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2,500 Zambian Villagers to be Compensated by
Feb 11, 2021The claim was brought by the thousands of locals — including 642 children, against Konkola Copper Mines Plc and its parent company, UK
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Vedanta Resources
Konkola Copper Mines Plc (KCM) is the largest mining and Metals Company in Zambia with annual capacity of 200,000 metric tonnes of copper. KCM operates the Konkola and Nchana open pit copper mines, the Numpundwe pyrite mine and a copper smelter. Together these mines account for approximately 67 percent of Zambia's total metal output.
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Zambia denies report it shuttered Konkola Copper
May 06, 2021Published. May 6, 2021 5:04AM EDT. Zambia's Konkola Copper Mines (KCM) has not been temporarily or permanently shuttered, the state-appointed provisional liquidator of the copper mine
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Konkola Copper Mines
Zambia's Konkola Copper Mines (KCM) is not producing copper, the chief executive of the mining firm's owner Vedanta Resources said on Friday. Vedanta is fighting Zambia's decision this month to name a provisional liquidator to run Vedanta Resources' 90,000 tonnes KCM business and said in a statement that it was seeking international arbitration.
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Konkola Copper Mines
Operations. KCM currently produces 2 million tons of copper ore per year. The company's Konkola Deep Mining Project will expand its capacity to 6 million tons of ore per year.. Facilities include: [citation needed] Konkola Copper Mine; Nchanga Copper Mines near Chingola, also producing cobalt; Nchanga ore concentrator Plants; Nampundwe Pyrites Mine (pyrites are used in the copper smelting process)
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konkola copper mines
Vedanta's Zambia unit halts copper production after power outage. Zambia's Konkola Copper Mines (KCM) owned by London-listed Vedanta Resources halted production on Monday after a nationwide power outage, a company spokesman said on Tuesday. Spokesman Shapi Shachinda said production at both the Nchanga
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Major Mines Projects
Konkola Underground Mine is located Chililabombwe, Zambia. On 21 May 2019, ZCCM Investments Holdings Plc (ZCCM), a company majority owned by the Government of the Republic of Zambia (GRZ), which owns 20.6% of the shares in Konkola Copper Mines Plc (KCM), filed a petition in the High Court of Zambia to wind up KCM (Petition) on "just and equitable" grounds.
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Konkola Copper Mines Archives
Dec 09, 2015hingola, 4th November 2015 – Konkola Copper Mines (KCM)has reaffirmed its commitment towards Zambia's development agenda despite the current challenges it is facing that have affected its operations.. KCM Chief Executive Officer Steven Din says the company's investment in the mines amounting to $3 billion dollars over the last eleven (11 years) is a clear demonstration of its
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Zambian court denies Vedanta attempt to halt Konkola
Feb 01, 2021A Zambian court on Monday dismissed a motion by miner Vedanta Resources' seeking to stop a state-appointed provisional liquidator from splitting up its Konkola Copper Mines
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Zambia mines minister takes aim at Konkola liquidation
Sep 20, 2021KCM concentrator. (Image courtesy of Konkola Copper Mines) Zambia's mines minister on Monday criticised the previous administration's push to liquidate Vedanta's Konkola Copper Mines
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Zambian court blocks Vedanta's bid to
The Lusaka High Court of Zambia has reportedly blocked Vedanta Resources' bid to stop the sale of Konkola Copper Mines (KCM) business. Zambia is Africa's second biggest copper producer. KCM, which is 20% owned by Zambia's state mining company and 80% owned by Vedanta, has been accused of violating its licence terms, reported Reuters.
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Konkola Copper mines statement on CEC
Jun 01, 2020Konkola Copper Mines (KCM) acknowledges having seen a media statement, dated 29 May 2020, issued by the Copperbelt Energy Corporation (CEC) in
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MiningWeekly
Zambian copper mine plans to lift ouput. 2nd November 2001 Zambia's Konkola Copper Mines said it would increase copper production in 2002 by 20% from a projected figure of 240 000 tons this year
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Konkola Copper Mines
Economic circumstance. From its three mines – Konkola, Nchanga and Nampundwe – KCM currently produces 140,000 tonnes of copper per annum. "At Konkola, we are targeting 3.5 percent growth this year and we are putting all our energies into achieving a higher standard of operational efficiency and more stringent safety practices across these
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Joshua Simukonda
Oct 05, 2021Company Konkola Copper Mines. Location. Stand M/1408, Fern Avenue, Chingola, Copperbelt,Zambia. Metals Minerals, Mining, Metals Mining . Description. Headquartered in Zambia, Africa, Konkola Copper Mines PLC (KCM) is primarily engaged in the exploration for mining, production and sale of copper and copper by-products. KCM is a
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Zambia's Konkola Copper Mines liquidator arrested, calls
Sep 29, 2021LUSAKA (Reuters) – The state-appointed provisional liquidator of Konkola Copper Mines (KCM), Milingo Lungu, has been arrested and charged with laundering more than $2 million, Zambia's money
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KONKOLA COPPER MINE, ZAMBIA
Nov 14, 2015THE CHALLENGE. Konkola Copper Mines needed to treat a raw water supply from the Zambian Kafue River to meet four different grades of water for use at the smelter. PROXA's responsibility included the pumping, control and supply of the raw
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Provisional liquidator of Zambia's Konkola Copper Mines
Sep 30, 2021The State-appointed provisional liquidator of Konkola Copper Mines (KCM), Milingo Lungu, has been arrested and charged with laundering more than $2-million, Zambia's Drug Enforcement Commission, which also handles money-laundering cases, said on Wednesday. The money is
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Copperbelt Energy Corp will no longer
Jun 02, 2020In Zambia, the Copperbelt Energy Corp (CEC) will stop supplying electricity to Konkola Copper Mines (KCM), the local branch of the Vedanta Group, from next Monday, reports Reuters . This judgment comes after the failure of negotiations between the two parties on the settlement of the amount due by the mining company to the energy company.
