Moxico Resources considers $100m investment to expand Mimbula Copper Project in Zambia
2022-04-08 14:15:38 [Print]
UK-based mining company Moxico Resources is planning to expand its majority-owned Mimbula copper mine in Zambia with a $100 million investment.
The Mimbula Copper Project is copper-rich oxide and sulphide deposit. It is situated in the Zambian Copperbelt on the outskirts of the town of Chingola.
The deposit is situated on a large-scale mining licence, (21816-HQ-LML), which is held by Mimbula Minerals, a Zambian unit of Moxico Resources.
This mine has an estimated JORC resource of 93.7 million tonnes at a copper grade of 0.97%.
The Mimbula Copper Project is copper-rich oxide and sulphide deposit. It is situated in the Zambian Copperbelt on the outskirts of the town of Chingola.
The deposit is situated on a large-scale mining licence, (21816-HQ-LML), which is held by Mimbula Minerals, a Zambian unit of Moxico Resources.
This mine has an estimated JORC resource of 93.7 million tonnes at a copper grade of 0.97%.
Copper Cathode 99.99%min Delivered China
Unit:RMB/mt
China refined copper producers' output statistics by province by month
Unit: mt
