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Friday, 27 November 2009

Mine Watch (Lumwana)

Reports mid week that Lumwana plans to raise copper output through greater efficiency and also plans to build a uranium plant. According to its new MD, Adam Wright, the company would in 2010 ramp up production to 170,000 tonnes from a projected 110,000 this year. The company is continues with the stockpiling of uranium from its Mulundwe pit and are looking into building a uranium processing facility in future. Lumwana uranium deposits are known to be staggering.

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