• Copper prices are increasing steadily.• There is a lot of Copper that is under-utilized.• The mines are not operating at the most optimal levels of harnessing that copper. A Financial Analyst has observed that there is a lot of…
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• Zambian Copper should be sold for Zambian Kwacha.• Those that want to buy should come and exchange their Forex in Zambian banks.• Ensure that there is full participation of Zambian businesses in the mining sector. An Economist says the…
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• Rise in Copper prices is a good indication for the Mining industry. • Prices on the international market fell from $6, 165 per tonne to $4, 776, per metric tonne in January 2020. • Stakeholders in the mining Sector…
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• Invest much in manufacturing so as to export. • The major way to strengthen the currency is through exports. • Government should implement policies in the mining sector to enable the country receive dollars from Copper sales. An Economist…
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Copper on the London metal Exchange has dropped to $8,992.50 cent per ton at the start of this week from $9,021.50 price recorded on Friday. Despite a negative drop of US$29 dollars from Friday’s trading session, the current performance of…
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• The sector performed better than anticipated as Copper production increased to 882,061.46 tonnes. • Copper production by large scale mines increased to 868,670.46 in 2020 compared to a production of 787,698.77 in 2019. • Copper production by small scale…
Continue Reading • Copper prices rose on Monday amid optimism around a U.S. stimulus. • Copper is often used as a gauge of global economic health. • The commodity rose 1% to $7,990 a tonne on the London Metal Exchange. Absa Bank…
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• Oil on Monday traded at its highest in over a year. • Brent crude futures were up 10 cents. • Copper prices edged lower on Monday pressured by demand worries. Oil prices edged higher on Monday after a weak…
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• Biden to push for green infrastructure. • Green infrastructure will spur demand for copper and other metals. • Biden’s presidency offers alot of opportunities in the green technological space. An economist says Zambia stands to benefit from the presidency…
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• Copper dropped on Monday at $7951.5 per ton • Copper gained towards the end of the week to trade at $8002.5 cents • Zambia Revenue Authority says a favourable Copper price outturn will positively impact the country’s revenue collections.…
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