Zambia, once viewed as a Central African economic power house announced that it wants to reclaim some of its former glory as Africa’s leading greenfield copper project, Lumwana, is commissioned. For full story, click here
The Central Vigilance Commission has recommended initiation of major penalty proceedings against the chairman and managing director of Hindustan Copper Ltd for irregularities in selection and promotions of employees. For full story, click here
The Zambian central bank is expecting world copper prices to surge above the $4,900 a metric ton by the end of 2009, easing the pressure suffered by Zambian copper mines since July last year. For full story, click here
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