Search

Barrick Gold’s Lumwana Expansion to Double Copper Output by 2028

Allen dreyfus Logo
© Allen Dreyfus
  • Lumwana’s copper production set to double to 240 metric tonnes annually by 2028
  • Investments in local workforce and infrastructure to transform Zambia’s Kalumbila District

Barrick Gold Corporation announced that its ongoing expansion of the Lumwana mine in Zambia is expected to double copper production to a life-of-mine average of 240 metric tonnes annually by 2028. The Toronto-based mining giant shared the update in an emailed statement, highlighting the project’s significance in boosting Zambia’s mining output.

Recent Business

Oil rig. Photo by WORKSITE Ltd. @ Unsplash
Nigeria cuts petrol imports to $10bn as Dangote refinery reshapes trade
Read More »
Cairo, Egypt © Unsplash
Egypt targets 5.4% GDP growth as fiscal overhaul aims to cut debt
Read More »
Starlink terminal. Photo by Evgeny Opanasenko @ Unsplash
Why did Namibia reject Starlink despite demand for cheaper internet?
Read More »

Recent Politics

A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »

Latest Posts

Latest news insights