Zambia - What Would it Take for Zambia’s Copper Mining Industry to Achieve Its Potential?

This report is part of a series produced by the World Bank's Africa Finance and Private Sector Development Unit (AFTFP). This report explores the potential contribution that the copper mining industry could make to jobs and prosperity in Zambia, and what it will take to achieve this potential. Copper has for many years played an important role in Zambia's economy, and the performance of the economy has followed the fortunes of copper mining closely. This report investigates the role copper mining could play in achieving the government's objectives of increasing economic growth and jobs in the future. Although 40 percent of the country has not been geologically surveyed, Zambia is recognized by the international mining industry as having good mineral potential. Zambia possesses 6 percent of known world copper reserves. According to the highly-respected Fraser Institute survey of mining and exploration companies, Zambia ranks 26th out of 79 jurisdictions worldwide for mineral potential. In Africa, only the Democratic Republic of Congo (DRC) and Burkina Faso have appreciably higher mineral potential scores.

Bibliographic Details

Main Author:	World Bank
Format:	PSD, Privatization and Industrial Policy biblioteca
Language:	English
Published:	World Bank 2011-06-01
Subjects:	ACCOUNTING, AGRICULTURE, ARBITRATION, AVAILABILITY OF RESOURCES, BALANCE OF PAYMENTS, BANK LENDING, BANKING SYSTEM, BASE METALS, BASIC METALS, BENEFICIARIES, BENEFIT ANALYSIS, BUSINESS ENVIRONMENT, CASH FLOW, CASH FLOWS, COBALT, COMMODITY, COMMODITY PRICES, COMPARATIVE ADVANTAGE, COMPETITIONS, COMPETITIVE MARKETS, COMPETITIVENESS, CONSUMER DURABLES, COPPER, COPPER MINE, COPPER MINES, COPPER MINING, COPYRIGHT CLEARANCE, COPYRIGHT CLEARANCE CENTER, CORPORATE TAX, CORPORATE TAXES, COST ANALYSIS, COUNTRY RISK, CURRENCY, DEPOSITS, DEVELOPMENT AGENCY, DEVELOPMENT BANK, DIVIDEND, DIVIDENDS, ECONOMIC ACTIVITY, ECONOMIC GROWTH, ECONOMIC LIFE, ECONOMIC STABILITY, ECONOMICS, EMERGING ECONOMIES, ENVIRONMENTAL, ENVIRONMENTAL COSTS, ENVIRONMENTAL IMPACTS, ENVIRONMENTAL ISSUES, ENVIRONMENTAL REGULATIONS, EQUIPMENT, EXCHANGE RATE, EXCHANGE RATES, EXPENDITURE, EXPLOITATION, EXPLORATION ACTIVITY, EXPLORATION AND MINING, EXPLORATION COSTS, EXPLORATION EXPENSES, EXPLORATION LICENSES, EXPORT BASE, EXPORTER, EXPORTERS, EXPORTS, FINANCIAL CRISIS, FINANCIAL RESOURCES, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN INVESTMENT, FOREIGN INVESTORS, GDP, GDP DEFLATOR, GEOLOGICAL INFORMATION, GEOLOGICAL SURVEY, GEOLOGICAL SURVEYS, GLOBAL ECONOMY, GOOD GOVERNANCE, GOVERNMENT INTERVENTIONS, GOVERNMENT POLICIES, GOVERNMENT REVENUE, GOVERNMENT REVENUES, GROSS DOMESTIC PRODUCT, GROSS VALUE, GROWTH RATE, HOLDING, HOLDINGS, HUMAN CAPITAL, HUMAN DEVELOPMENT, INCOME, INCOME TAX, INFLATIONARY PRESSURES, INTERNAL REVENUE, INTERNATIONAL BANK, INTERNATIONAL COURT, INTERNATIONAL DEVELOPMENT, INTERNATIONAL MARKETS, INTERNATIONAL MINING, INTERNATIONAL STANDARDS, INVESTING, INVESTMENT CLIMATE, INVESTMENT MANAGEMENT, INVESTOR CONFIDENCE, JOB CREATION, JOINT VENTURE, JURISDICTION, JURISDICTIONS, LABOR COSTS, LABOR FORCE, LABOR PRODUCTIVITY, LACK OF TRANSPARENCY, LAND CLAIMS, LAND USE, LARGE-SCALE INVESTMENT, LEGAL DISPUTE, LEVIES, LEVY, LIQUIDITY, LOCAL GOVERNMENT, MANUFACTURING INDUSTRY, MARKET SHARE, MEDIUM ENTERPRISE, METALS, MINE CLOSURE, MINERAL POTENTIAL, MINERAL PROJECTS, MINERALS DEVELOPMENT, MINERALS INDUSTRY, MINES, MINING ACTIVITIES, MINING AND MINERALS, MINING AREAS, MINING COMPANIES, MINING COMPANY, MINING INDUSTRY, MINING INVESTMENT, MINING LICENSES, MINING OPERATIONS, MINING POLICIES, MINING PROJECT, MINING TAX REGIME, MINING TAXATION, NATURAL RESOURCE, NATURAL RESOURCES, NEGATIVE SHOCKS, OLD MINES, OPERATING ENVIRONMENT, OPPORTUNITY COST, ORES, OUTPUT, PAYMENT OF DIVIDENDS, PLEDGES, POLICY ENVIRONMENT, POLICY MAKERS, POLITICAL STABILITY, POLITICAL SYSTEM, POTENTIAL INVESTORS, POWER OUTAGES, PRICE BENCHMARK, PRICE RISK, PRICE VOLATILITY, PRIVATE SECTOR DEVELOPMENT, PRIVATIZATION, PRODUCERS, PRODUCTION COSTS, PUBLIC INVESTMENT, PUBLIC POLICY, QUARRYING, RAPID ECONOMIC GROWTH, RAPID GROWTH, RATE OF RETURN, REAL GROWTH RATES, REFINING, REMITTANCES, REPUTATION, RESERVES, RESOURCE CURSE, RESOURCE DEPLETION, RETAINED EARNINGS, RETURN, RETURN ON INVESTMENT, RETURNS, RISK PREMIUM, ROYALTY PAYMENT, ROYALTY PAYMENTS, SAVINGS, SETTLEMENT, SOCIAL INVESTMENT, SOCIAL ISSUE, SOCIAL ISSUES, STOCKS, SULFURIC ACID, TAILINGS, TAX, TAX CONCESSIONS, TAX POLICIES, TAX RATE, TAX REGIME, TAX REGIMES, TAX REVENUE, TAX REVENUES, TAX STRUCTURE, TAXATION, TECHNOLOGICAL ADVANCES, TELECOMMUNICATIONS, TRANSACTION, TRANSPARENCY, TREASURY, URBANIZATION, VALUE ADDED, VOLATILE EXCHANGE RATE, WAGES, WITHHOLDING TAX, WITHHOLDING TAXES, WORLD MARKET, WTO,
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20110818023945 http://hdl.handle.net/10986/2772
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