Yet another alarming article appears Will Munali Nickel Mine rise again? 'The minister has since directed Zambia Consolidated Copper Mine - Investment Holding (ZCCM-IH) who owns 0.97 per cent shareholding in Albidon Limited (Munali Nickel Project) to explore alternative options to revive the mine which is currently under care and maintenance.
He noted that the Government, through ZCCM-IH was considering taking over the operations of the mine, adding that they were actively involved in ensuring that the mineral resources benefit the people.'
Surely it is time to update all shareholders as to the true picture here.
ALB Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held