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Zambia : The cost implications of the Konkola Copper Mines
Aug 15, 2019The cost implications of the Konkola Copper Mines Debacle. Judge Bobo's decision to dismiss Vedanta's application on August 8, 2019 to halt the liquidation process of Konkola Copper Mines
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A Copper Mining Lesson From Zambia
May 23, 2019Staff of Acacia Mining Plc have been arrested and the government has threatened to fine the company $190 billion. Vedanta's request for a meeting with Lungu has been rebuffed. The intervention by state-owned ZCCM Investments Holdings Plc to have Konkola liquidated is "lawful, orderly and under the due process," the president's spokesman
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Zambia's Konkola Copper Mines liquidator arrested, calls
Sep 29, 2021Zambia's Konkola Copper Mines liquidator arrested, calls money-laundering charges 'baseless' Back to video Lungu called the allegations leveled by the commission "baseless and untrue" in a statement issued by KCM's corporate affairs department later on Wednesday.
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Zambia : Konkola Copper Mines starts oxygen distribution
Jul 28, 2021Konkola Copper Mines (KCM) announced today that it has started supplying oxygen to Government run hospitals and health facilities on the Copperbelt as
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Overview
Overview. As a diversified natural resources company, Vedanta is committed to delivering sustainable and responsible growth, which creates value for both our shareholders and all our stakeholders. We proactively engage to incorporate sustainability in all our practices. We are committed to sustainability in our mining practices, energy
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Big rise in Konkola copper output
Jul 15, 2008Number One shaft at the Konkola mine in Zambia Lusaka, Zambia — MININGREVIEW.COM — 15 July 2008 – Zambia's biggest copper producer – Konkola Copper Mines (KCM) – is to raise its annual copper cathode output by two-thirds from 150 000 tonnes in its 2007/8 year to 250,000 tonnes in 2008/09, and has started commissioning a major new smelter.
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Greater emphasis on safety at Konkola
Sep 14, 2018STRICT SAFETY STANDARDS Following four fatalities at Konkola Copper Mines this financial year, the mine has implemented a new safety programme PRODUCTION BOOM Konkola Copper Mines is reporting a
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KCM TRASHES BLOOMBERG REPORT ON MINE CLOSURE
May 06, 2021Konkola Copper Mines has dispelled as false information attributed to Bloomberg suggesting that operations of the mine and its two subsidiaries at the Konkola Deep mine have been shut down. KCM General Manager for Corporate Affairs, Shapi Shachinda, in a statement issued today explains that ever since the mine was placed under liquidation in
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Vedanta wins Zambian appeal in Konkola Copper
Nov 20, 2020A Zambian court on Friday ordered a stay on liquidation proceedings for Konkola Copper Mines (KCM) to allow owners Vedanta and ZCCM-IH to proceed to
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Zambia Govt. gambling with Konkola Copper as
Nov 19, 2019David McKay. -. Nov 19, 2019. Konkola Concentrator. SIX months have passed since the Zambian government opened court proceedings to liquidate Konkola Copper Mines (KCM), but the firm's majority shareholder, Vedanta Resources, is none the wiser as to the assets' fate. "The government hasn't formally reached out," says Deshnee Naidoo
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Vedanta Resources Limited is the holding company for Vedanta Limited and Konkola Copper Mines, which in turn have multiple subsidiaries. We are run by a unified board and management. Our corporate goal is to create long-term shareholder value through research, discovery, acquisition, sustainable development and utilisation of natural resources.
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Zambia's Konkola Copper Mines liquidator arrested, calls
Sep 29, 2021Zambia's Konkola Copper Mines liquidator arrested, calls money-laundering charges "baseless" FILE PHOTO: An aerial view of the Konkola mine project in Chililabombwe, 500km (300miles) north
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Chingola
Chingola is a city in Zambia's Copperbelt Province, the country's copper-mining region, with a population of 216,626 (2010 census). It is the home of Nchanga Copper Mine, a deep-shaft high-grade content copper mining operation, which subsequently (in the 1960s) led to the development of two open pit operations, Chingola Open Pit and then Nchanga Open Pit (the latter being the second largest
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