Biz & Corporate

Lubambe mine not sold – Kabuswe


GOVERNMENT has denied assertions that Lubambe Copper Mine in Chililabombwe has been sold to a Chinese firm called JCHX Mining Company.

Paul Kabuswe, the Minister of Mines and Minerals Development, said the government through ZCCM-IH, which had 20 percent shares and the EMR with 80 percent shares had not sold the mine yet.

Mr Kabuswe indicated that currently, the negotiations were going on and once concluded the nation would be informed accordingly and urged Zambians to avoid the temptation of falling into speculations with CLICK TO READ MORE


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