CAPITAL MARKETS

Zambia seeks US$150-200 million for Anglo pullout

ZAMBIA is reportedly seeking up to US$200 million in exit payments from Anglo American and an orderly exit from its troubled operations in Zambia's copperbelt.

Greg Tubby

Talks between Anglo and the Zambian government to agree the mode of Anglo's pull-out, short-term equity financing for the mines and Anglo's other obligations are due to commence in London today, Reuters...

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