Copper Lures Anglo American Back To Zambia After 11-Year Absence

Bloomberg reported that Anglo American has returned to Zambia seeking copper after a 11-year absence, a sign that producers are looking to extend their global reach to take advantage of rising prices.

As quoted in the market report:

Anglo is operating in northwestern Zambia where the government granted it two exploration licenses in December, PranillRamchander, a spokesman for the London-based company, said by e-mail.

To view the whole Bloomberg report, click here.