LUSAKA, Feb 23 Zambia produced 882,061 tonnes of
copper in 2020, up 10.8% from 796,430 tonnes produced in 2019,
Mines Minister Richard Musukwa said on Tuesday, calling it a
"historical high" for Africa's second-largest copper producer.
LUSAKA Zambia has scaled back, postponed or cancelled projects to reduce the southern African copper producer's debt exposure as it holds talks to secure a programme from the International Monetary Fund, the central bank governor said on Wednesday.
LUSAKA, Jan 21 Zambia's main opposition party
leader Hakainde Hichilema criticised the government's deal with
Glencore on Thursday, comparing the economy to a leaky bucket
broken by debt.
LUSAKA Zambia's mining investment arm ZCCM-IH said it expects to find a new investor for Mopani Copper Mines by the end of the year, as the International Monetary Fund looks into Zambia's deal with Glencore, Mopani's majority stakeholder.
* Glencore to retain Mopani output buying rights until debt
LUSAKA Glencore said on Friday it was in final-stage negotiations over a potential sale of its majority stake in Mopani Copper Mines to Zambia's mining investment arm ZCCM-IH.
* Zambia aiming for 3% GDP growth by 2022
(Adds company reaction)
LUSAKA, Dec 11 The Bank of Zambia will begin
buying gold from Canadian miner First Quantum Minerals
and the state mining firm as it resumes holding the precious
metal as part of its foreign reserves, the central bank governor
said on Friday.
LUSAKA Zambian authorities formally requested a financing arrangement from the International Monetary Fund (IMF), the Fund said on Tuesday, to help the southern African copper producer navigate a debt crisis.
LUSAKA Zambia's state mining arm ZCCM-IH plans to appeal a court ruling in favour of Vedanta, which has sought arbitration in a dispute over its jointly owned copper mine that is facing liquidation, the mining minister said.