Business
KCM Restarts Chingola B Mine
Konkola Copper Mines -KCM- has restarted mining operations at its Chingola B...
Picture: Zambia24
By Nyambe Nalishebo
Konkola Copper Mines -KCM- has restarted mining operations at its Chingola B Mine after an 18-year shutdown.
The mine, which forms part of the Nchanga mining complex, is projected to produce more than 200,000 tonnes of ore per month, up from 60,000 tonnes per month before closure in 2003.
KCM Group Chief Executive Officer DESHNEE NAIDOO said the restart is part of the company’s wider expansion programme across its Nchanga and Konkola operations and will add production at Nchanga underground.
Ms NAIDOO said the project will add another 200,000 tonnes per month and will significantly boost feed to KCM’s processing operations.
She said KCM is targeting 300,000 tonnes of copper production per year by 2030, supported by more than 1 billion United States dollars in investment from Vedanta Resources.
Ms NAIDOO noted that the restart comes as Zambia pushes to increase national copper production to 3 million tonnes per year by 2031, with dormant assets such as Chingola B Mine expected to play a critical role in closing the production gap.
Source: Zambia24 — Read more
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