Barrick Gold Corp said on Monday
that it was considering all options for Lumwana copper mine in
Zambia as the country's proposed new mining taxes would make it
challenging to generate adequate returns for all its
Mining companies operating in
Zambia have failed to show how higher taxes introduced this year
will affect their profitability despite objecting to the new
framework, a senior government official said on Thursday.
Zambian President Edgar Lungu on Monday swore in Lieutenant General William Sikazwe as head of the armed forces, telling him at the ceremony to remind his officers of the need to respect hierarchy, the Zambian National Broadcasting Corporation (ZNBC) reported.
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