Mokambo has high grade copper

October 26, 2012 | Filed under: Local News | Posted by: web editor

From ALEX NJOVU in Kitwe
A CHINESE mineral exploration company has discovered high-grade copper deposits at Mokambo border in Mufulira.
Changfa Mineral Resources Limited general manager Yadong Sun said the mineral exploration works are progressing well and that his company has discovered high-grade copper deposits at Mokambo border in Mufulira.
“We are happy with the works done so far and we have started finding copper of high grade. The copper is of good quality and we are happy with what we are doing,” Mr Yadong said.
He said Changfa Mineral Resources Limited has invested US$ 20 million in exploration works and that the construction of the plant is expected to start next year.
“We will employ over 3,000 local people once operations start in 2014. So far, things are moving according to plan and we are happy with the support we are receiving from various stakeholders,” Mr Yadong said.
He said Changfa Mineral Resources Limited is committed to working with government to reduce unemployment.
“We will ensure that we work with Government to create job opportunities for Zambians. We have so far employed about 200 local people and their contribution to the project is good. We will soon start construction of the plant once all logistics are put in place,” Mr Yadong said.
Copperbelt Minister Mwenya Musenge launched the company in August this year and which is expected to invest US$ 500 million in its operations.
And Mufulira district commissioner Beatrice Mithi commended the Chinese investor for working with government in creating jobs for the local people.
Ms Mithi said she is impressed with the determination of Changfa Mineral Resources Limited to set up a plant which will contribute to the development of Mufulira.
“We are happy with what our colleagues are doing to create jobs for our people. The mine which they will soon start constructing will go a long way in enhancing development in Mufulira,” she said.
Ms Mithi called on Mufulira residents to support the efforts of both local and foreign investors to develop the area.