Aluminum and Copper

Zambia concludes talks with Glencore on buying Mopani mine stake

Zambia concludes talks with Glencore on buying Mopani mine stake
Mining News Pro - The Zambian government has concluded its talks with Glencore about buying a majority stake in Mopani Copper Mines, state radio reported, citing President Edgar Lungu.
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It did not give details about the outcome of the negotiations.

Zambia`s state mining investment arm ZCCM-IH has been in talks to buy Glencore`s majority stake in Mopani since August.

Glencore did not immediately reply to a request for comment on the radio report. Zambia`s mines minister was not immediately available to confirm the report.


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