Tuesday, 17 March 2009

Zambian Copperbelt Problems

My mineral processing career started on the Zambian Copperbelt, so it is really sad to hear the news of closures of great mines such as Mufulira and Nkana. Glencore has indicated that they will start the mines again once the copper price reaches $5500 per tonne, so there is a long way to go, the copper price yesterday being around $3700/tonne.

So let's hope that Metal Bulletin's forecast of an upturn later in the year comes to fruition.

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