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Production volumes at the Lubambe Mine reduced by 19% to approximately 21 000 tonnes copper as part of the revised mining plan to 80 000 tonnes per month. Vedanta said that it was a “long-standing, loyal investor,” spending more than $3 billion in Zambia where it has 13,000 employees. The company is already considering options “to maximize value” at the loss-making Lubambe copper mine in Zambia, of which it owns 40 percent, it … Anglo bought the country’s biggest mines back after companies including top producer Codelco declined to invest. The new ore body sitting at depths of more than 1,000 meters is contained in Lubambe’s existing 228 square kilometers mining license,” says a statement on the study. The Mine seeks to employ experienced and qualified individuals in the following position: This position reports to the Ventilation Engineer, Plan and ensure implementation of long- and short-term efficient ventilation system at the mine to forestall safe environmental conditions in working places. The mine started production in 2012 and to reach deeper levels, there was a great need to extend the infrastructure. “Zambia is a particular example of a country that has not managed to do this.”, — With assistance by Swansy Afonso, and Paul Wallace, Country previously nationalized copper mines under Kaunda, Eunomix estimates $45 billion lost in income over 40 years. Lubambe. Lubambe Copper Mine Limited (Lubambe) reported total revenues of ZMW1.24 billion (US$110.79 million) for the year ending 31 March 2019 (2018: ZMW517.37 million (US$54.18 million), falling below the budget of US$155 million but increasing from US$98.72 million in 2017. James Attwood. Despite the decline in production volumes, Lubambe Mine achieved a 14% decrease in C1 unit cash costs to US$2.41/lb of copper produced (F2015: US$2.80/lb). The Lubambe Copper Mine is 80% owned by EMR Capital Resources, while 20% is held by ZCCM Investments Holdings Plc. Lubambe Copper Mine Limited’s (LCM) financial results for the year ending 31st March 2016 showed revenues of K931 million (US$94.2 million) (2015: K1,071 million (US$164.7 million)) and reported a net loss of K3,810.2 million (US$385.7 million) (2015:K539.2 million (US$78 million) loss). Lubambe Copper Mine is an underground mining operation situated on the Zambian Copperbelt close to the town of Chllilabombwe. Lubambe Copper Mine. Lubambe Copper Mine Limited requires the services of two Sectional Surveyors. Lubambe Copper Mine is located within the Greater Konkola Area of the Zambian Copperbelt and consists of a large – scale mining license covering an area of approximately 228 square kilometres. According to Lubambe Mine Communications Manager, Loice Saili, the accident happened yesterday underground at the Lubambe Copper Mine and tragically resulted in the death of an employee. Salary: Login to bookmark this Job. The joint venture has an 80% share, while 20% is held by the state-owned ZCCM Investment Holding Plc. “Enough is enough -- this is one move that is supported across the political spectrum.”. Conduct costing and time analyses related to ventilation initiatives. Oversee the monitoring and maintenance of all air ventilation installations. September 30, 2020, 4:35 PM EDT Updated on October 1, 2020, 8:38 AM EDT 2:27. The design capacity is 2.5 MTPA0f ore at an average mill grade of 2.1 % copper, yielding 45,000 tonnes of contained copper in concentrate to be sold to smelters in Zambia. Mine Manager. Operating costs were US$129 million, nearly at par with the budget of just below Labor unions have praised the decision, which has also struck a chord with many citizens in a country where per capita income is below $1,350 a year. Lubambe Copper Mine. Stand No. Lubambe Copper Mine. Conduct all vent surveys professionally so as to ensure good environmental conditions, Compile data from routine surveys for future planning purposes, Advise officials on requirements of industrial and mine ventilation standards, Prepares routine reports and prepares monthly and quarterly reports, Liaise with Planners and Mine Officials on daily basis to keep up with the development in the sections and accompanies them as and when required. The Mine sits on a tenement area of approximately 228km2, which is part of the Konkola Musoshi Basin, located within Zambia’s Copperbelt Province which hosts one of the largest copper deposits in the world. 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