Zambian President Edgar Lungu is to serve as president until 2016 when a new election will be called (Photo : Reuters) (Bloomberg-Lusaka, Monday 14 September 2015) – Zambia, Africa’s second-biggest copper producer, will suspend the mining license of CNMC Luanshya Copper Mines Plc if the company doesn’t reverse a decision to halt production at one of its biggest mines, government spokesman Chishimba Kambwili said.
Étiquette : Zambia
Glencore’s Copper-Mining Halt Deals Blows to Congo, Zambia
(Bloomberg ) Lusaka-Kinshasa, Monday 07 September 2015 – Glencore Plc’s decision to suspend production at units in the Democratic Republic of the Congo and Zambia will halt about a quarter of the countries’ copper output and confront their governments with the potential of job losses a year before elections, analysts said. Glencore’s announcement that it will suspend copper and cobalt production at Katanga Mining Ltd. is a “major blow” to the Congolese government of Joseph Kabila, Ahmed Salim, senior associate at New York advisory firm Teneo Intelligence, said in an…
First Quantum Minerals Provides Update on Kansanshi and Enterprise Mineral Resource and Reserve Estimates
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 4, 2012) – First Quantum Minerals Ltd. (« First Quantum » or the « Company ») (TSX:FM)(LSE:FQM) is pleased to provide the following update on the Kansanshi and Enterprise mineral resource and reserve estimates in Zambia. Highlights: Kansanshi, Zambia