Chibuluma Main Project
Chibuluma Main
Country Zambia 
Province Copperbelt
Latitude / Longitude 12 S 49 / 28 E 6
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Last updated on 6/8/2010 - Terms of Use
Risk and valuation analysis of the Chibuluma Main Project
Status Risk : Advanced discovery
Country Risk : Important
Title(s) of the Chibuluma Main Project
Metorex Ltd
Interest: 85%
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The Copperbelt Mines were nationalised and merged into Zambia Consolidated Copper Mines (ZCCM) in 1982. Subsequently, Chibuluma was the first mine to be privatised, being acquired by a Metorex consortium in October 1997 with ZCCM/Zambian Government retaining a 15% interest
Location of the Chibuluma Main Project
The Chibuluma Mine complex is situated near the town of Kalulushi, which is approximately 12 km west of the Kitwe, one of the metropolitan and industrial centres of the Zambian Copperbelt. The current mining area is Chibuluma South, some 13 km from the town of Kalulushi.
History of the Chibuluma Main Project
Chibuluma Mine began production in 1955 as a self-contained unit producing copper concentrates, which were treated at the Mine concentrator. However the concentrator was closed in 1991 and the ore has been treated locally. The Chibuluma South deposit more...
Production history
COPPER (lbs)35,141,684
Production Objectives
COPPER (lbs)23,000,000
Data last updated on : 12/31/2009
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