The Rhodesian Selection Trust (RST) was a mining Corporation which produced copper from the Copperbelt region of Northern Rhodesia, now Zambia.
[4][5] In February 1964, firm Chairman Sir Ronald Prain, who had insisted RST offer copper outside the speculative London Metal Exchange at a price below the exchange level, argued alongside the Anglo-American Corporation of South Africa "for maintaining copper price stability".
[6] On October 23, 1964, in a letter to stockholders, Chairman Prain noted that the date marked the first day of independence of the Republic of Zambia, previously Northern Rhodesia.
"He said that Zambia has a larger white population than any other country in tropical Africa now under an African Government and added, 'It is gratifying to record that race relations are excellent.
[8] "The amalgamation will be effected under an arrangement before Zambia's high court that will also provide that a substantial portion of the Roan assets be received by other than Amax shareholders.