The liquidation application was brought against Vedanta-controlled KCM by Zambian state-owned ZCCM-IH
Government plans to avoid license breaches as evidenced with the Vedanta unit Konkola Copper Mines (KCM)
The tender was for the construction of a new suburb in the capital Luanda.
In January, President, Emmerson Mnangagwa announced a more than 100 per cent increase in fuel prices to tackle supply shortages.
Finance Minister Mthuli Ncube tweeted that the loan had been secured from international banks
The World Bank’s International Development Association will finance a project supporting the sustainable use of natural resources
Three years ago, power cuts that extended up to 18 hours hit production at gold mines
Expected demand from Europe has been linked as one of the motivations for this, with the hope of selling at higher prices.
Barrick has said it plans to shed $1.5 billion of less productive mines.
The rand is responding strongly to international events, which introduced risk into foreign exchange markets.