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Zambian copper mining under threat, stable rules needed – mining chief

Hit by a slump in copper prices, Zambia should maintain stable mining policies and taxes to avoid losing out to new, lower cost mines elsewhere, Chamber of Mines of Zambia president Nathan Chishimba said on Wednesday. Zambia is Africa’s second-biggest copper producer, but Chishimba said companies faced challenges including old mines, deep ore bodies, low grades, low productivity and regulatory instability.