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Newly JSE-listed Shuka says experiencing supportive Zambian govt approach to mining
The Johannesburg Stock Exchange’s (JSE's) newly listed Shuka Minerals states in its listing presentation that it is already experiencing the “fresh approach” of the government of Zambia to mining as its sets out to revive a base metals mine once run by Anglo American. The Zambian zinc-and-lead Kabwe mine operated for 88 years before closure at a time of commodity price downturn and Shuka is now intent on “breathinh new life” into the asset, which benefited from very few modern exploration techniques when in operation from 1904 to 1994.
The Johannesburg Stock Exchange’s (JSE's) newly listed Shuka Minerals states in its listing presentation that it is already experiencing the “fresh approach” of the government of Zambia to mining as its sets out to revive a base metals mine once run by Anglo American. The Zambian zinc-and-lead Kabwe mine operated for 88 years before closure at a time of commodity price downturn and Shuka is now intent on “breathinh new life” into the asset, which benefited from very few modern exploration techniques when in operation from 1904 to 1994.
