TD8 Tailings Dam Reclamation Project - Mufulira (CCS SMLZ CNMC) - Zambian Copperbelt (sitios de interés)
Descripción del sitio
April 13, 2010
Reclamation of TD8 and TD10 by SMLZ
The Government has signed a $600 million agreement with China Non-Ferrous Metals Limited (CNMC) for the extraction of copper from the Mufulira Tailings dams to breathe economic life into the liability that was left over during the privatisation of the Zambia Consolidated Copper Mines-Investment Holdings (ZCCM-IH) assets.
ZCCM-IH board chairperson Alfred Lungu and CNMC chairperson Tao Xinghu signed the agreement at the Ministry of Mines in Lusaka that will see tailings dams eight and 10 reprocessed while the environment would be protected.
CNMC is the parent company of Sino Metals Leach Zambia (SMLZ) limited which will run the Mufulira Tailings project but this will be dependant on the results of the feasibility studies to be conducted at a cost of $5 million.
Mr Tao said of the over US$600 million to be invested by CNMC through its subsidiary, SMLZ.
MUFULIRA TAILINGS DAM PROJECT
% Zambia Consolidated Copper Mines-Investment Holdings Ltd - ZCCM-IH
% Chambishi Copper Smelter Limited - CCS
subsidiary of China Non-Ferrous Metals Limited - CNMC
% Sino Metals Leach Zambia - SMLZ
subsidiary of China Non-Ferrous Metals Limited - CNMC