Zambian mining companies are expected to lower their copper production forecasts following a sharp rise in diesel prices, industry expert Professor Peter Chileshe has cautioned. Diesel prices have recently crossed K35 per litre, a development that could significantly increase operational costs for mines. Professor Chileshe, an Associate Professor at Copperbelt University’s School of Mines and a former mine superintendent, expressed concern over the impact of these cost pressures. “If the price of diesel for the mines increases this dramatically, what decisions will the mines make for production in the next six months? Will they be able to maintain current levels...
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