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Tag Archives: Konkola Copper Mines

Congo Beats Zambia in Copper Output? How the country can get its mojo back

By Matthew Hill  Early figures show Zambia in 2013 lost its standing as Africa’s biggest copper miner- held for the past 26 years, according to a metals analyst CRU Group. With the massive mining projects underway in the country, will the home of the continent’s biggest reserves of the red …

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KCM Cites reasons for late payment of wages for employees

Konkola Copper Mines, a unit of Vedanta Resources Plc, has cited challenges faced by some commercial banks in Zambia as reason for delays in paying its workers monthly wages, local media reported. The delays are caused  through some banks’ internal arrangements including the inward and outward clearing of cheques are …

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Maximize on Resources from Mining, IMF urges Zambia

The Brettonwood institution and global lender, International Monetary Fund (IMF), has regretted that the mining and copper sector in Zambia has remained dormant despite its potential to be the country’s major foreign exchange earner and bolster infrastructure development. Deputy IMF director for Africa David Owen noted that despite the mining …

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