Conveyor system at Equinox's Lumwana copper mine Lusaka, Zambia — MININGREVIEW — 02 June 2011 – Zambia's state-controlled mining company has agreed to sell its 2.28% stake in Canadian-based miner Equinox Minerals Limited to Barrick Gold Corporation "' the world's top gold producer "' for more than US$160 million. "After due …
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The uranium being extracted at Lumwana mine in Zambia as a by-product of copper ore, is merely being stockpiled and not processed, says Mines and energy minister Christopher Yaluma. ... Equinox Minerals was acquired by Barrick Gold Corporation which now owns the mining licence covering 1,355km² which includes two major copper deposits ...
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Of the mine companies operating in Zambia, First Quantum Minerals paid the highest tax, accounting for 41% of the industry's tax payments – Kansanshi Mining and Kalumbila Minerals among others. Konkola Copper Mines (KCM) was the second highest taxpayer in the industry, paying K1.24-billion while Lumwana Mining Company paid K1.2-billion, and ...
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The Lumwana copper mine is a conventional open pit (truck and shovel) operation. It's located about 100 kilometers west of Solwezi in Zambia's Copperbelt — one of the most prospective copper regions in the world. Lumwana ore, which is predominantly sulfide, is treated through a conventional sulfide flotation plant, producing copper ...
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Barrick to keep operating Zambia Lumwana mine. Frik Els | March 27, 2015 | 2:31 pm Base Metals Africa Copper ... acquired when it bought Equinox Minerals Ltd. in 2011.
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Equinox secured long-term land title to approximately 350 km 2 of township and mine operating areas at its Large Scale Mining License for the Lumwana Project in May 2008. While not required to conduct mine development and production operations, this title permits Equinox to manage and administer the Lumwana surface rights, including the planned subdivision to deliver employee …
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The Toronto-based company also revealed it expects to record an impairment charge related to Lumwana, acquired when it bought Equinox Minerals Ltd. in 2011, in the fourth quarter of this year.
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The Lumwana Development Agreement between the Government of the Republic of Zambia (GRZ) and Equinox Minerals Ltd. (Equinox) was signed on December 16, 2005, providing a 10-year stability period for the key fiscal and taxation …
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The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons.
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The Lumwana mine produced 138 million pounds of copper in the first nine months of 2014. The mine had 6.6 billion pounds of copper in reserves as of the end of last year. Barrick acquired the Lumwana copper mine in 2011 for $7.3 billion in …
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ZAMBIA - Toronto-based EQUINOX MINERALS has announced revised resources and reserves for its Lumwana copper-cobalt-uranium project in the Northwestern Province, …
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Harry Michael, chief executive of Lumwana mine, a unit of Equinox Minerals Ltd, said Chambishi smelter would treat 55 percent of the company's annual output under a five-year agreement. Lumwana's copper concentrate was rejected by Mopani Copper Mines (MCM), majority owned by Glencore International AG of Switzerland, after Mopani claimed in ...
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for pper ore mining in zambia pper gold mining in zambia - rt. pper gold mining in zambia. Apr 27, 2020 ZCCM GOLD COMPANY INJECTS AN INITIAL K45 MILLION TO DEVELOP KASENSELI GOLD MINE IN MWINILUNGA . 27 th April 2020, Lusaka, Zambia – ZCCM Gold Company has injected approximately K45 million for the initial phase of the Kasenseli Gold …
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No infrastructure, no power, no water, no labour, a deadly fire and a plunging copper price – these are just some of the challenges that were successfully overcome in the planning and construction of Lumwana Mine in …
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Ausenco worked with Equinox Minerals to build the 20 Mt/y Lumwana Copper Concentrate Project in Zambia – at the time, the largest copper project of its kind in Africa.
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Barrick's drive to transform the Lumwana copper mine in Zambia into a Tier One asset with a life extending beyond 2060 is picking up speed, with a strong. ... Mining originally began at the Malundwe pit in 2008 by Equinox …
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Mining originally began at the Malundwe pit in 2008 by Equinox Minerals (Barrick acquired Equinox in 2011), and the operation ran successfully for some years as a trolley assist mine, with trucks going up ramp to feed a …
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The extension of Lumwana's life through the Super Pit project is good news for Zambia as the mine – employing around 4 400 people – is a major contributor to the country's economy. Over its life, it has produced more than 1.7 Mt of copper and, since 2019, has contributed more than US$2.7 billion to the economy in the form of royalties ...
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China Minmetals, Jiangxi Copper and Zijin Mining are among the firms weighing to bid for Canadian mining firm Barrick Gold's Lunwana copper mine in Zambia. If the deal materialises, the mine could be worth approximately $1bn. China Molybdenum and Aluminum Corp were also invited to take part in the b
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Australia's Equinox Minerals Ltd
The expansion will increase production from 150 000 t of copper, at a 26-million- to 29-million-tonne-a-year process plant production rate, to an estimated 240 000 t of copper, at a...
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Copper mining deposit report for "Deposit #Usgs10400307" (#USGS10400307) in North-Western, Zambia.
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AEL Zambia Plc – a member of the international African Explosives mining services group – has announced the successful completion of the construction and commissioning of the bulk emulsion manufacturing plant at the Equinox Minerals Lumwana copper mine in Zambia. The mine is situated in northwestern Zambia, 220 km west of the copperbelt and 65 km west of the …
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Equinox's key project is its owned Lumwana copper project in Zambia that was acquired from Phelps Dodge 10 years ago, in 1999. The 20 Mtpa plant became fully …
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Equinox Minerals operates the biggest copper mine in Africa located at Lumwana in North-Western Province Zambia. Open pit mining methods are used to access the ore which is hauled to the process plant where it is crushed and processed into final concentrate. The mine operates a large fleet of equipment, including 27 EH4500 dump trucks, 5 ...
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Barrick Gold gained full ownership of the Lumwana mine by acquiring Equinox Minerals in July 2011. The project has a capacity to mine 260,000 tonnes per day using open pit mining operations and process 68,000 …
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Equinox Minerals Limited, an international mining company and its subsidiary, Lumwana Mining Company Limited, decided to take up this challenge, overcoming the financial and technical difficulties linked to constructing and …
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Thus the financing of Equinox Minerals' US$1 billion Lumwana project in northwest Zambia - on the back of resurgent copper prices - could mark the start of a welcome …
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The plant conveyor system at Equinox's Lumwana copper mine Perth, Australia — MININGREVIEW — 29 September 2009 – Equinox Minerals Limited "' owner of Africa's biggest copper mine "' has confirmed that it expects to reach full production at its Lumwana project in north-western Zambia by the middle of next year.. Equinox is an international mining …
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Toronto-based Barrick Gold, the world's largest gold miner, is building up its copper portfolio with an agreement to acquire copper producer Equinox Minerals. Equinox has two primary assets, the Lumwana mine in Zambia (100 per cent owned) and the Jabal Sayid development project in Saudi Arabia (70 per cent owned, but Equinox is in the process ...
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About Equinox. Equinox Minerals Limited is an international mining company dual-listed on the Toronto and Australian Stock Exchanges. Equinox has two primary assets, the Lumwana mine in Zambia (-owned) and the Jabal Sayid development project in Saudi Arabia (70%-owned; ...
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Lumwana copper/cobalt mining project: Location: Northwest Zambia, 200km west of the Copperbelt region and 65km from the provincial capital of Solwezi : Description: Opencast copper mine developed to exploit two deposits - Malundwe and Chimiwungo with a combined total of 321million tonnes of copper ore: Sponsors: Equinox Minerals: Operator ...
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