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Lumwana
Lumwana '' is a mining town located in Mwinilunga District, within the North-Western Province of Zambia. Geography The town is located on the T5 Highway, approximately , by road, west of Solwezi and east of Mwinilunga. Lumwana is approximately by road northwest of Lusaka, the capital and largest city of Zambia. It is in the Copperbelt mineral deposits and mining region of Southern Africa. Population The population of Lumwana was estimated at less than 1,000 in 1999. With 1,000 new homes constructed in the town since then, it is estimated that the population of the town in 2010 was approximately 5,000. Economy Prior to 1999, Lumwana was a rural village. In 1999, Equinox Minerals Limited acquired the nearby Lumwana Copper Mine. Over the next 10 years, working with its Zambian subsidiary, Lumwana Mining Company Limited, Equinox carried out feasibility studies, sourced financing and constructed the present infrastructure. The mine was commissioned in December 2008 and ...
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Equinox Minerals Limited
Equinox Minerals is a mining and exploration company with corporate offices in Perth, Australia and Toronto, Ontario, Canada. It has operations in Peru and Australia. In Zambia it owned the Lumwana Mining Company, but that was bought by Barrick Gold in 2011. Through Liontown Resources Limited and Alturas Minerals Corp., the company has gold and copper-gold exploration interests in Peru and Australia. The Lumwana project which had enough reserves to be productive for 37 years, cost the company one billion dollars to develop. In Zambia it has been credited with supporting social development through projects which aim to build schools, attract professionals to areas around its mine sites. 2010 copper production was 323.4 million pounds (146,690 tonnes) 68% higher than in 2009 (192.1 million pounds). The company produced slightly more copper than it sells (In 2010 323.4 vs 290.2 million pounds up from 2009 when it was 290.42 vs 179.72 million pounds), 77% of production occurred dur ...
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Lumwana Mine
The Lumwana mine is a large copper mine located in north-west Zambia in North-Western Province. Lumwana is owned by Barrick Gold and represents one of the largest copper reserves in Zambia and in the world having estimated 5.014 billion pounds of proven and probable copper reserves of ore grading 0.68% copper. The mine is operated by Lumwana Mining Company Limited (LMC). Timeline In 2019, Barrick Gold considered selling the mining operation after receiving interest from potential buyers following its merger with Randgold Resources Ltd., however the discussions fell through. It had previously in the same year attracted interest from companies including China Minmetals Corp., Jiangxi Copper Co. and Zijin Mining Group Co. In an interview in November 2021, Barrick Gold CEO, Mark Bristow, indicated Lumwana copper mine was on course to contribute roughly 20% of the group’s annual EBITDA largely due to the increase in the copper price.The improvement in the copper price also mea ...
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Solwezi
Solwezi is a town in Zambia. It is the provincial capital of the mineral-rich North-Western Province. Solwezi is also the administrative capital of Solwezi District, one of the eleven districts in the North-Western Province. Location Solwezi is located on the Chingola–Solwezi–Mwinilunga Road ( T5 Road of Zambia), approximately north-west of Chingola and approximately south-east of Mwinilunga, in the extreme northwest of the country. The geographical coordinates of the city are:12°08'36.0"S, 26°23'09.0"E (Latitude:-12.143333; Longitude:26.385833). Solwezi sits at an average elevation of above mean sea level. Approximately south of the central business district, is the "Kifubwa Rock Stream Shelter", also ''Kifubwa Rock National Monument''. It is located next to the Kifubwa River, with inscriptions dating from the Paleolithic period, carbon dated to about 6300 BC. The conservation area measures approximately with the Kifubwa Stream Cave at its centre. Population I ...
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Investrust Bank
Investrust Bank Plc., commonly known as Investrust Bank, is a commercial bank in Zambia. It is License, licensed by the Bank of Zambia, the central bank and national banking regulator. Location The Headquarters, head office of the bank is in Ody's Building, along Great East Road, in Lusaka. The main branch of Investrust Bank Zambia Limited is located in Investrust House, at 4527 and 4527 Freedom Way, in the city of Lusaka, the largest city and capital city, capital of Zambia. The Geographic coordinate system, geographical coordinates of the bank's main branch are: 15°25'23.0"S, 28°16'46.0"E (Latitude:-15.423056; Longitude:28.279444). Overview , Investrust Bank was a medium-sized financial services provider in Zambia. It had under its control, assets totaling ZMW:1.284 billion (US$129.7 million), with shareholders' equity valued at ZMW:115.32 million (US$11.64 million). History The bank was founded in 1996, registering as a Corporation, corporate entity, receiving a banking lice ...
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Copperbelt
The Copperbelt () is a natural region in Central Africa which sits on the border region between northern Zambia and the southern Democratic Republic of Congo. It is known for copper mining. Traditionally, the term ''Copperbelt'' includes the mining regions of Zambia's Copperbelt Province (notably the towns of Ndola, Kitwe, Chingola, Luanshya, and Mufulira in particular) and the Congo's Haut-Katanga and Lualaba provinces (notably Lubumbashi, Kolwezi, and Likasi). In some contexts the term may exclude the Congo entirely. Zambia's Copperbelt became a province soon after independence in 1964, when it was named "Western province". President Kenneth Kaunda changed the name to its present-day "Copperbelt province" in 1969. From the time of the Bantu expansion, both the Congo's Katanga and Zambia's Copperbelt regions have been called "Ilamba" or "Lambaland", after the Lamba people. Both provinces are rich in mineral wealth. Prehistory The Copperbelt was not inhabited bef ...
