IRH Invests $800M in #Mopani Mines

By Teverai Dzeka

International Resources Holdings –#IRH- has invested more than 800 million US dollars out of the One billion the company had committed to pump into #Mopani #Copper Mines on the Copperbelt.

Mopani Chief Executive Officer CHARLES #SAKANYA says the investor is on course to fulfilling the revitalization of Mopani.

Mr. SAKANYA was speaking when Mines Minister PAUL KABUSWE and Copperbelt Minister ELISHA MATAMBO visited Mopani Copper Mines in Mufulira.

He said the mine has expanded its life span from 30 to 50 years.

And Mr. KABUSWE appealed to Mopani management to make sure that there is harmony between local and foreign employees and look after the interests of local suppliers.

Mr KABUSWE also promised the suppliers and contractors that they will receive support as long as they do the right thing.

Meanwhile, Mr. MATAMBO said suppliers and contractors who have never been given a chance to work with Mopani and are in the database should be considered for contracts.

And Presidential Advisor for Economic Affairs #JITO KAYUMBA is happy with the changes taking place in the mining sector.