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CAPE TOWN (Reuters) – Zambia has received offers from First Quantum Minerals (FQM) from Canada and other parties for a 17% stake in ZCCM-IH, the North American mining investment arm. announced Tuesday the Minister of Finance.
"There are several unsolicited offers on the table, including from the FQM, which are based on preferential share conversions," said Margaret Mwanakatwe on the sidelines of a mining conference in Cape Town. Town.
"The offers concern the 17% stake of the ministry in ZCCM-IH and a sale would be subject to the approval of the firm," she said.
Reportage of Barbara Lewis; Edited by Edmund Blair; Written by Zandi Shabalala and Chris Mfula; Montage of bad
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