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Maximize on Resources from Mining, IMF urges Zambia

The Brettonwood institution and global lender, International Monetary Fund (IMF), has regretted that the mining and copper sector in Zambia has remained dormant despite its potential to be the country’s major foreign exchange earner and bolster infrastructure development. Deputy IMF director for Africa David Owen noted that despite the mining …

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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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