mineral exploration project – commodity prices – mining stock- trade and market

Zambia’s largest mineworkers’ union said on Monday it had agreed on wage increases with some of the country’s top mining firms, averting possible strikes by workers that would have dented output.

Mining unions in Zambia, Africa’s leading copper producer, last month threatened to go on strike if mining companies did not give members pay increases above the country’s inflation rate, which slowed to 9.6 percent year-on-year in January.