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204:, indicated Lumwana copper mine was on course to contribute roughly 20% of the group’s annual EBITDA largely due to the increase in the copper price. The improvement in the copper price also meant that Barrick will have more flexibility on whether it proceeds to the development of a super-pit at Lumwana. He also added that the normalisation of Zambia’s fiscal regulations with the reintroduction of mineral
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In 2019, Barrick Gold considered selling the mining operation after receiving interest from potential buyers following its merger with
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and in the world having estimated 5.014 billion pounds of proven and probable copper reserves of ore grading 0.68% copper.
185:., however the discussions fell through. It had previously in the same year attracted interest from companies including
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The mine is operated by
Lumwana Mining Company Limited (LMC).
295:"barrick-lumwana-mining-company-boosts-local-businesses"
347:"barrick-ceo-sees-lumwana-worth-more-than-735-million"
321:"barrick-gold-keen-on-further-opportunities-in-zambia"
230:"Barrick Gold keen on further opportunities in Zambia"
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and represents one of the largest copper reserves in
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In an interview in
November 2021, Barrick Gold CEO,
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16:Mine in North-Western Province, Zambia
273:"Barrick Lumwana Copper Mine, Zambia"
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293:Lusaka Times (14 December 2019).
345:Lusaka Times (28 October 2019).
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405:North-Western Province, Zambia
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254:. mining-technology.com. 2013
252:"Lumwana Copper Mine, Zambia"
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232:. Bloomberg. 24 March 2022
212:was a significant event.
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400:Copper mines in Zambia
208:being deductible from
183:Randgold Resources Ltd
162:. Lumwana is owned by
160:North-Western Province
154:located in north-west
62:North-Western Province
195:Zijin Mining Group Co
187:China Minmetals Corp
275:. barrick.com. 2018
99:12.2242°S 25.8186°E
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202:Mark Bristow
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164:Barrick Gold
148:Lumwana mine
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139:Barrick Gold
49:Lumwana mine
20:Lumwana mine
152:copper mine
150:is a large
102: /
78:Coordinates
394:Categories
279:2018-05-17
258:2013-07-17
216:References
115:Production
90:25°49′07″E
87:12°13′27″S
206:royalties
378:19 April
330:19 April
304:19 April
236:19 April
177:Timeline
120:Products
25:Location
135:Company
68:Country
193:. and
168:Zambia
156:Zambia
124:Copper
72:Zambia
130:Owner
380:2022
332:2022
306:2022
238:2022
146:The
189:.,
158:in
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
