Tragically undermined - Zambian copper; Zambian copper.(Zambia's copper mines are an object lesson for the rest of Africa)(Industry Overview) From: The Economist (US) | Date: June 1, 2002 | COPYRIGHT 2002 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Only two years ago, Zambia's rich copper mines were privatised. Now they are struggling to stay open. Their fate is an object lesson for the rest of Africa

ZAMBIA'S copper industry, which only last year still boasted a rosy future, seems to be staggering towards a rather gloomier end. A group of worried bystanders--the World Bank, the Zambian government, private investors, the mine workers and their families--are looking on, wringing their hands. Some 15,000 jobs and Zam...