
Four Big Mines Dominate Zambia's Copper Production
It owns 20% of Lubambe Copper Mine, 15% of NFC Africa Mining, 15% of Chibuluma Mines and 10% of Chambishi Metals. The shareholdings that ZCCM-IH has in Zambia's copper mines is a "free-carry" shareholding. It does not bear any costs or fundraising obligations. ZCCM-IH's stake is risk-free: it receives dividends and, unlike the …