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    Zambia sees increased copper production in first half of 2020

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    Naija247news Media, New Yorkhttps://www.naija247news.com/
    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    Lusaka, Nov. 19, 2020 Zambia, Africa’s second-largest copper producer, saw an increase in copper production in the first half of 2020 compared to the same period in 2019.

    The figures were released by Zambia mines ministry on Thursday, adding prospects for the mining sector looks positive despite the COVID-19 pandemic.

    According to the figures, copper production from large scale mines rose to 646,111.25 tons in the first half in 2020 compared to 590,321.13 tons during the same period in 2019.

    The Minister of Mines and Minerals Development, Richard Musukwa said commodity prices on the international market have started making positives gains, a situation that may encourage mining firms to further increase production.

    “At a global scale, there has been an increase in the production of electric vehicles which rely on copper.

    “The more advanced the technology becomes the more copper the industry will require.’’

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