Country
Zambia
Sector
Mining
Intelligence Type
Project
Status / Stage
Active
Estimated Value
2,000,000,000 USD
Confidence
Confirmed
Latest Development
Barrick Mining Corporation is developing a $2 billion “Super Pit” expansion at its Lumwana copper mine, aiming to double annual copper production from roughly 152,000 tonnes to 240,000–250,000 tonnes and transform the operation into a top-25 global copper producer. Construction is tracking on time and on budget through Q1 2026, with first copper from the expansion targeted for the end of Q1 2028.
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