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Kitwe is the base for a number of mining operations including the Mopani Copper Mines. Kitwe has rich copper, cobalt and emerald deposits among other minerals. It is home to Mopani Copper Mine's Nkana Cobalt Plant, one of Africa's largest mines. The mine is located 1 km south west of the Kitwe city centre.
Mopani Copper Mines Plc was originally part of Zambia Consolidated Copper Mines Limited (ZCCM), and was state-owned until its privatisation in 2000. [4] On 1 April 2000, Mopani purchased the ZCCM assets at Mufulira and Nkana, consisting of the underground mine, concentrator, smelter, refinery and cobalt plant, from the government.
Nkana open pit and headgear in Kitwe. Nkana mine is one of the largest in Africa, a copper mine located 1 km south-west of Kitwe. [15] The mine is underground as well as open pit and is in operation since 1932 and has produced 6,000,000 tons of copper so far.
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Many years later, the British South Africa Company built towns along the river and a railroad to transport the copper through Mozambique. [4] During the 1950s, the Copperbelt was the largest copper-producing area in the world, including the Roan Antelope Mine, Nkana Mine, Nchanga Mines, Mufulira Mine, and Rokana Mine.
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Copperbelt Province is a province in Zambia which covers the mineral-rich Copperbelt, and farming and bush areas to the south.It was the backbone of the Northern Rhodesian economy during British colonial rule and fuelled the hopes of the immediate post-independence period, but its economic importance was severely damaged by a crash in global copper prices in 1973.
Foreign investment, mostly from the United States and South Africa drove major expansion in the copper industry between 1924 and 1969. [10] Mining increased GDP, and by 1969 Zambia had one of the largest economies in Africa. Between 1925 and 1975, Kabwe mine was the largest lead mine in Africa. [11]