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Wednesday, 1 July 2009

Mine Watch (Kabwe)

Media reports that Government has almost completed negotiations with Alberg Mining and Exploration to finally take-over Kabwe Zinc Mine from Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH). The parties have apparently finalised almost 70 per cent of the outstanding issues, with expectation that the rest of the deal would be concluded within a month to allow Alberg Mining take over the mine. More details via this Daily Mail article.

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