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China Company Develops High-Quality Copper Resources in Zambia

iconSep 27, 2016 13:23
A Chinese Company will jointly develop high-quality copper-cobalt resources in Zambia with other domestic peers, cnmn.com reports.

SHANGHAI, Sep. 27 (SMM) - A Chinese Company will jointly develop high-quality copper-cobalt resources in Zambia with other domestic peers, cnmn.com reports.

Jinda Mining, the said company, is a wholly owned company by Chinese investor in Zambia. The copper-cobalt deposit to be explored by the company is located on the southeastern edge of the Kabompo Dome in the North Western Province.

North Western Province has massive copper reserves despite lower grade compared to Copperbelt Province. First Quantum, Anglo American and Valley all have mining rights in North Western Province.

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