Chinese firm approves plan for Zambia copper mine

China Nonferrous Metals Corporation (CNMC) will start developing the Muliashi copper mine in Zambia this year, after approving a feasibility study, the company said on Wednesday.

Company spokesperson, Sydney Chileya, told Reuters that the results of two feasibility studies were very positive, with the Muliashi project’s ore reserves estimated to last between 15 to 25 years.

Chileya said Muliashi, which was forecast to start operating in 2010 before its previous owners suspended the project, would now start production in 2012, with output expected to be around 60,000 tonnes of copper per year.

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