Copper Exports Increase

NDOLA, June 11 - According to the latest Bank of Zambia (BoZ) Statistics Fortnightly, copper exports soared to 90, 776 tonnes during the period January to March 2004, from 86, 974 tonnes during the months October to November 2003.

Compared to the same period January to March 2003, copper exports posted an increment of 11,465 tonnes. Exports totalled 79, 309 during the three-months period last year.

Production levels, however, posted marginal increments with the period January to March 2004 registering levels of 96, 788 tonnes. Production levels from October to December 2003 totalled 96,183 tonnes, translating into an increase in production of only 605 tonnes in six months in spite of copper prices being favourable.

Production over the periods January to March 2003 and the same period in 2004 marked an increment of 22, 478 tonnes.

Production levels during January to March 2003 stood at 74, 310 tonnes, while January to March 2004 registered 96, 788 tonnes.

Source: The Times of Zambia / allAfrica Global Media