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Vedanta Resources keen to remain in Zambia

Amid the fray over the alleged underpayment of tax to the Zambian Government coupled with the recent ‘mocking’ of the laxity in mining policies that has seen the company pocket over US$500 million in profits annually, Konkola Copper Mines wants to remain in the copper rich nation for over 50 …

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FQML ‘staggers’ US$1 billion capital outlay for Zambia

Uncertainty in fiscal regime coupled with bureaucracy have forced Toronto listed and leading copper and gold miner, First Quantum Minerals to ‘hold on’ to its planned US$1 billion capital outlay to Zambia. While there has been remarkable investment at its flagship and US$2 billion Trident Kalumbila mine in Solwezi in …

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