According to the Mining.com website citing Reuters reports, the Minister of Mining of Zambia, Richard Musukwa (Richard Musukwa) announced on Tuesday that the country’s copper production in 2020 will increase from 796,430 tons in the previous year to 88,2061 tons, an increase of 10.8%, a historic increase. new highs.
Musukwa stated that Zambia’s output in 2021 is expected to exceed 900,000 tons, while the long-term goal is to exceed 1 million tons.
The world’s transition to electric vehicles that consume more copper than traditional internal combustion engines will boost copper production, Musukwa said.
The discovery of the Zambian copper mine was in the late nineteenth century, and it controlled global copper production in the 1950s.
However, Zambia’s cobalt production in 2020 will fall from 367 tons in 2019 to 287 tons, a decrease of 21.8%. In this regard, Musuka believes that this is caused by the decline in the cobalt grade of the Kongkola copper mine and production problems.
Gold production fell from 3,913 kg in 2019 to 3,579 kg due to the decline in the grade of Kansanshi mine, the minister said in a statement.
The National Gold Company of Zambia, which purchases and processes gold from artisanal and small-scale miners, sold 47.9 kilograms of gold to the Bank of Zambia for national reserves at the end of last year. The company started producing gold in May last year.
Nickel production increased from 2500 tons in 2019 to 5712 tons in 2020, an increase of more than double. Musukwa believes that the reorganization and simplification of nickel mines is the reason for the increase in production.
In 2020, Zambia’s manganese production will increase from 15,904 tons in 2019 to 28,409 tons, an increase of 79%. Since manganese production mainly comes from small-scale miners, Mussukwa said that the formalization of manganese mines has promoted production growth.
Musukwa stated that Zambia’s output in 2021 is expected to exceed 900,000 tons, while the long-term goal is to exceed 1 million tons.
The world’s transition to electric vehicles that consume more copper than traditional internal combustion engines will boost copper production, Musukwa said.
The discovery of the Zambian copper mine was in the late nineteenth century, and it controlled global copper production in the 1950s.
However, Zambia’s cobalt production in 2020 will fall from 367 tons in 2019 to 287 tons, a decrease of 21.8%. In this regard, Musuka believes that this is caused by the decline in the cobalt grade of the Kongkola copper mine and production problems.
Gold production fell from 3,913 kg in 2019 to 3,579 kg due to the decline in the grade of Kansanshi mine, the minister said in a statement.
The National Gold Company of Zambia, which purchases and processes gold from artisanal and small-scale miners, sold 47.9 kilograms of gold to the Bank of Zambia for national reserves at the end of last year. The company started producing gold in May last year.
Nickel production increased from 2500 tons in 2019 to 5712 tons in 2020, an increase of more than double. Musukwa believes that the reorganization and simplification of nickel mines is the reason for the increase in production.
In 2020, Zambia’s manganese production will increase from 15,904 tons in 2019 to 28,409 tons, an increase of 79%. Since manganese production mainly comes from small-scale miners, Mussukwa said that the formalization of manganese mines has promoted production growth.
Post time: Mar-11-2021