The mines Minister in Africa’s second largest copper producer, Zambia has given China Non Ferrous Metal Corporation – CNMC a 2 week ultimatum for a developmental plan for shaft 18 and 28. These shafts have been dormant for a decade and are currently flooded. This was established during a tour of the non operational units in Luanshya on 24 Nov.
CNMC was granted 7 licenses of which only 4 are operational while the remaining 3 have been dormant for over a decade.
“We would like to see your company develop to levels that will see exploitation of these licenses. These licenses are issued independently of each other,” Mines Minister Richard Musukwa said.
Government is ready to find a strategic partner if CNMC is not ready to utilize the 3 licenses to create jobs and add value, he said.
The Minister also requested that the slug dump site be given to empower the youth.