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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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ZCCM IH Seeks Strategic Partner over Mukandabwe Coal Mine

Zambia Consolidated Copper Mines Investment Holdings (ZCCM IH) seeks an equity partner to revive operations of the defunct Mukandabwe coal mine Limited, lying 420 kilometres South of Zambia to meet demand for the heating product, the company said.  Mkandabwe coalmine is located in mid Zambezi valley lying approximately 17 0 …

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