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Zambian copper production rises

Workers stack copper
coming off the line at
the Sable processing
facility in Zambia
 
Lusaka, Zambia — MININGREVIEW.COM — 14 May 2009 – Zambia’s copper cathode production rose 17% to 167 185 tonnes during the first quarter of 2009 compared to the same period last year.
 
Announcing this here, Central Bank deputy governor Denny Kalyalya expressed the belief that the southern African country was on course to achieve the 600 000 tonnes of copper projected for this year, because the industry was starting to show signs of recovery from the global economic downturn.

Data from the Bank of Zambia showed that cobalt production had slumped by over half to 600 tonnes in the first quarter of this year, compared with 1 244 tonnes in the same period in 2008.

“Copper output for the first quarter is a very encouraging development, considering what has happened since the second half of last year when the mining industry suffered a severe strain due to reduced copper prices on the world market,” Kalyalya told Reuters.

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