Zambia’s ZCCM-IH in talks with Glencore over Mopani Copper Mines stake

Glencore and Zambia’s mining investment arm ZCCM-IH are in talks about ZCCM-IH acquiring additional shares in Glencore subsidiary Mopani Copper Mines, Glencore and Zambia’s mines minister said on Tuesday. ZCCM-IH holds a 10% stake in Mopani Copper Mines. Glencore is the majority owner with 73.1% and First Quantum Minerals owns 16.9%.