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Thursday, 19 July 2007

Lumwana Fact of the Day

"The presence of low grade copper is one of the main reason Lumwana whose copper was discovered 70 years ago stayed without being explored because it needed a huge capital investment".
Just one of the many fascinating facts from an interesting piece on Lumwana - a Levy Legacy.


Worth adding that with KCM projected to produce
500k tonnes of copper annually by 2010, and Lumwana easily matching that on its own, I sense production records are about to be broken. Its not easy to argue against the "Levy Legacy" tag on 'production' grounds.

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