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Don’t nationalize KCM, says International Monetary Fund

After lengthy debate by various economic players within and outside Zambia, the International Monetary Fund has added its voice to appeals by the Government not to nationalize Konkola Copper Mines despite its shortcomings in recent years over its operations. In recent years, KCM, one of Zambia’s main copper and cobalt …

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Glencore to cuts jobs in Namibia

  Glencore Xstrata, the Switzerland based and diversified miner seeking to increase jobs at its Zambian operations-Mopani Copper Mines to accelerate its copper and cobalt production, has a contradictory objective in the neighboring Namibia. The diversified and one of the global commodity traders, in Namibia, wants to cut the same …

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