Mopani Approves $320m Zambian Shaft Development

Mining Weekly reported that the board of Mopani has approved the construction of a new shaft at the Synclinorium mine.

The market news is quoted as saying:

The new shaft is expected to extend the life of the Nkana copper and cobalt mines by about 25 years, the Glencore subsidiary, in which First Quantum Minerals and ZCCM-IH hold minority stakes, said in a statement.

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