J&W still in talks over former Ramcoz mines

J&W Holding is still in negotiations with the Zambian government over its purchase of the Baluba and Luanshya copper-cobalt mines, more than four months after it s successful bid was announced.

The mines were previously operated by Roan Antelope Mining Corp (Ramcoz), which was controlled by the Binani Group of India. Unable to pay its debts, Ramcoz went into receivership in 2000. Both mines have...


July 29, 2003

12:29 GMT