Africa

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Description: Government incentives are paying off for Zambia's copper sector, with output expected to surpass 740,000 tons this year for the first time, pushing it above the record highs of the early 1970s. Copper accounts for some 70% of Zambia's foreign currency revenues. With copper production booming, the Zambian government is now pursuing new investments in the country's gold, diamond, silver and manganese mining sectors. The nation's economy grew by 7.1% in 2010 and is expected to grow by 6.4% this year, driven mainly by increased mining output and investments.
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