Zambia expects to increase its annual copper output to 1.5million tons, boosted mainly by improved electricity supply, Mines Minister Christopher Yaluma has said.
“The outlook for Zambian mining looks very, very positive,” he told the African News Agency on the sidelines of the annual international mining conference taking place in Cape Town.
“We had power constraints that have been cleared. “We had restricted the mining industry to 70percent instead of 100percent power availability.
“We are around 800, 000 tons (copper production), but we feel, come next year, we’ll hit 1.5million tons,” Mr. Yaluma added.
“We have a lot of potential investors who have shown an interest, who come to pick up exploration licences at such times (conferences),” Mr. Yaluma added.
So what, for his benefits
The article sounds fake though it’s true zambia needs to up the mining game and bounce back on the top of the list of the largest copper producer in Africa.
Unfortunitly Zambia will never bounce back to be once again a top copper producer.Congo DRC will continue to dominate as african major copper producer the country as massive copper deposit which remains untapped.With production commencing at Kisende copper mine & the re-opening of Metaltok RTR in luabala it’s another milestone for the govt of DRC .
What fake? I am here in Cape Town attending the Mining Indaba, what is quoted here is true to the Minister’s Statement
Even if copper output is increased it is only a few individuals in power to benefit. The poor Kaondes,Lundas and any other tribe where copper is mined remain in abject poverty
And to what direct benefit to the country, hon Yaluma?