The Lumwana copper mine’s Super Pit expansion project has been accelerated with first production now scheduled for 2028, Barrick’s President and CEO Mark Bristow told Zambian president Hakainde Hichilema at their meeting yesterday.
According to Bristow the project will transform Lumwana into one of the world’s major copper mines, with projected annual production of around 240,000 tonnes per year over a +30-year life.
Lumwana is a key component of the Zambian government’s drive to revive the country’s copper industry over the next 10 years. The estimated cost of the project is almost USD2-billion and construction will start later this year.
Since Barrick refocused its strategy in 2019, Lumwana, the once struggling mine, has been restructured and re-engineered into a significant contributor to Barrick’s expanding copper portfolio.
One of the main reasons for Lumwana’s success is the great management team and the fantastic workers on the ground.
In August last year WhyAfrica visited Lumwana as part of our annual WhyAfrica Road Trip and spent a full day with Nicholas Coomson, operations manager at Lumwana, and the fantastic team at one of the top copper mines in Africa.
Our day at Lumwana began with a management meeting in the boardroom before we headed out to the pit and processing plant to learn more about effective and efficient copper mining in Africa.
The WhyAfrica Road Trip is an incredible way to learn more about not only the 5 or 6 African countries we visit, but also about the great mining, exploration, quarrying, agriculture (including fisheries and forestry), energy, infrastructure, water management, ESG, tourism, environmental management, climate change and conservation projects in Africa.
Remember, if you are a WhyAfrica member, you can join us virtually on our Road Trips. You might even be able to sit in with us in meetings like the one we had at Lumwana, and ask your own questions during our interviews, and in that way interact with all stakeholders across Africa. There is a long list of additional benefits for WhyAfrica members. To find out more click on the link: https://lnkd.in/dZzNGJvK or send an e-mail to leon@whyafrica.co.za
There are some great video clips about our trips (including the Lumwana visit) on our YouTube channel so why not subscribe on: https://lnkd.in/diwv3Zhq
We also have a library full of images that you can view in our website’s gallery or follow us on Instagram https://lnkd.in/dNnF3_g6 or on X (twitter): https://lnkd.in/dAygZqQi or Facebook @ WhyAfrica
Nic Coomson , FAusIMM Barrick Gold Corporation
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Freelance Mining Consultant at Self
2moGood initiative thriugh 3 new shaft sinking to upgrade system and make production system more reliable and sustainable for longer period of mine life