Feb 11, 2018· "You secure a mining license with the communities around you, so you've got to know what's happening, what people are finding difficult. You've got to fill the communication gap. The mining company also has to be prepared, where the government isn't doing what it should be doing, to fill that gap, too," he said.
Read more...Sep 14, 2015· That will weigh on Zambia's "increasingly precarious fiscal and external positions," she said. Former Zambian President Michael Sata in 2013 threatened to withdraw the mining license of Vedanta Resources Plc's local unit after the company said it would fire more than 1,500 workers at Konkola Copper Mines Plc.
Read more...Sep 29, 2021· The State-appointed provisional liquidator of Konkola Copper Mines (KCM), Milingo Lungu, has been arrested and charged with laundering more than $2 …
Read more...Licences viz. Nama PLLS0001, Luamfula PLLS53, Kalimba PLLS0002, Ngosa PLLS55 and the more recently acquired Konkola West PLLS175in the area now covered by the Retention Licence. The rights and obligations of the holders of the licences are outlined in the summary below. 6.1 Overview of Zambia's Mines and Minerals Law
Read more...Konkola Copper Mines. Vedanta Limited-Copper. Vedanta has copper smelting and mining operations across India, Australia and Zambia. Total mined metal production in 2015-16 was 123 kt and 182 kt of finished copper. The production of copper cathodes was 384 kt in FY16. 79.4% of our Zambian copper business (Konkola Copper Mines is directly owned ...
Read more...Nov 05, 2013· Mineworkers Union of Zambia wants KCM mining license revoked. THE Mineworkers Union of Zambia (MUZ) has called on Government to find another equity partner for Konkola Copper Mines (KCM)'s ...
Read more...neglected to cancel the 6th defendant's licence from 2007 - 2009. However, on 22nd October, 2009, over a year from the date of the Consent Judgment, the plaintiff's licences were cancelled again by the Minister of Mines at the time. After the said cancellation, mining licences were issued to …
Read more...system by the mlne s~fety Department (MSD) of the ministry of mines. Under mining Regulations (mii~ing dumps) of 1972, the permit system includes; i. Dump i ng site app rova 1 wh i ch requ i,"e an independent op i n i on of a competent person on the design and construction of the dam. ii.
Read more...Feb 08, 2021· In a ruling that is set to be a blow to Vendanta Resources, a company owned by India, on Monday the Zambian court rejected a motion by miner Vedanta Resources to stop a state-appointed provisional liquidator from breaking up and selling the properties …
Read more...Konkola Copper Mines (KCM) is one of the largest mining operations in Zambia and is the only one with operations in four locations, including Chingola, Chililabombwe, Nampundwe and Kitwe, playing a key role in the communities around these mining areas. KCM is Zambia's largest integrated copper producer, with an entire production value chain ...
Read more...Mining For Copper At Konkola Copper Mines Plc's Nchanga Mine. Mining wagons sit on rail tracks in an underground tunnel at the 296 meter level at the Nchanga copper mine, operated by Konkola Copper Mines Plc, in Chingola, Zambia, on Thursday, March 17, 2016. Konkola Copper Mines is a unit of Vedanta Resources Plc, the mining company founded by ...
Read more...Aug 01, 2021· "Furthermore, one condition of Peak's mining licence involves establishing an Economic Framework Agreement with the Tanzanian Government, where 16% of the project is …
Read more...Sep 30, 2021· 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 Drug Enforcement Commission, which also handles money-laundering cases, said on Wednesday. "The money is …
Read more...The Government of Zambia plans to take over Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources, due to alleged mining breaches and introduce a new investor to manage the operation. Zambia President Edgar Lungu said that the government has filed a notification of plans to strip KCM of ifs operating licence and take over Vedanta's ...
Read more...Dec 01, 2019· On Thursday, 28 November 2019, the Lusaka High Court granted the Board of Konkola Copper Mines (KCM) and Vedanta Resources Holdings Ltd (Vedanta) an injunction order preventing the sale of KCM ...
Read more...Sep 29, 2021· 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 Drug Enforcement Commission, which also handles money-laundering cases, said on Wednesday.
