Name of the Project
Lubambe extension project.

Location
The project is located in the Chililabombwe district of the Copperbelt province, in Zambia.

Project Owner/s
Lubambe Copper Mine.

Project Description
Lubambe Copper is advancing studies for the development of significant high-grade undeveloped copper deposit, called the Extension Area, close to the Lubambe mine.

Lubamabe is an existing underground mine comprising the East and South limbs and a processing plant, with a capacity to process up to 2.4-million tonnes a year.

The Extension Area contains 235-million tonnes of copper/cobalt at an average grade of 3.65% copper and 0.05% cobalt, at a cutoff grade of 2%, with further opportunity for growth.

The project involves the sinking of new shafts and conveyor declines, as well as the development of a new underground mine, with initial production of 90 000 t/y of copper in concentrate and then expanding to 160 000 t.

The project has an initial mine life of 30 years, with further exploration expected to extend the life-of-mine.

Potential Job Creation
The project is expected to create 3 500 jobs for Zambians from the construction phase to production.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Lubambe Copper’s plans are to start construc­tion in 2023 and bring the new mine into production in about 2028.

Latest Developments
The next steps are to progress the prefeasibility study of the new Lubambe extension project and obtain the necessary technical and environmental approvals from the Zambian government and other key stakeholders.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Lubambe Copper Mine, tel +260 96 1245800 or email info@lubambe.com.