Descripción del sitio
RESOURCE BASE
The Luanshya Mine had total reserves of 253Mt of which 93% have been depleted and, at best only 60% of the remaining 7% (18Mt) is recoverable. Due to difficult geotechnical and configuration aspects of a substantial portion of these remaining reserves, and recent flooding, these reserves could not be extracted without incurring uneconomical capital and operating costs (LCM, 2004)
1.4Mt Cu for 60Ktpa Cu
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Puku Minerals Ltd
(PLLS 239 Re-development decommissioned Luanshya mine)
December 16, 2008
R
oan MP Kambwili proposed that government should allow Puku Minerals to take over the mines
November 26, 2007
It is disappointing to report that there has been no further progress in resolving the dispute relating to exploration licence PLLS 239 in Zambia. Weatherly is still awaiting a date to be set for the High Court to hear the matter. In the meantime, the Zambian Government has applied to the courts to have Luanshya Copper Mines Limited joined with the government as co¬defendants. It is anticipated that there will be some resolution to the matter in the coming year. This dispute does not affect Weatherly's nearby PLLS 252 license or its ability to treat the tailings on license PLLS 240 for the recovery of copper
October 31, 2006
In license area PLLS 239 we have been denied access by the previous license holder, Luanshya Copper Mines plc (“LCM”), who still owns the surface rights. We have lodged a legal claim that oxide caps contained in the license area also belong to Weatherly. Neither of these issues have been resolved.