Deep sea mining puts $560 billion in land extraction at risk — report
Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.
Sibanye Stillwater said on Tuesday that a process to choose a buyer for Zambia’s Mopani Copper Mines in which it has expressed interest is still ongoing.
The Johannesburg-based precious metals producer, which is among mining investors short-listed to buy the copper mines owned by Zambia’s state-owned firm ZCCM-IH, said a competitive process to determine a successful bidder is under way.
(By Felix Njini; Editing by Jason Neely)
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