Zambia's copper-dominant mining industry is proving its resilience despite the impact of COVID-19, volatile commodity prices, a lack of foreign direct investment and poor, ill-advised government actions.
In this week's Creamer's Mining Weekly, I provided some comments about the mining industry in what was at one time, not too far distant, the shining light in Africa's mining jurisdictions bit which has somewhat fallen from grace.
Many of the larger mining companies are defying the negative factors and continue their operations, with copper still domination in the country's prolific cooper belt while also assisting to fight the COVID-19 pandemic.
Despite these positives and the definite resilience, the country's dispute with Glencore is an unfortunate glitch in efforts to preserve the economy in these unprecedented times. Government and Glencore need to work together to overcome this for the benefit of everyone involved.
Read the full story on page 42 of Mining Weekly.
Yolanda Torrisi is Chairperson of The African Mining Network and comments on African mining issues and the growing global interest in the continent. Contact:email@example.com