THE $2.1 billion Kalumbila Mines is scheduled to commence full scale production before the end of the year to contribute to the country’s economy.
Kalumbila Minerals Limited (KML) general manager Damien Marantelli said the company was currently installing some of the final equipment required to full commissioning of the mines.
Mr Marantelli said the equipment currently being installed include in-pit crushers, ore conveyors to the processing plant and ZESCO power connection to the machinery.
This came to light when Solwezi District Development Coordinating Committee(SDCC) led by acting district commissioner Chipawa Chipawa held a meeting with KML management at the weekend..
Mr Marantelli said KML which was expected to produce between 280, 000-300, 000 tons of copper per annum, has in the last six months stockpiled 6, 000 tons of copper concentrate processed using on-site power sources.
KML assistant general manager Tristan Pascall said the company was committed to using local labour but needs highly skilled staff because of the latest mining methods at the mine which would put Zambia at the top of mining technology.
Come on LT?
Zambians have no sense of value for currency, and you guys how this!
Surely the cost of opening the new mine is 2.1 BILLION and not million?
Totally agreed! USD2.1m may not buy you a single large dump truck. This type of journalism is based on “ifintu filaisova” culture.
Am I reading something else? The head line says 2billion not million
THAT IS IS THE PROBLEM WITH OUR NEWS WRITERS! WHAT IS US$2.1 Million?
It is enough to set up a news paper business, not a mine the size of Kalumbila.
I work for a copper processing plant and our monthly budget is US$10 million.
@APPARATCHIK, @Wilson & @Buck Teeth Lungu
Is the reporter that has misprinted the value for the opening of Kalumbila mine or it is you have double vision & can’t read properly? Or could it be your reading “capacity is very low” whereby you interpret what your mind tells you not what your eyes have seen?
I am seeing the heading with “THE $2.1 billion Kalumbila Mines” & its repeated in the opening sentence. Whether its $2.1 billion US, Zimbabwean or Australian Dollar but the fact is I am reading $2.1 billion!
May be my computer & @Nda nje khaks are so corrupted & mistranslated the machine code of $2.1 billion to $2.1 million. There is a very big gap & difference between the letters B & M as well as the values of Billion & Million?
So where did u get it from! Stop dreaming!
@APPARATCHIK, @Wilson & @Buck Teeth Lungu
Is it the reporter that has misprinted the value for the opening of Kalumbila mine or is it you that have double vision & can’t read properly? Or could it be your reading “capacity is very low” whereby you interpret what your mind tells you not what your eyes have seen?
I am seeing the heading with “THE $2.1 billion Kalumbila Mines” & its repeated in the opening sentence. Whether its $2.1 billion US, Zimbabwean or Australian Dollar but the fact is I am reading $2.1 billion!
May be my computer & @Nda nje khaks are so corrupted & mistranslated the machine code of $2.1 billion to $2.1 million. There is a very big gap & difference between the letters B & M as well as the values of Billion & Million?
So where did u get it from! Stop dreaming!
What about uranium,silver and gold and Kalumbila?
ARE YOU SURE KML YOU WANT TO RELY ON ZESCO WITH 10 HOURS OF LOAD SHEDDING?
There is no stock pile of concentrate at Kalumbila, its all being transported by BHL and Mine Haulage to Kansashi for smelting. The first produce should by now be at Canada and London metal stock exchange.
This time it appears there is a problem with readers on this platform; my eyes are seeing $2 BBBillion…where are u seeing MMillion which you are condemning?
I cant see it too. May LT corrected the figures
@ Mangwamu No. 6
Problem is not with readers; it was showing $2.1m but it has since been corrected it.
If you need proof just check the url in your browser; part of it reads as “www(DOT)lusakatimes(DOT)com………..the-2-1-million-kalumbila-mines-to-commence-full-scale-production-this-year”
Who are you fooling?we know that production started way back en there is no concentrate in kalumbila as it is processed at kansanshi site.