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Mopani Copper Mines

Mopani cooper mine is a private sector company and it is one of the leading companies in the mining sector. It's a joint venture company and it is combined by first quantum minerals which is having 16.9% of the shares, international AG which is having 73.1% of the total shares and Zambian copper mine which is having 10% of the shares. Mopani is having some operational mines naming Mufulira mine, Nkana mine and cobalt related plant. According to different records this company claimed a production of 134800 copper and 2040 cobalt in the year 2003. Mopani copper mines are planning to extend its business and they are planning to invest in several new projects. Mopani copper mines have shown significant success in the production of underground mining projects in Mufulira and Kitwe. Mopani has planned a lot regarding the expansion plans of several operational mines.

Mopani is among the top companies in African countries. This company is located in Zambia and this company is showing a significant production in the field of copper sector. Mopani is having an employee source of more than 7800; Mopani copper mines have a lot of engineers and miners in their company so that they can progress much faster in this field. The operational mines are very efficient and Mopani extracts a huge amount of copper and cobalt every year. Some of the major process which is being carried by Mopani copper mines is:

1. Underground mining.

2. Cobalt plant.

3. Copper smelter.

4. Copper refinery.

5. Operation in heap

6. Operational leech in VAT.

7. Electro wining and solvent extraction.

Some of the basic use of these copper and cobalt in the primary market are.

Copper: producing wire rod, wire and cable production, semi products and brass.

Cobalt: super alloys, hard metals, batteries and catalyst.

Mopani copper mines export their products in all parts of South Africa and other African countries also. Mopani copper mines are the best mining company in South Africa. Its production capabilities have improved from year to year and the annual reports of the company show a steady progress every year. The other companies of South Africa are not so lucrative and they don't show much progress in copper and cobalt fields but Mopani has turned out to be a great company in this field. Many critics state that Mopani copper mines in the coming year will show very good progress in common market.

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