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Zambia plans to compel copper miners to account for gold

Zambia plans to make copper mining companies account for the gold they produce as it seeks to boost revenue from its mineral resources a senior ministry of mines official said on Thursday. Ministry of Mines Permanent Secretary Barnaby Mulenga told a news conference that Zambia Africa’s second-largest copper producer was missing out on a lot of revenue because only one large mine was

Zambia plans to compel copper miners to account for gold

Zambia plans to make copper mining companies account for the gold they produce as it seeks to boost revenue from its mineral resources a senior ministry of mines official said

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Research by the Overseas Development Institute on the taxes and fees in the Zambian mining sector during privatisation in the late 1990s and the subsequent boom in copper prices reviewed the taxes and fees for mining and compared it internationally for royalties and corporate income tax in other major mining countries. Taxes and fees& 0183;& 32;

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Copper production in Zambia a mineral-rich Southern African country may not reach the projected two million metric tons at the close of this year after all because of a number of factors not

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The mineral value on the claim is gold. Light panning in the creek behind the cabin produced small grains of gold. An average small operation could reasonably expect to extract 1-1.5 oz per day if processing 1 ton per day. The region is also known for its gold well

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& 0183;& 32;Copper mining in Zambia page 2 Paper 165 July 2008 However its performance declined from the mid-1970s and by the end of the 1980s copper mining was no longer the ‘golden cow’ which had been the engine of the country’s industrial and social development.

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Will Africa’s biggest copper mine be up for sale?

Africa’s biggest copper mine may be up for sale if Zambia’s mining tax impasse isn’t resolved soon. Mineral resources giant Barrick Gold made the announcement about Lumwana

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Barrick Gold Corp the world's second largest bullion miner is preparing its Zambian copper mine Lumwana for sale in the second half of 2019 looking to target Chinese buyers

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