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Luo said $300 million would go to the Luanshya copper mine, which CNMC took over last year, and most of that money would be spent on developing the Mulyashi copper project. According to official data, CNMC plans to start developing the Mulyashi copper mine this year after approving a feasibility study and production is expected to begin in 2012 with output projected at about 60,000 tonnes of copper a year.

According to The Africa Report new projects due to come on stream include the expansion of the Lumwana mine, Canadian firm First Quantum's $2 billion greenfield Trident project, China Nonferrous Mining Corporation's $832m project and the Lubambe mine – a joint venture by Brazil's Vale, South Africa's African Rainbow Minerals and state-owned ZCCM Investments.