Mining

Zambia corrects the 2017 copper output declared by central bank

Tuesday, 20 March 2018 17:11

Zambia revised the figure it declared for its copper production in 2017. Indeed, while the Zambian central bank announced last month a copper output of 786, 731 tons, the State indicated that this figure reached 800, 000 tons (small-scale producers’ output included).

“We actually hit 800,000 tons last year and we anticipate with certainty that we are going to reach a million tons or more this year,” Paul Chanda, Permanent Secretary of the Ministry of Mines told Reuters, today March 20.

Moreover Zambia, which produced 774,290 tons of copper in 2016, reported that its mining sector generated ZKw37.6 billion in 2017.

Let’s be reminded that according to the former mines minister Christopher Yaluma, the African second-largest copper producer after DRC could produce up to 1.5 million tons of copper in 2019.

Louis-Nino Kansoun

On the same topic
Himile to invest $100 million in Egypt factory Plant to create up to 2,000 jobs Facility to serve Middle East, Europe, Americas...
Panoro to raise stake in offshore Block G to 54.625% $180 million deal with Kosmos adds 46 million barrels of 2P reserves Company targets...
Eramet halts Senegal mineral sands operations after fire damages extraction unit Force majeure declared; 900,000-ton production target put on...
Kenya sold 65% of KPC in a $825 million local-currency IPO The offer was oversubscribed, driven mainly by institutional investors Uganda...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...

Algeria–Morocco: Will the Gas Pipeline Duel Take Place? (Editorial)
03

Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...

Africa’s Comeback on International Market: Kenya Adds-up to The 2026 Wave of Sovereign Issuances
04

Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...

Dangote Sets IPO Timeline for Its $20B+ Nigerian Refinery, Eyes Retail Investors
05

Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...

Guinea's Largest Gold Mine Records 6% Output Rise in 2025
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.