{"id":56846,"date":"2024-01-27T20:40:31","date_gmt":"2024-01-27T20:40:31","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/?p=56846"},"modified":"2024-01-27T08:48:01","modified_gmt":"2024-01-27T08:48:01","slug":"barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities","title":{"rendered":"Barrick Lumwana Mine Expands Operations in Zambia, Boosting Copper Production and Job Opportunities"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>The Lumwana copper mine, situated approximately 100 kilometers west of Solwezi in Zambia\u2019s Copperbelt, is set for a significant expansion, marking a pivotal moment for the region\u2019s copper industry.<\/p>\n

Lumwana, a conventional open-pit operation using the truck and shovel method, processes predominantly sulfide ore through a conventional sulfide flotation plant, resulting in the production of copper concentrate.<\/p>\n

Barrick Lumwana Mine is embarking on a massive expansion program, announcing plans to construct a new mining pit in the Kamisenga area. The ambitious $2 billion investment aims to elevate copper production from the current 27 metric tonnes to an impressive 50 metric tonnes annually. Herbert Cawood, the General Manager of Barrick Lumwana Mine, highlighted the potential of the expansion to create approximately 1,000 jobs during the construction phase and an additional 600 direct jobs upon project completion.<\/p>\n

The Lumwana copper mine\u2019s Super Pit expansion project, disclosed during a meeting between Barrick President and CEO Mark Bristow and Zambian President Hakainde Hichilema, is now scheduled to commence production in 2028. This transformative project positions Lumwana as one of the world\u2019s major copper mines, anticipating an annual production of around 240,000 tonnes for over 30 years. The estimated cost of the project is nearly $2 billion, with construction slated to begin later this year.<\/p>\n

Since Barrick\u2019s strategic refocus in 2019, Lumwana has undergone restructuring and re-engineering, emerging as a significant contributor to Barrick\u2019s expanding copper portfolio. The mine has injected almost $3 billion into the Zambian economy through royalties, taxes, salaries, and local procurement.<\/p>\n

Local procurement has been a cornerstone of Lumwana\u2019s contribution, with over $472 million in 2023, representing more than 81% of the total spend for the mine. Barrick has also initiated a Business Accelerator Program, aiming to enhance the business capacity of Zambian contractors in its supply chain.<\/p>\n

Mark Bristow emphasized Barrick\u2019s commitment to community upliftment through the REDD+ initiative, focusing on conserving the natural forest surrounding the mine. Discussions with the Ministry of Green Economy and Environment are underway to facilitate licensing, underscoring Barrick\u2019s dedication to sustainable practices in partnership with local government.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. The Lumwana copper mine, situated approximately 100 kilometers west of Solwezi in Zambia\u2019s Copperbelt, is set for a significant expansion, marking a pivotal moment for the region\u2019s copper industry. Lumwana, a conventional open-pit operation using the truck and shovel method, processes predominantly sulfide ore through a conventional sulfide flotation plant, resulting in […]<\/p>\n","protected":false},"author":84,"featured_media":56844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,248],"tags":[234,235,233],"class_list":["post-56846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nBarrick Lumwana Mine Expands Operations in Zambia, Boosting Copper Production and Job Opportunities - Zambia<\/title>\n<meta name=\"description\" content=\"The Lumwana copper mine, situated approximately 100 kilometers west of Solwezi in Zambia\u2019s Copperbelt, is set for a sign ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Barrick Lumwana Mine Expands Operations in Zambia, Boosting Copper Production and Job Opportunities\" \/>\n<meta property=\"og:description\" content=\"The Lumwana copper mine, situated approximately 100 kilometers west of Solwezi in Zambia\u2019s Copperbelt, is set for a sign ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-27T20:40:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2024\/01\/sm_1706332590.852465.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Barrick Lumwana Mine Expands Operations in Zambia, Boosting Copper Production and Job Opportunities\",\"datePublished\":\"2024-01-27T20:40:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities\"},\"wordCount\":362,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2024\/01\/sm_1706332590.852465.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/barrick-lumwana-mine-expands-operations-in-zambia-boosting-copper-production-and-job-opportunities\",\"name\":\"Barrick Lumwana Mine Expands Operations in Zambia, Boosting Copper Production and Job Opportunities - 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