copper mining in zambia investing news network - march 14th 2011 zambia is most famous for its reserves of copper and cobalt however the country is also a miner producer of selenium and sliver.
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there's gold in that thar sea floor. silver copper zinc and lead too. the problem is it's a mile or two underwater and encased in massive mineral deposits that layer a dark mysterious world.
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zambia has a long history of mining and a large known resource base of copper emeralds and other deposits. it also has very good potential for further discoveries. the sector is also a significant source of government revenue and formal employment both directly and indirectly.
konkola copper mines (kcm) is the largest copper mining company in the country. although based in chingola 15% of its operations—namely nkana refinery nkana acid plants and nkana smelter (the largest smelter in the nation) -- are located in kitwe. the nkana smelter is the largest primary copper production plant in zambia.
where geological surveys suggest significant deposits of copper. with existing and expected invest-ment commitments zambia is on course to achieve the government’s target of 1 million tonnes of copper output per year (from 820000 tonnes in 2010) though it is unlikely to be attained by 2011 as targeted.
how can zambia benefit more from mining zambia has a long history of mining and a large known resource base of copper emeralds and other deposits. it also has very good potential for further discoveries.
copper deposits. zambia was the world’s sixth largest copper producer in 2011 with 715000 tonnes equating to 4.4 percent of global output. with several expected expansion plans forthcoming zambia is viewed as a key growth area for copper production which is likely to rank the country under the top 5 highest