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LCM Will Spend US$200 Million to Open New Zambian Copper, Cobalt Mine
Jul. 06, 2011 08:38PM PST
Battery MetalsSouthern Times reported that miner LCM plans $200 million in spending to open a copper-cobalt mine in Zambia.
Southern Times reported that miner LCM plans $200 million in spending to open a copper-cobalt mine in Zambia.
The market news is quoted as saying:
Milyashi, billed among copper-rich Zambia’s best deposits, could produce up to 80,000 tonnes of finished copper and 3,500 tonnes of cobalt annually. At this rate, it would have a 10 year lifespan.
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