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Barrick to halt Lumwana mine in Zambia after tax hike

Cecilia Jamasmie | December 18, 2014 | 1:00 pm Base Metals Precious Metals Africa Canada Europe Copper Gold Silver 

[caption id="attachment_811802" align="aligncenter" width="600"] Lumwana, located in Zambia's Northwestern Province. (Image courtesy of Barrick Gold)[/caption] Canada’s Barrick Gold (NYSE:ABX)(TSX:ABX) said Thursday it will suspend operations at its Lumwana copper mine in Zambia, after the country increased this week mining royalties...

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