Chibuluma West Mine, Kitwe District, Copperbelt Province, Zambia : Reduced facies type copper-cobalt deposit, hosted in sericitic arkose of the Roan Supergroup. HONE SIAME, Kitwe JCHX Mining Management Company Limited, a leading Chinese mining contractor, will employ over 100 miners who were laid off by Chibuluma Mines Plc in Kalulushi. The Chifupu Mine is located within the Chibuluma South Mine License area. Production commenced at 10,000 tonnes of ore in July 2005 ramping up to 40,000t in July 2006 and 50,000t/month in 2008. Lufwanyama District remains relatively underdeveloped in terms of infrastructure. Chibuluma mine deposits are the only ones in Zambia known to have been discovered without information passed on from the local people. Chibuluma is one of the first Zambian mines to be privatised in 1997, and after over 18 years of operation, it is nearing the end of its working life. Metorex is an established mid-tier mining Group, uniquely positioned in the Southern African base metals mining industry as a pure copper and cobalt investment. More significant is the multiplier effect – every direct job at a Zambian mine such as Chibuluma creates up to 5 jobs indirectly in the local community and the broader economy. In July 2007, Chibuluma South Mine Limited ceased to exist and in 2008, the company reverted to its original name: Chibuluma Mines Plc. Unternehmens-Hauptsitz. The major ones being JCHX and LMMTS. Upon closure of the Open Pit Mine in 2001, portal mining commenced in 2003 in order to exploit underground sulphide ore. The mining method employed is Long Hole Stoping with fill. The primary copper mineralization is bornite and chalcopyrite. Chibuluma Coppers Mines Plc is currently owned 85% by Jinchuan Group Company Limited and 15% by ZCCM-Investments Holdings. Non-ferrous cash prices temporarily discovered basis LMEselect trading (due to Covid 19): 12.30-13.15 *Gold and silver spot prices, per troy ounce, established basis LMEselect trading: 18.29-18.30 The Chifupu deposit was discovered by Roan Selection Trust (RST) in 1967 through a combination of auger and diamond drilling. Equipment maintenance – Loader buckets, Dump truck dump bodies, fixed plant etc. After the privatization of ZCCM limited, Meterox Limited was the first foreign company to enter Zambia by acquiring Chibuluma South mine in October 1997. Metorex Limited is part of the JINCHUAN Group. Initial business activities will be in mining and construction at Chibuluma and Chifupu and other mines outside the Metorex group in the areas of: Business activities will then be extended to: Announcement of interim results for the six months ended 30 June 2014 – View PDF ». Chibuluma was one of the first Zambian mines privatised in 1997. Road conditions, sanitation systems and electrification rates lag behind conditions witnessed in the urban centres of the Copperbelt, including Kalulushi. The company operates the Chibuluma South and Chifupu ore bodies. The Chifupu Copper mining project was approved in 2013 following a detailed feasibility study. All Rights Reserved. Roan Selection Trust Limited was formed in 1914 by an American engineer Alfred Chester Beatty who later took up British citizenship. A wholly owned Chibuluma Mines Plc subsidiary LMMTS was incorporated as a Zambian Registered Company on 27 June 2017. Combined production from Chibuluma South and from Chifupu has since reduced to about half from F2016 following the business restructuring carried out in 2015/2016. This is easy to understand when one considers the millions of kwacha released into the local economy every month through employees’ wages and salaries. Indeed may be compensated by these employers, helping keep Indeed free for jobseekers. Chibuluma South Mine is trackless and highly mechanised. Company headquarters. Geological mapping of the area in which Chibuluma Mine is situated began in 1928 but all prospecting was halted during the depression years. 1997         Nkana Division of ZCCM Ltd operated Chibuluma West Mine with a single mine at 7 shaft, 1997         Metorex Limited acquired the Chibuluma West Mine with a single mine at 7 shaft, 2001         Mining of an Open Pit at Chibuluma South commenced in March, The Open Pit at Chibuluma South closed in September and placed on Care & Maitenance. Technical & Environmental Consultancy Services, Misenge Environmental & Technical Services Ltd, www.metorexgroup.com/mine/chibuluma-mines/, Chibuluma Mines Extract from 2019 Annual Report, Chibuluma Mines Extract from 2018 Annual Report, Chibuluma Mines Extract from 2017 Annual Report, Chibuluma Mines Extract from 2016 Annual Report, Chibuluma Mine Board Chairperson Jack Sikamo Dies, Zambia’s copper production rises to 861,946 tonnes in 2018, Chibuluma Mines allocates $4.4m to rehab programme, Zambia Extractive Industries Transparency Initiative, Visual Capitalist: Copper – The Essential Metal (Prt I), Visual Capitalist: Copper – The Essential Metal (Prt 2), Visual Capitalist: The Looming Copper Supply Crunch, Misenge Environmental Technical Services Ltd. Metorex Limited acquired 85% of the shares with ZCCM Investments Holding Plc holding the remaining 15%. Lufwanyama Mining, Manufacturing and Trading Services (LMMTS). REUTERS/Rogan Ward/File Photo A copper mine in Zambia is set to shut down on Wednesday due to disruption brought on by the coronavirus pandemic, reports Reuters news agency. ... An average of just under 2000 jobs were lost every year in the 24-year period, reaching just over 22 000 direct jobs in 2000. Chibuluma Mines latest news Business & Human Rights Resource Centre. Chibuluma Mines Plc, a copper mining company, which is a subsidiary of METOREX LIMITED, is one of the first two copper mining companies to be privatised in 1997. Chibuluma Mines has been referenced in news articles and reports on our website. But Musukwa asked Lubambe Copper Mines to put the interest of the workers first before its dispute with Redpath. The Chibuluma Mine South ore body was discovered in 1969 by Roan Selection Trust (RST). Company mentions (Articles, reports, news etc.) MINES minister Richard Musukwa says government has rejected plans by Metorex Limited, a company running Chibuluma Copper Mines, to place its operations on care and maintenance. Chibuluma Mines Plc, a copper mining company, which is a subsidiary of METOREX LIMITED, is one of the first two copper mining companies to be privatised in 1997. Mine development works commenced in 2013. This company was set up to be a one-stop shop of mining projects and services including manufacture and trading (marketing) of mining and minerals processing requisites which meet all quality requirements at an optimum cost whilst generating adequate resources to sustainably grow the business and meet the aspirations of all stakeholders. View Privacy Policy Supply Purchasing Superintendent at Chibuluma Mine Zambia 500+ connections. However, the concentrator was closed in 1991. 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