Kolwezi - Economy

Economy

Kolwezi is an important mining centre for copper and cobalt. There are also uranium, radium, oxide ores, and lime deposits. The Musonoi mine is a set of open-cut pits near Kolwezi from which copper and other metals have been extracted since the 1940s. The nearby Lake Nzilo was created by damming the Lualaba River to provide a source of hydroelectric power and a reservoir of water for the mining activities.

Read more about this topic:  Kolwezi

Famous quotes containing the word economy:

    Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.
    Ralph Waldo Emerson (1803–1882)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)

    Everyone is always in favour of general economy and particular expenditure.
    Anthony, Sir Eden (1897–1977)