• Kwacha will remain under pressure in the first quarter despite mine investments that are coming through.• This is because production may not take effect immediately.• Zambia remains in a default state making it unattractive to foreign investment, hence the…
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• There are serious challenges at the two major mines. • Vendetta left KCM in ICU. • Covid brought challenges to the mines. Mine Workers Union of Zambia (MUZ) says it is working tirelessly in stabilizing operations at Mopani and…
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• Mopani Copper Mine is likely to flourish in the hands of ZCCM-IH than before. • Acquisition of the majority shares in the mining firm by ZCCM-IH was a business transaction and not nationalization. • 100 percent shares in Mopani…
Continue Reading • The second phase is to get an equity partner so as to move on in terms of the issues pertaining to production. • The search has started and it is bearing fruit. • Over 7 companies have expressed interest…
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• Put in the much needed liquidity in of Mopani Copper Mine. • Open up the mine to other investors. • With the acquisition of 100% shares ZCCM-IH will now be able to decide the direction of the mine. An…
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An Association that represents mine suppliers and contractors says the decision by Mopani Copper Mines to halt operations at two shafts will lead to loss of employment for close to 700 people on the Copperbelt province. Association president Augustine Mubanga…
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The Zambia Chamber of Mines says the has described the announcement by Mopani Copper Mine to close two of its mines as sad development. Speaking in an interview with Money FM News Chamber Chief Executive Officer Sokwani Chilambo says the…
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Joseph Tembo