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Zambia raises funds to wipe out Glencore debt

Glencore would get US$150 million bonus if copper tops US$12,000/t

William Clarke
The Mopani copper operation in Zambia

The Mopani copper operation in Zambia

Zambia's state-owned mining firm has offered Glencore a sweetener in debt restructuring negotiations over the Mopani mine. The state-owned ZCCM-Investment Holdings bought out the massive Mopani copper...

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