Alongside its core work providing a platform for Human Rights advocates, the Resource Centre runs several focused programme areas and regularly releases briefings and … KONKOLA COPPER MINES PLC has 400 total employees across all of its locations and generates $228,669 in sales (USD). Alongside its core work providing a platform for Human Rights advocates, the Resource Centre runs several focused programme areas and regularly releases briefings and reports … Konkola Copper Mines - KCM annual celebration came to a joyous end as the final long service awards for Smelting & Refining and Corporate sections were held in Kitwe and Chingola today. KONKOLA COPPER MINES PLC is located in Chingola, Zambia and is part of the Copper & Nickel Mining Industry. Group’s sales by geographical market, … At stake are copper mines and resources in one of the world’s richest deposits, which stretches from Zambia’s Copperbelt region into southern Democratic Republic of Congo. Konkola Copper Mines, ... and 2010 Zambia lost $45 billion in potential income from copper, Eunomix said in a report. Report this profile; … Last year, efficiency improved and the Konkola Copper Mines (KCM, the country's largest) turned out a pound of copper for 85 cents. 1 shaft”) and the Kirila Bombwe North ore body (the “No. A loud protest organised by Foil Vedanta took place outside the meeting, demanding that Vedanta subsidiary Konkola Copper Mines publish its hitherto secret annual accounts in Zambia, and accusing the company of pollution, human rights abuses and financial mismanagement in India and Afrika. Freddy Muntete in his garden. Loss after tax was ZMW3.72 billion (US$ 332.2 million) [(2018: ZMW1.102 billion loss (US$131.6 million)]. Konkola Copper Mines, ... and 2010 Zambia lost $45 billion in potential income from copper, Eunomix said in a report. The complaint is annexed to the assessment report. The imported concentrates are required for smelter and blending operations. KCM was convicted on four charges, including wilfully failing to report … Minister criticises group after state’s seizure of Konkola Copper Mines last year. THE Zambia Revenue Authority says it is verifying reports that Konkola Copper Mines (KCM) is making annual profits of US$500 million. The group produces aluminium, copper, zinc, lead and iron ore and also commercial energy. The EMP for Anglo American’s subsidiary, Konkola Copper Mines (KCM), in which both the UK’s Commonwealth Development Corporation (CDC) and the World Bank’s International Finance Corporation (IFC) have equity shares, is the first to appear. In 2013, the production was 739,291 metric tonnes of copper and 1,957 metric tonnes of cobalt. Vedanta Resources Limited Approach to Sustainability and CSR. A ‘them and us’ culture characterises the way the government thinks about the mining industry today, exemplified by the decision to seize control of Konkola Copper Mines last year – a measure which, no matter how popular among some residents of Chingola, has further eroded investor confidence in the country’s mining sector. The Zambian mine was owned by Konkola Copper Mines, for which Janakaraj was head of operations. KCM currently produces 2 million tons of copper ore per year. Extract from 2014 annual report For the period ended 31 March 2014 Lubambe Copper Mine Limited (LCM) reported revenues of K1,483 million (US$237 million) and a loss for the period of K243 million (US$39 million). The remaining 20.6% was owned by ZCCM Investments Holdings Plc, a Lusaka and Euronext listed company which is 77.53% owned by the Zambian Government and 22.47% publicly held. As a news article reports: "The materials will be treated using a process known as agitated leaching. INTERNATIONAL - Zambia’s Konkola Copper Mines (KCM) smelter was on Wednesday shut down for annual maintenance two days earlier than planned after a … Kaunda’s nationalization drive didn’t end well. & Sustainability Assurance at Konkola Copper Mines Zambia. Phone: +260-212-350604 KCM Konkola Copper Mines MCM Mopani Copper Mines MMEWD Ministry of Mines, Energy and Water Development MoF Ministry of Finance MoL Ministry of Lands MoLGH Ministry of Local Government and Housing MSD Mines Safety Department Mt Metric tons MTEF Medium Term Expenditure Framework OAG Office of the Auditor General PAC Public Accounts Committee PFM Public Financial Management … BACKGROUND1 Konkola Copper Mines plc (KCM) is the largest copper producer in Zambia, exporting copper and cobalt cathodes. commodities produced in Zambia. Deposit Type. Konkola Copper Mines (KCM) has been reorganised and restructured into two subsidiary companies effective February 1, 2021 in a bid to increase efficiency, foster optimization and boost business opportunities. But that, sadly, … In October 2015 Foil Vedanta visited Vedanta’s Zambian subsidiary Konkola Copper Mines (KCM) for the second time to investigate the legacy of pollution that has destroyed the environment and livelihoods around Chingola since 2004, when Vedanta bought controlling shares in KCM. At the time of acquiring the interest in the KCM operations, ZCI stated that the development of the Konkola Deep Mining Project (KDMP) was the main rationale for the acquisition. Chairman: E Silwamba; CEO: M Chipata Konkola Copper Mines (KCM) reported total revenue of ZMW 12.25 billion (US$1,084.80 million) for the financial year ended 31 March 2019 {2018: ZMW12.2 billion (US$1,283.0 million}. 2002, Anglo Gold, the production was 739,291 metric tonnes of Copper cobalt... 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