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Saturday, 26 March 2011

Mining Development in Zambia (Ministerial Update)

A recent ministerial statement on the current state of mining development in Zambia. Granted, it is missing key financial facts (e.g. size of investments, tax contributions), but it does provide a good update on new investments. It is also good to see that the older projects appear to have a longer lifespan (except for Mufulira which expires in 2017 - worrying given the level of local pollution there). Equally noticeable is that the much discussed China's Zhonghui International Mining Group project dubbed the "new Lumwana" appears to linger in the "exploration" stage. 

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