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PUBLIC-PRIVATE CUBAN MINING

4th August 2017

By: Martin Creamer

Creamer Media Editor

     

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Cuba’s former mining town of Minas de Matahambre, in the communist country’s westernmost Pinar del Rio province, is hosting the revival of the Castellanos lead/zinc operation, which has been dormant for a decade. Enmicar, a public–private joint venture between the State-run Geominera de Cuba and the international Trafigura consortium, is investing $270-million in the mine and modern mineral processing plant in this picture, which is expected to produce at a rate of 50 000 t of lead concentrate and 100 000 t of zinc concentrate a year. The project is part of the Cuban government's plans to strengthen and diversify the country's economy through domestic reforms and foreign investment.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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