CNMC Luanshya Copper Mines Plc, a Chinese conglomerate announced the reopening of shaft 28 after being closed for 22 years with a pledged investment outlay of about US$500 million. Interestingly ...

Among other investments, the company plans to spend $650mn in rehabilitating and expanding Luanshya Copper Mine and $250mn to develop Samba Copper Mine, both in the country's Copperbelt region.