HomeBase MetalsNew mining investment for Zambia

New mining investment for Zambia

The tranquil Luapula
province – could become
a mining giant
Lusaka, Zambia — MININGREVIEW.COM — 13 October 2008 – The government of Zambia intends exploiting the vast mineral deposits in the Luapula province of the Southern African country, and turning it into another Zambian mining giant.

Quoting The Times of Zambia, allAfrica.com reports that acting President, Rupiah Banda told a rally in Mwansabombwe that  the Government was determined to ensure that Luapula – situated in the north of the country – also became a major producer of minerals like the country’s North-Western Province.

“Luapula Province has great potential because of its abundant minerals, water and many other natural resources,” he said. “It is important to fully exploit these resources to help reduce poverty in the country.”