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PMN Business Zambia concludes talks with Glencore on buying

08/01/2021 par Titicopper 1
PMN Business
Zambia concludes talks with Glencore on buying Mopani mine stake, state radio says
Author of the article:
Reuters
Publishing date:Jan 08, 2021 • Last Updated 4 hours ago • < 1 minute read
LUSAKA — 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.

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.

(Reporting by Chris Mfula in Lusaka; Writing by Helen Reid in Johannesburg; Editing by Edmund Blair)
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