Mokambo Mine in the Copperbelt mining town of Mufulira is set to start operating on a small scale by next year.
The Mine which is run by International Copper Systems (ICS) has already gobbled $10 million on the various development aspects.
ICS will spend an additional $35 million before the end of the year on construction and acquisition of machinery.
Company Director of Technical Services, David Makepeacea said the firm has acquired state of the art equipment from Canada.
He told ZNBC that ICS intends to start small scale copper production next year and full scale production in 2009.
The company has so far employed 50 Zambians on permanent basis and another 50 indirectly through contracts.
He said 800 jobs will be created once full scale production begins.
The project started last year.
[ZNBC]
They should give Ceaser what belongs to Ceaser.
You are so rich and yet so poor! ooh Zambia what a shame. This is what a few greedy individuals can do to a country!!!!
Lusaka Times, please proof read your stories. The story ” Mokambo Mine to start operating” is fine but have you noticed a problem?? Yes, paragraph 5 where it says ” he told ZNBC that ICS…….”.To me ,” next year” when the company is expected to start small scale production and full production in ”2009” is one and the same year, unless this story was gathering dust somewhere in your offices and was supposed to have been reported last year(2007).