Zambia faces uncertain mining outlook
Zambia, Africa's top copper producer, faces an uncertain long-term mining outlook despite a resurgence in copper prices and government assurances of stable mining taxes in 2010, an industry official said on Tuesday.
Zambia, Africa's largest copper producer risks shutting down some of the mines or scaling down copper output with the revised 30% power hike by the country's energy regulator, effective January 1st 2011.