Feb 20, 2013 Zambia voided Wednesday the mining license for Collum, a controversial Chinese-owned coal mine in the south of the country, where workers rioted in November and killed one of the foreign managers.
Apr 14, 2020 The threat from Zambia to cancel the mining license of Glencores local unit significantly escalates the conflict at a time when both the commodity trader and country are battling slumping ...
Apr 16, 2020 Zambia intends to revoke the mining licenses of Mopani Copper Mines MCM, a subsidiary of Glencore, as the firm did not give sufficient notice before suspending its mining operations due to the coronavirus Covid-19 crisis. Mining Licensing Committee secretary Michael Chibonga sent a notice dated 14 April to Mopani chief executive Nathan Bullock.
Mining companies have additional incentives in addition to general ones as follows Period of carry forward of mining losses has been extended from 5 to 10 years Withholding tax on interest, rent, consultancy, royalties and dividends is only 15 percent ... Embassy of the Republic of Zambia 2200 R Street, NW Washington, DC 20008