Lubambe Mine to work with Government under New Mine Tax regime

Lubambe Mine says there is need to work together with government to ensure that the new mine tax regime helps the mine to grow as well as profit the nation.
Mine Chief Executive officer Nick Bowen says they understand the government’s objective over the matter and that they are happy with the process.
Mr. Bowen has clarified that his organization will no lay off any workers in line with the same.
The Mine is working on an expansion Project which is expected to be developed in 4 to 5 years and will produce between 100, 000 to 150 000 tons of copper per year for 50 years.
The New Mine will employ 500 to 1000 people over the period of construction and will require a workforce of about 2000 people once production commences.
The Old mine currently has a workforce of 1500 including contractors.


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