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Get PricePrivatization of copper mines in the late 1990s and the implementation of fiscal discipline in 2004 transformed Zambia's economic performance, leading it to sustained economic growth. Mining investment and the copper price boom further supported this growth. Zambia's dependency on copper makes it vulnerable to depressed commodity prices.
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Get PriceA 2014 report by the International Council on Metals and Mining (ICMM) notes that Zambian suppliers of mining inputs and equipment are more expensive than competing foreign suppliers for reasons such as foreign exchange regulations, high costs of credit (30 to 40%), limited supply of skilled labour, high power costs and high corporate tax rates
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Get PriceF our big mines dominate Zambia's copper production, complemented by several smaller players who also play an important role. All the mines are backed by a wide range of respected international investors. The Zambian government, through its investment-holding company ZCCM-IH, is a minority shareholder in nearly all of them – and is, in effect, the biggest shareholder in Zambia's mining
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Get PricePrivatization of copper mines in the late 1990s and the implementation of fiscal discipline in 2004 transformed Zambia's economic performance, leading it to sustained economic growth. Mining investment and the copper price boom further supported this growth. Zambia's dependency on copper makes it vulnerable to depressed commodity prices.
Get Price08/06/2021· KALUMBILA Minerals Limited (KML), a subsidiary of First Quantum Minerals (FQM), says the mining firm's quest to invest in cutting-edge equipment will boost copper
Get Price29/06/2011· has received a contract worth approximately USD 50m (approximately DKK 260m) from Kalumbila Minerals Ltd., a wholly owned subsidiary of First Quantum Minerals Ltd. for the supply
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