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Populated Places In North-Western Province, Zambia
Population typically refers to the number of people in a single area, whether it be a city or town, region, country, continent, or the world. Governments typically quantify the size of the resident population within their jurisdiction using a census, a process of collecting, analysing, compiling, and publishing data regarding a population. Perspectives of various disciplines Social sciences In sociology and population geography, population refers to a group of human beings with some predefined criterion in common, such as location, race, ethnicity, nationality, or religion. Demography is a social science which entails the statistical study of populations. Ecology In ecology, a population is a group of organisms of the same species who inhabit the same particular geographical area and are capable of interbreeding. The area of a sexual population is the area where inter-breeding is possible between any pair within the area and more probable than cross-breeding with in ...
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Bank Of Zambia
The Bank of Zambia (BoZ), is the central bank of Zambia. Overview The principal responsibility of the bank is to create and implement monetary policy that will maintain the economic stability of the country. The Bank is active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration, during the Global Policy Forum, held in Riviera Maya, Mexico in 2011. Functions of Bank of Zambia # To ensure appropriate monetary policy formulation and implementation; # To  provide banking services to Government, commercial banks and to act as Settlement Agent; # To license, regulate and supervise banks and financial service institutions; # To ensure a safe and sound financial system and; # To manage the banking, currency and payment systems operations of the Bank of Zambia. Administration Since its ...
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Government Of Zambia
The politics of Zambia takes place in a framework of a presidential representative democratic republic, whereby the president of Zambia is head of state, head of government and leader of a multi-party system. Executive power is exercised by the government, while legislative power is vested in both the government and parliament. Formerly Northern Rhodesia, Zambia became a republic immediately upon attaining independence in October 1964. Whilst Zambia functioned as a democracy from independence it soon became a one-party state for 19 years from 8 December 1972 until multi-party democracy was re-introduced on 4 December 1990 which led to multi-party elections on 1 November 1991. Since then, Zambia has been a relatively stable democracy having consistently peacefully transferred power between four political parties (UNIP, MMD, PF and UPND) and has since 1991 held nine presidential elections, of which seven were general elections. The Economist Intelligence Unit (EIU) ra ...
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Luacano
Luacano is a town and municipality in Moxico Province, Angola. The municipality had a population of 20,755 in 2014. The Luacano River (''Rio Luacano'') flows past the town to the west before entering the Kasai River, which forms the border between Moxico and Luanda Sul. During negotiations over the border between the Belgian Congo and Portuguese Angola the Belgians pushed for making the Luacano River part of the border. Transport In 2012, a long-awaited short cut between the Angola , national_anthem = "Angola Avante"() , image_map = , map_caption = , capital = Luanda , religion = , religion_year = 2020 , religion_ref = , coordina ...'s Benguela Railway and the Zambian copper mines is being built. The short cut leaves the mainline east of Luacano. See also * Railway stations in Zambia References Populated places in Moxico Province {{Angola-geo-stub ...
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Chingola
Chingola is a city in Zambia's Copperbelt Province, the country's copper-mining region, with a population of 216,626 (2010 census). It is the home of Nchanga Copper Mine, a deep-shaft high-grade content copper mining operation, which subsequently (in the 1960s) led to the development of two open pit operations, Chingola Open Pit and then Nchanga Open Pit (the latter being the second largest open cast mine in the world). History Chingola was founded in 1943, somewhat later than most other Copperbelt towns. Chingola was built to service the newly opened Nchanga copper mine. Alongside Luanshya (the "Garden Town of the Copperbelt"), Chingola is perhaps one of the best laid-out and most picturesque towns in Zambia. Mines Situated at the north-west end of the Copperbelt Province, the Nchanga Mines Open Pit workings lie in an arc 11 km long around the west and north of the town, covering nearly 30 km2. The deepest part of the pit is 400 m lower than the surrounding plate ...
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Uranium
Uranium is a chemical element with the symbol U and atomic number 92. It is a silvery-grey metal in the actinide series of the periodic table. A uranium atom has 92 protons and 92 electrons, of which 6 are valence electrons. Uranium is weakly radioactive because all isotopes of uranium are unstable; the half-lives of its naturally occurring isotopes range between 159,200 years and 4.5 billion years. The most common isotopes in natural uranium are uranium-238 (which has 146 neutrons and accounts for over 99% of uranium on Earth) and uranium-235 (which has 143 neutrons). Uranium has the highest atomic weight of the primordially occurring elements. Its density is about 70% higher than that of lead, and slightly lower than that of gold or tungsten. It occurs naturally in low concentrations of a few parts per million in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as uraninite. In nature, uranium is found as uranium-238 (99.2739 ...
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