Vedanta Resources and government have finally sealed an agreement that restores the firm's ownership of Konkola Copper Mines (KCM). This development puts to an end a protracted ownership battle that stifled investment as well speculations that the two parties could not come to agreed terms. The signing of the agreement was …
Konkola Copper Mines (KCM) has been at the forefront of embracing Zambia's participation in the Extractive Industry Transparency Initiative (EITI), a global initiative intended to enhance transparency in relation to what companies report to have paid in various taxes and fees to the Government and what the Government in turn reports as ...
KCM owns an important copper mine 30km north of Chingola in Copperbelt Province in northern Zambia. It operates underground and open-cast mines and …
Konkola Copper Mines (KCM), one of Africa's largest integrated copper producers, aims to be a major global copper producer. Its mining operations are located in the Copper belt …
Zambia has agreed to return control of Konkola Copper Mines (KCM) to Vedanta Resources, mines minister Paul Kabuswe said on Tuesday, ending a row over the ownership of the assets that erupted in ...
The major uses of copper cathodes are in the manufacture of copper rods for the wire and cable industry and copper tubes for consumer durable goods. Copper cathodes are also used for making alloys like brass, bronze and alloy steel, with applications in transportation, electrical appliances and machinery, defence and construction.
Output from Konkola's plant – which processes ore extracted at the mine as well as third-party supplies – slumped to less than 40,000 tons of copper last year. Vedanta is targeting output of ...
The Zambian government placed Konkola, of which Vedanta owns 79.4%, into provisional liquidation in 2019, and since then has been locked in legal battles with the company over the asset.
Output from Konkola's plant – which processes ore extracted at the mine as well as third-party supplies – slumped to less than 40,000 tons of copper last year.
LONDON, July 22, 2024 /PRNewswire/ -- Vedanta Resources Holdings Limited ("VRHL" or "Vedanta Holdings" or "Vedanta"), the diversified global mining, metals, natural resources, energy, and ...
Kunda v Konkola Copper Mines (Appeal 48 of 2005) [2007] ZMSC 156 (23 February 2007) Copy Media Neutral Citation [2007] ZMSC 156 Copy Court Supreme Court of Zambia Case number Appeal 48 of 2005 Judges …
The Copperbelt Civil Society Mining Consultative Forum is also urging the government to make decisions on matters affecting the mining sector, particularly Mopani Copper Mines and Konkola Copper ...
Mining and exploration company Tertiary Minerals' Konkola West copper project, in Zambia, has been brought into sharp focus by the recent $150-million investment in the adjacent Mingomba copper ...
Konkola Copper Mines v Nyambe and Ors (CAZ 8 312 of 2017) [2018] ZMCA 380 (16 February 2018) Download PDF (565.6 KB) Report Report a problem. …
These investments have increased reserves, resources and extended the life of the mines by over 50 years. Notable investments include: Sinking of a 1,500 metres deep shaft at the flagship Konkola Deep Mine. State-of-the-art smelter at Nchanga which was commissioned in 2008. New concentrators at Nchanga and Konkola with a combined 15.5 mtpa capacity
The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons. ... Vedanta Resources Ltd. has paid about $246 million to ...
Vedanta Resources, the mining conglomerate owned by Indian-British billionaire Anil Agarwal, aka the "Metal King", should regain control of Konkola Copper Mines (KCM) in a matter of weeks. Earlier in January, Zambia Consolidated Copper Mines-Investment Holdings (ZCCM-IH) decided to prosecute Vedanta before the High …
Production and profits have significantly increased. The main aim of this study therefore, is to establish the extent to which Konkola Copper …
Vedanta Base Metals CEO Chris Griffith said on Wednesday the company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit in Zambia, including ...
Konkola Copper Mines (KCM), one of Africa's largest integrated copper producers, aims to be a major global copper producer. Its mining operations are located in the Copper belt Province of Zambia. Being one of the largest players situated on one of the highest-grade copper seams of the world, is one of our most significant competitive advantages.
IN THE SUPREME COURT OF ZAMBIA APPEAL NO. 83/2008. HOLDEN AT LUSAKA/NDOLA SCZ/08/66/2008 (Civil Jurisdiction) B E T W E EN : HILDAH SAKALA SILUNGWE APPELLANT. AND. KONKOLA COPPER MINES RESPONDENT. CORAM: Mambilima, D.C.J., Silomba and Mwanamwambwa, J.J.S. On 2 nd June 2009 and 17 th …
Vedanta Resources Ltd said on Friday it has arranged the financing it needs to start paying creditors of its Konkola Copper Mines in Zambia as it takes steps to revive operations after regaining ...
The company seeks partners to carry out exploration, development and production as part of a $1 billion investment plan at the Konkola Copper Mines assets, it said in calls for expressions of ...
Physical Address: Konkola Copper Mines plc Stand M/1408, Fern Avenue, Chingola, Zambia +260-212-350604; [email protected]
Zambia's mines minister on Monday criticised the previous administration's push to liquidate Vedanta's Konkola Copper Mines (KCM) unit, which sparked years of wrangling.
Nyambe and Ors v Konkola Copper Mines Plc (In Liquidation) (Appeal No. 2 of 2022) [2023] ZMSC 17 (19 October 2023) Copy Media Neutral Citation [2023] ZMSC 17 Copy Court Supreme Court of Zambia Case number Appeal No. 2 of 2022 Judges ...
Konkola Copper Mines plc (KCM), one of Africa's largest integrated copper producers, is a subsidiary of London-listed Vedanta Resources Plc, one of the world's largest diversified natural ...
LUSAKA, 6th May 2021: Konkola Copper Mines (KCM) plc learns with a sense of shock that Bloomberg has published a... KCM predicts impending slough at Nchanga Open Pit July 2, 2020. CHINGOLA, 2 July, 2020: Konkola Copper Mines (KCM) Chief Executive Officer (CEO) Christopher Sheppard has announced that the mine has... Konkola …
Vedanta Resources and government have finally sealed an agreement that restores the firm's ownership of Konkola Copper Mines (KCM). This development puts …
Vedanta Regains Control of Konkola Copper Mines in Zambia • Vedanta deposits USD 245.75 Million under Konkola Copper Mine ("KCM") scheme of arrangement. Paves …
In a landmark event for Zambia's mining industry, Konkola Copper Mines (KCM) was officially handed over to Vedanta Resources, signifying a new chapter for the troubled …
Konkola Copper Mines plc Stand M/1408, Fern Avenue, Chingola,Zambia Phone: +260-212-350604 [email protected]. Corporate Center – Lusaka. Konkola Copper Mines plc Corporate Center – Lusaka Abacus Square, Thabo Mbeki Road, Lusaka, Zambia Phone: +260-212-358000. Key Highlights.
Konkola Copper Mines PLC and Anor v Lungu (Sued in his capacity as Provisional Liquidator of Konkola Copper Mines PLC) and Ors (Appeal 128 of 2021) [2022] ZMCA 53 (3 August 2022) Download PDF (9.0 ) Report Report a problem. Document detail Citations ...
Konkola Copper Mines Plc (KCM) is a subsidiary of Vedanta Resources Plc, a London-listed resources and mining company. We operate across the following core business sectors: Zinc-Lead-Silver, Copper, Aluminium, Iron ore and Energy, with operations located in geographies spanning India, Australia, Zambia, South Africa, Namibia and Ireland. …
KONKOLA COPPER MINES PLC ENVIORNMENTAL COUNCIL OF ZAMBIA CHINGOLA MUNICIPAL COUNCIL HIGH COURT MUSONDA, J. 10th November,2011 2007/HP/1286 [1] Tort - Negligence - …