Glencore has concluded discussions with the Zambian government about the sale of a majority stake in the Mopani copper mine, state media reported on Friday January 8.
An agreement will be signed this week, according to a report by the Zambian National Broadcasting Corp, citing President Edgar Lungu.
“Glencore confirms that it is in final-stage negotiations relating to a possible sale of Carlisa’s 90% stake in Mopani to ZCCM,” Glencore said in a statement.
“Glencore confirms that it is in final-stage negotiations relating to a possible sale of Carlisa’s 90% stake in Mopani to ZCCM,” Glencore said in a statement.