Lumamba has disclosed. He was responding to reports by the Chamber of Mines that the Mining industry would be in crisis if no new mines were explored for exploitation. He said that it was important for exploration works to be carried out as it would enhance the production base. Mr. Lumamba said that Government undertook preliminary exploration but it was private companies which did the main exploration of minerals and such explorations were costly. “Mineral exploration is vital to enhancing the production base, but what must be understood is that Government […]
MINING SECTOR FUTURE BRIGHT
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