Mining Production
‘Rainy Day’ Fund to Funnel Zambia’s Copper Bounty From This Year
Zambia, Africa’s second-biggest copper producer, will use larger-than-expected mining revenues to start a stabilization fund this year, a senior treasury official said, ensuring the government has a buffer when a red-hot rally in the metal fades.
Zambia, Africa’s second-biggest copper producer, will use larger-than-expected mining revenues to start a stabilization fund this year, a senior treasury official said, ensuring the government has a buffer when a red-hot rally in the metal fades.
Topics: Zambiacopperstabilization fundmining revenues