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Barrick’s Lumwana Miners in Zambia get 11 percent wage rise

MORE than 1,000 unionised workers at Lumwana Copper Mines,a unit of Barrick Gold Limited have received an 11 percent wage increase with immediate effect, the Zambia’s mining union’s general secretary Joseph Chewe says. The upward adjustment for the miners, which comes into effect immediately has been the fruits of protracted …

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Copper Prices up 20 percent, says Zambia’s Central Bank

Copper production in Zambia, Africa’s top producer of the red metal, grew 20 percent in the first quarter 2014 compared to a year earlier, raising hopes of a resurgence in the industry. Copper outturn rose to 174,407 tons in the first quarter 2014 compared with 170,948 tons mined by various …

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