Mend your relations with investors to benefit from high copper prices, Magande urges govt

FORMER Finance Minister Ng’andu Magande says government and investors should work on their relationship so that they can take advantage of the high copper prices. In an interview, Magande said lack of a good relationship between government and the investors in the mining industry had contributed to low copper production. “There is poor relationship between government and the investors in the mining industry which has led to low morale and resulted in low copper production when prices are at their highest level. The interesting aspect is that copper prices now are at the highest from US$6,000 in 2019 and now we are talking of nearly US$10,000 per tonne. Because of demand, the price has gone up. What are we doing…...