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Zambian mining company secures AfDB loan

01 October 2006

The African Development Bank (AfDB) has approved a loan of $43 million for the Zambia-based Lumwana Mining Company. Lumwana is the operating company for the Lumwana copper project, owned by Equinox Minerals of Australia.

This AfDB-backed project involves the development of an opencast mine in the north western province of Zambia, 95 kilometres south...


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