On 16th August local time, China Mineral Resources Group Corporation (CMRC) held a grand opening ceremony for
the Kitumba copper mine in Mumbwa, Zambia, marking the official start of this strategically important mineral
resources development project. The groundbreaking ceremony is not only an important practice of China
Mineral Resources' internationalisation strategy, but also another milestone in the deepening cooperation
between China and Zambia in the field of mining industry.
The Katumba Copper Mine, located about 210 kilometres west-northwest of Lusaka, Zambia, has attracted the attention
of the global mining industry with its excellent geographical location and perfect infrastructure. The vast area of
248 square kilometres of mining rights not only contains rich copper mineral resources, but also carries CMR's unlimited
vision for future development.
According to the resource estimation report issued by MSA Group (Pty) Ltd, an authoritative third-party independent
organisation, which complies with the Australian JORC Code (2012 Edition), the cumulative copper mineral resources
in the Katumba Copper Mining Area is as high as 27.9 million tonnes, with 614,000 tonnes of copper metal,
and the average grade of copper is 2.2%. This data not only highlights the richness of resources in the mine,
but also provides a solid resource guarantee for the subsequent development of the project.
There are still a number of gravity, magnetic anomalies, electrical anomalies and soil geochemical anomalies outside
the explored area, which indicate that the mining area has great potential for mineralisation and a broad prospect for
finding minerals. This provides unlimited possibilities for China Mineral Resources to increase its resources and expand
its production scale in the future, and also lays a solid foundation for the company's mining layout in Zambia and even in Africa.
At the groundbreaking ceremony, the leaders of CMR said that the company will uphold the concept of green development,
focus on environmental protection and social responsibility, and ensure that the project will bring real benefits to the local
community while promoting economic development. At the same time, the company will also strengthen communication
and cooperation with the Zambian government and partners from all walks of life to jointly promote the smooth implementation
and sustainable development of the project.
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