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Lubambe Copper Mine sits on an area of approximately 58.1 square kilometres and comprises an existing underground mine, characterised by two distinct limbs (the East and South Limbs) and a processing Plant with a capacity to …
Lubambe Copper Mine sits on an area of approximately 58.1 square kilometres and comprises an existing underground mine, characterised by two distinct limbs (the East and South Limbs) and a processing Plant with a capacity to …
— The Lubambe copper mine is an underground mining operation situated close to Chililabombwe Village. The operation is 80% owned by EMR Capital and 20% owned by ZCCM Investment Holdings Limited. Production started in October 2012.
Lubambe Copper Mine Ltd (LCM), formerly Konkola North is located near the township of Konkola in Chililabombwe, approximately 468 km by road from Zambia's capital city, Lusaka. History and ownership. Following discovery of ore deposit in the 1920's, initial mining commenced in the early 1950's for 2 years before operations ceased.
— JCHX Mining is close to concluding a deal to buy Zambia's Lubambe copper mine, two sources told Reuters, in the latest in a string of copper deals by Chinese companies intent on growing their...
— It is an underground mining operation located on the Zambian Copperbelt close to the town of Chililabombwe. Extensions of the copper mineralisation were identified 6km from the current mine along the Konkola basin …
— The recent discovery of high-grade copper ore by Zambia's Lubambe mine is a significant development that ushers in a new lease of life in the mining industry of Africa's second-largest copper producer.
Lubambe's resource extension area occurs within the deeper parts of the Konkola-Musoshi Basin, down to depths exceeding 1500m. This volume contains a world-class, undeveloped copper resource (JORC-compliant 247 Mt at 3.65% TCu …
Lubambe is a large-scale operating underground copper mine. The Mine sits on a tenement area of approximately 58.1km² which is part of the Konkola Musoshi Basin, located within Zambia's Copperbelt Province which hosts one of the largest copper deposits in the world.
— This acquisition was executed through JCHX's wholly owned overseas subsidiary, Sundimo Mining Investments Limited ("Sundimo"), which will now hold 80% of the issued share capital of Lubambe, including claims on shareholder loans, via a Share Sale and Purchase Agreement.
— China's JCHX is best known as a global mining contractor and services provider to operations like Kamoa-Kakula and Konkola but is rapidly increasingly its influence in Africa as a copper mine in its own right.