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"THE ONLY THING NECESSARY FOR THE TRIUMPH OF EVIL IS FOR GOOD MEN TO DO NOTHING"
--Burke

Monday, September 14, 2009

September 2009 SWISS Company Glencore developing open copper mine in Zambia where STERLITE owner is largest producer right now...

"Glencore's Zambia unit to start new copper mine...LUSAKA, Sep 9 (Reuters) - A unit of Swiss company Glencore International AG will develop an open pit copper mine in Zambia....Mopani Copper Mines (MCM), majority owned by Glencore, to develop an open pit mine in the Mindola ore body in Kitwe, 330 km north of Lusaka. ...Mopani was Zambia's second largest copper producer before new mines with higher output like Lumwana mine, owned by Equinox Minerals Ltd and Kansanshi mine, a unit of Canada's First Qunatum Minerals came on stream last year. The largest copper producer in this southern African country of 12 million people is Konkola Copper Mines (KCM), a unit of London-listed Vedanta Resources Plc [STERLITE]."
http://uk.biz.yahoo.com/09092009/323/glencore-s-zambia-unit-start-new-copper.html

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