Zambia: British Firm Takes Over Munali Nickel Mine

Posted on May 23, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

BRITISH owned conglomerate, Consolidated Nickel Mining and Investments Limited is next month expected to start operations at the defunct Munali Nickel Mine in Mazabuka as the major shareholder.

Mines, Energy and Water Development Minister Christopher Yaluma said that the firm entered into an agreement with former owners Jinchuan Group of China, to take over the mine which was previously run by Albidon Limited of Australia.