Tag: Africa’s largest copper producer
Zambia’s Copper Output Down In January 2009 Closures Mine
Mar/17/2010 | Under : Aluminium, Companies, Copper Mine, Exploration, Mineral Exploration
Copper production in Zambia, Africa’s largest copper producer, fell 13 percent in January 2010 compared with January 2009 due to earlier mine closures but analysts said there were good prospects for higher output.
Zambia has previously said copper production could hit 1.0 million tonnes by 2011 as new mines come on stream and expansions and upgrades take place at existing mines.
Its copper production declined to 54,518 tonnes in January this year from 62,621 tonnes in the same month last year, the central bank said on Tuesday.
Copper exports in January 2010 increased to 56,676 tonnes versus 55,199 produced in 2009, the Bank of Zambia (BOZ) said. (continue reading…)