Zambia Allows Copper Mine Project To Go Forward

Law360, New York (January 23, 2014, 4:02 PM EST) -- Zambian regulators have approved Australian firm Zambezi Resource Ltd.'s environmental impact study for its planned Kangaluwi copper mine, the company said on Wednesday.

The approval by the Zambia Environmental Management Agency, or ZEMA, and several ministries puts the company back on track toward devloping a mine to extract the area's estimated 308,000 tons of copper. That is welcome news to Zambezi after ZEMA froze the project in 2012, citing concerns about Lower Zambezi National Park, in which the mine would be located. This led to an...
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