The Zambian mining sector is on track to reach its annual production target of one million tons by 2012, according to the country’s Chamber of Mines.

The Chamber is expecting increased investment in the sector during 2011, driven by high global copper prices, reports Reuters.

Chamber of Mines president Nathan Chishimba said the country received $2bn in mining investment in 2010 and will continue to attract further investment going forward in view of Zambia’s stable tax policies.

The government agreed in November 2010 to continue the existing mining tax for the next ten years to provide stability to mining investors.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData