By Peter Bachmann

Zhonghui International Mining is investing USD2 bn in new mines and in a construction of a new town in Zambia, African news wires report.

Charles Shi, President of Zhonghui, announced the investment during a meeting with Felix Mutati, Zambia's Minister of Commerce, Trade and Industry, at the Beijing headquarters.

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Posted by boyang at September 19, 2008 11:28 AM