Barrick’s Lumwana Copper Mine in Zambia Takes Strategic Steps Forward
Barrick’s drive to transform the Lumwana copper mine in Zambia into a Tier One asset with a life extending beyond 2060 is picking up speed, with a strong performance in the past quarter adding impetus to its continuing production ramp-up. Briefing media at a site visit on July 7, Barrick President and Chief Executive Mark Bristow said the mine’s full potential was only now being revealed. Additional expansion opportunities, identified through an updated geological model, are currently being assessed, while drilling at the Kababisa prospect highlights potential mining flexibility through…
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