EIB LENDS TO DEVELOP NEW ZAMBIA COPPER MINE
July 1st, 2006
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is planning to lend Euro 80 million to help Australian-Canadian company Equinox Minerals Ltd develop a new copper mine in Zambia, that is outside the country's established copper belt. Equinox wants to invest Euro 709 million in a dual site mine, a processing plant and associated infrastructure. The company thinks it can produce copper concentrate from this the Lumwana copper project for at least 14 years. The development has already been subjected to an EIB-approved environmental impact assessment, which has ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.