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

World Bank

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

2011

World Bank

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.

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AGROVOC Keywords

accounting agriculture balance of payments cash flow cobalt copper cost analysis economic growth economics equipment exchange rate expenditure exports foreign investment geological surveys gross domestic product growth rate human capital income income tax international bank joint venture jurisdiction land use levies levy liquidity local government metals natural resources price volatility privatization production costs public investment refining remittances resource depletion returns savings stocks sulfuric acid taxation telecommunications urbanization value added wages wto

Bibliographic information

Publisher

World Bank

Other Subjects

Tax; Tax regimes; Exchange rates; Export base; Mining policies; Social issue; Land claims; Copper mines; Exploration expenses; Benefit analysis; Technological advances; Tailings; Reputation; Currency; Environmental regulations; Opportunity cost; Price risk; Output; Labor costs; Quarrying; Reserves; Social issues; Tax revenues; Risk premium; Country risk; Basic metals; Corporate tax; Resource curse; Dividend; Legal dispute; Volatile exchange rate; Mining company; Minerals development; Market share; Tax structure; Gross value; Payment of dividends; Lack of transparency; Development bank; Treasury; Arbitration; Exploration and mining; Availability of resources; Human development; International court; Mining activities; Real growth rates; Copper mine; Investor confidence; Geological information; Government revenue; Mining industry; Mining investment; Foreign investors; Royalty payment; Foreign exchange; Consumer durables; Cash flows; Environmental issues; Dividends; Mining and minerals; Mining operations; Manufacturing industry; Withholding tax; Power outages; Environmental; Public policy; Tax revenue; Social investment; Rapid economic growth; Financial crisis; Deposits; Pledges; Global economy; Holding; International markets; Rapid growth; Potential investors; Labor force; Labor productivity; Emerging economies; Political stability; Jurisdictions; Negative shocks; Mining taxation; Mining project; Development agency; Investment climate; Competitive markets; Return; Gdp deflator; Corporate taxes; Investing; Economic stability; Policy environment; Competitiveness; Economic activity; Government policies; Internal revenue; Comparative advantage; Mining companies; Mines; Investment management; International standards; International development; Bank lending; Copper mining; Old mines; Mining tax regime; Tax regime; Retained earnings; Banking system; International mining; Tax rate; World market; Exporter; Competitions; Natural resource; Economic life; Job creation; Ores; Base metals; Transaction; Good governance; Exploitation; Withholding taxes; Price benchmark; Producers; Mineral projects; Exploration costs; Mining areas; Transparency; Copyright clearance center; Tax policies; Large-scale investment; Government interventions; Government revenues; Exploration activity; Rate of return; Foreign direct investment; Beneficiaries; Copyright clearance; Environmental impacts; Exporters; Inflationary pressures; Geological survey; Private sector development; Tax concessions; Mine closure; Environmental costs; Political system; Operating environment; Medium enterprise; Holdings; Minerals industry; Gdp; Commodity prices; Commodity; Mineral potential; Mining licenses; Royalty payments; Policy makers; Business environment; Settlement; Return on investment; Financial resources; Exploration licenses

Language

English

Format

application/pdf, text/plain

License

CC BY 3.0 IGO, http://creativecommons.org/licenses/by/3.0/igo/, World Bank

In AGRIS since: 2024-10-18

Modification date: 2025-05-23

Format: Dublin Core

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