ZCCM HI agrees to sale a 2% stake in the Equinox Minerals Limited
TIME PUBLISHED - Sunday, June 5, 2011, 9:39 am
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ZCCM IH , a listed investment company on the Lusaka Stock Exchange, has announced this week that t the company’s board accepted the offer from Barrick Gold Corporation, the Canadian company to buy its stake which will result in a cash realization in excess of USD 160 million. ZCCM IH owns a total 2.28% in Lumwana Copper Mines in Zambia and Jabal Sayid in Saudi Arabia Read more [...]