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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
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   28/04/2015
 
Barrick to continue mining at Lumwana
 

The Canadian company Barrick Gold announced that it would continue mining at its Zambian copper mine Lumwana.

This is because, on April 20, 2015, the Zambian government announced amendments to the country's mining tax regime that would replace the recently adopted 20 percent gross royalty on open pit mines with a nine percent royalty, along with the reintroduction of a 30 percent corporate income tax and a 15 percent variable profits tax. Production at Lumwana is anticipated to be 250-270 million pounds at C1 cash costs of $1.90-$2.15 per pound in 2015.


 
 
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