EXCLUSIVE: Anglo to hold serious policy talks in Zambia, says CEO Cutifani
Twice-burnt Anglo American looks at copper in Zambia again, but will not invest if unfavourable, uncertain policies remain
22 December 2020 - 16:04
Anglo American is tentatively venturing into Zambia and will have a serious discussion with the government over best-practice mining policies if it finds a copper deposit worth developing, says CEO Mark Cutifani.
Anglo has twice burnt its fingers in Zambia; when its mines were nationalised in the 1970s, and when it beat a hasty retreat from its ill-fated and brief foray into copper mining post-nationalisation in 2000...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.