Friday, November 15, 2024

Luanshya Copper Mines ready to re-open if given Tax incentives by Government

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Part of the infrastructure at the re-opened Luanshya Copper Mines. Copperbelt, Zambia
File:Part of the infrastructure at the re-opened Luanshya Copper Mines. Copperbelt, Zambia

Luanshya Copper Mines Management has shown interest to re-open the defunct shaft number 28 that has been closed for many years now.

Attempts to reopen the closed shaft are meant at reviving mining activities in Luanshya.

This follows the decision by Luanshya Mine Management to place Baluba Mine under care and maintenance.

The Mine Workers Union of Zambia MUZ anticipates that the reopening of shaft 28 will take up many of the miners who might lose jobs at

MUZ General Secretary Joseph Chewe said LCM is ready to re-open shaft 28 once Government accepts to offer the mine tax exemptions.

Mr Chewe said this when he featured on TV2’s Morning Live News and Current Affairs programme this morning.

11 COMMENTS

  1. Govt should give them the incentives and the same time buy shares from them. These will then be floated to Zambians. This is the only way we shall take back our mines and put an end to this blackmail

    • One way of telling the President that if he wants the Luanshy Mine to keep people in employment under the current circumstances, let the Zambian tax payers pay their salaries.

    • They are in the wrong business maybe they should try cocaine …but knowing the caliber of leaders we have they will celebrating at this!!

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