We never agreed to endorse President Banda, says Chief Haamusonde

More chiefs in Southern province have distanced themselves from the Royal Foundation of Zambia Southern province chapter’s declaration of support for President Rupiah Banda’s candidature in this year’s general election. In an interview with the Watchdog Monday, chief Haamusonde of Monze West said it is misleading for chief Mukuni to announce a binding declaration without […]

Lumwana mine gets new owner

Barrick Gold Corp. (ABX), the world’s biggest gold company, agreed to buy Equinox Minerals Ltd. (EQN) for C$7.3 billion ($7.68 billion) in cash, trumping an offer by Minmetals Resources Ltd. (1208) Barrick bid C$8.15 per Equinox share, the Toronto-based mining company said today in a statement. A previous offer from China’s Minmetals was for C$7 […]