Protectionism around natural resources is surging, and ...
President Edgar Lungu's government also threatened to suspend Glencore's license to operate the Mopani copper mine in April 2020, amid tensions over the use of the asset as a swing producer.
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Acquisition of the 100 % stake in Mopani Copper Mine by ...
· The Economic Association of Zambia (EAZ) has commended government for acquiring a 100percent stake in Mopani Copper Mine. Yesterday Government through ZCCMIH acquired 90percent shareholding in ...
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· Zambia To Buy Majority Stake In Glencore Copper Mine For. Jan 20 2021 zambia – state mining investment arm zccmih has agreed to buy glencore's majority stake in mopani copper mines in a us15 billion deal funded by debt and will seek a new investor the government said in press statement the copper mine sale follows glencore's attempt to suspend operations at mopani last year because .
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· · Sand, rocks, deep mud, no problem. ... One huge mine tailing filled with lowgrade copper ore and it has sparked our interest. ... Mopani .
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Glencore in finalstage talks over Mopani stake sale to Zambia
· On a visit to Mopani Copper Mines on Friday, Lungu said the government would ensure the mine continued to operate and no jobs would be lost. Glencore's plan last year to suspend operations at Mopani due to low copper prices and COVID19 disruptions angered the government, which said Mopani had not given enough notice and threatened to revoke the company's mining licences.
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Glencore's Mopani copper mines on care and maintenance
· Copper mining company Mopani Copper Mines plc said on Tuesday that it had placed its mining operations on care and maintenance and a number of projects on hold. Mopani, owned % by Glencore, is ...