Mining
Workers inspecting samples at the Chibuluma Mine
Existing operations Metorex owns two operating mines ; Chibuluma in Zambia , which began production in 1955 and currently produces around 18,000 tonnes of copper in concentrate a year , and Ruashi , a copper and cobalt mine in Katanga province in the drc .
Chibuluma was acquired by Metorex in 1997 through a Government privatisation programme and is often referred to as Zambia ’ s model mine .
The copper concentrate from the mine is sold to Chambishi Copper Smelter in Zambia where it is converted into copper blister and moved into the market .
Benfield said : “ It is a mature mine nearing the end of its life and as a consequence is one of very few mines in Zambia which is tax paying .
“ We have discovered a smaller satellite deposit
The Chibuluma Mine currently extracts ore from an underground operation feeding an efficient well run concentrator
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