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Vol 58 No 11

Published 26th May 2017


Secret deal to end copper war

President Lungu and First Quantum are to settle the dispute out of court – to the dismay of the state copper boss

After weeks of high stakes gamesmanship over claims that First Quantum Minerals had cheated Zambia out of as much as US$2.3 billion, President Edgar Lungu has ordered his officials to negotiate an out-of-court settlement with the company. In what some anti-corruption campaigners in Lusaka see as a blow to calls for greater political and commercial transparency, the settlement negotiations will be behind closed doors.

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