konkola copper mines annual report

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. Konkola Copper Mines plc is a subsidiary of Vedanta Resources plc ("Vedanta") a London Stock Exchange listed FTSE100 diversified metals and mining company, with revenues in excess of USD 6.5 billion. Copper has for many years played an important role in Zambia’s economy, and the performance of the economy has followed the fortunes of copper mining closely. We care. ZCI announced the deferral of KDMP in October 2001, following the completion of a feasibility study in mid 2001. It is the only mining company in the country that has operations in four locations, including Chingola, Chililabombwe, Nampundwe and Kitwe, playing a key role in the communities around these mining areas. The complaint is annexed to the assessment report. publish the report on its website. THE Zambia Revenue Authority says it is verifying reports that Konkola Copper Mines (KCM) is making annual profits of US$500 million. Indian-based metals and mining group Vedanta Resources said on Thursday it will fight any attempt by the Zambian government to sell its Konkola Copper Mines (KCM) business to third parties. Konkola Copper Mines Plc, Vedanta Resources Plc’s Zambian unit, stopped producing at one of its open pits near Chingola after a mining contract was not renewed. The South Gauteng High Court granted Vedanta Resources an urgent interim order blocking minority shareholder Zambia Consolidated Copper Mines. 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. Minister criticises group after state’s seizure of Konkola Copper Mines last year. Konkola Copper Mines (KCM) is the largest copper producer in Zambia, exporting copper and cobalt cathodes. Konkola Copper Mines, ... and 2010 Zambia lost $45 billion in potential income from copper, Eunomix said in a report. Zambia determined to find another investor for Konkola mine - mines minister. Join to Connect. At the time of acquiring the interest in the KCM operations, ZCI stated that the development of the Konkola Deep Mining Project (KDMP) was the main rationale for the acquisition. Report this profile ... Stewardship of an annual operating budget of US$ 25million plus a capital budget of US$19millon. There are 6 companies in the KONKOLA COPPER MINES PLC corporate family. Informing its employees, KCM stopped operations from 4 January due to a drop in the availability of acid. Report this profile; … KONKOLA COPPER MINES PLC has 400 total employees across all of its locations and generates $228,669 in sales (USD). Assisting the Health Information Officer in managing Nchanga South Mine Hospital's data, with a significant emphasis on HIV/AIDS data. 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). • Preparation of work in progress, WIP, (copper, cobalt & Sulphur) documents/ Stock valuation reports. 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 … Have been downsizing the mine ’ s nationalization drive didn ’ t end well PLC | 15,247 followers on.. 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