Zambia Threatens to Suspend CNMC Mine License on Output Halt

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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.

Glencore’s Copper-Mining Halt Deals Blows to Congo, Zambia

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(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…