Read more...Sep 11, 2020· Amid the challenges facing the Zambian mining industry, partially because of Covid-19, government has committed to waiving penalties and interest on the late payment of taxes, explains advisory firm KPMG Zambia tax partner Michael Phiri.. The Central Bank has also set aside about R9-million, which can be accessed by companies in distressed, including those in the mining sector, …
Read more...Sep 30, 2021· Meanwhile, Kabuswe says the future of Konkola Copper Mines (KCM) and Mopani Copper Mines (MCM) is bright. Kabuswe said youths must form cooperatives for them to be issued with artisanal mining licences by the Ministry of Mines and Minerals Development. On June 20, 2018, Kitwe's Nkana copper slag dump, commonly known as Black Mountain, caved ...
Read more...109 SUSTAINING SOCIAL LICENCE TO OPERATE USING COMMUNITY ENGAGEMENT: A CASE OF KONKOLA COPPER MINES - NCHANGA, ZAMBIA *Mazyopa, L.a and Chileshe, P. R. K.b a Konkola Copper Mines plc and School of Graduate Studies, Copperbelt University, Kitwe, Zambia
Read more...Jan 11, 2018· As part of effort to speed up radiological diagnostic services for the Konkola Copper Mines medical services, the company has commissioned new x-ray medical facilities at it Nchanga South Hospital. Valued at US$135 000, the facilities will serve a catchment population of over 63 000 in four towns – Chililabombwe, Chingola, Kitwe and Nampundwe.
Read more...Sep 29, 2021· LUSAKA (Reuters) - The state-appointed provisional liquidator of Konkola Copper Mines (KCM), Milingo Lungu, has been arrested and charged with …
Read more...Dec 01, 2019· PROVISIONAL Liquidator of Konkola Copper Mines Milingo has been stopped from selling the company's mining rights areas to Rephidim, Mimbula and Moxico Resources Zambia at a sum of US$20,000,000. The Lusaka High Court has granted Vedanta Resources Holding Limited an injunction restraining Lungu from selling the mining right areas of KCM.
Read more...Welcome to Konkola Copper Mines. Konkola Copper Mines plc (KCM), one of Africa's largest integrated copper producers, is a subsidiary of Vedanta Resources Plc, one of the world's largest diversified natural resources companies.
Read more...Nov 04, 2013· * Zambia warns may revoke Konkola licence * Copper mining firm plans to scrap over 1,500 jobs * Sata's populism may deter investors. LUSAKA, Nov 4 (Reuters) - …
Read more...Sep 29, 2021· Zambia's previous government handed control of KCM to the provisional liquidator in May 2019, triggering a legal battle with Vedanta Resources, KCM's parent company. The government accused Vedanta at the time of failing to honour licence conditions, including promised investment. Vedanta has previously denied KCM broke the terms of its licence.
Read more...May 22, 2019· Zambia threatens to liquidate Vedanta's Konkola Copper Mines. Vedanta Resources is seeking at urgent meeting with Zambia president Edgar Lungu ahead of a High Court hearing on Friday to rule on an application to provisionally liquidate Konkola Copper Mines (KCM) which Vedanta controls. Konkola copper mine. Image: Wikimedia Commons.
Read more...Jul 25, 2019· KCM, Zambia's largest copper mining firm, has been at the centre of a standoff since May between Vedanta Resources, its majority owner, and Zambia's President Edgar Lungu.
Read more...Jul 14, 2014· The fate of one of Zambia's leading mining companies, Konkola Copper Mines has continued unfolding with Government revealing various shortcomings on the operations of the copper producer. Recently, the Government announced its intentions to audit the Vedanta Resources Plc owned KCM to establish various developments and commissioned a ...
Read more...A day after President Edgar Lungu said he would strip KCM of its mining licence and bring in a new investor, state-backed Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) applied for ...
Read more...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.
Read more...Mar 09, 2021· KCM's Konkola concentrator, 26 kilometres north of Chingola on Zambia's Copperbelt ... GoviEx welcomes reinstatement of mining licence in Zambia. Politics 11 …
Read more...Mining License occurred in the period between 1958 and 1974. In the period 1975 to 1999, exploration was largely limited to step out drilling on known resources. In the two years that KCM was managed by Anglo American post privatization in 2000, all attention was focused on the Konkola Deeps Mining Project, which had a
Read more...Mar 27, 2012· The Konkola Copper Mine in Zambia, which produces more than 200 000 tons of copper a year. File photo South Africa's Standard Bank said it has provided a $500 million loan facility to Zambia's largest mining company, Konkola Copper Mines, a unit of London-listed Vedanta Resources. 4 Shaft project which is part of Vedanta's Konkola Copper
Read more...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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