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KCM grapples to remain operational in Zambia

Operational problems at Konkola Copper Mine (KCM) have heightened because of a myriad of problems besieging the country’s leading producer of copper and cobalt. Until Friday, Sept.26, KCM had power restricted to a number of operations including the concentrator at the Tailings Leach plant and the underground section which later was flooded …

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Bailiffs pounce on KCM over another debt

Troubled Konkola Copper Mines, facing a US$44 million commercial debt with Copperbelt Energy Corporation has been embroiled into another problem. This time, bailiffs have seizing assorted goods at its offices at Acacia House in Lusaka over a US$ million owed to another supplier of goods and services to the mine …

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MAGNA TYRES GROUP TO BE REPRESENTED AT SIM BORDEAUX 2014

Magna Tyres Group is set to be present at SIM 2014 in Bordeaux From October 8-10. This will be the second time that Magna Tyres will participate as exhibitor at this event, after the successful outcomes of the 2013 edition of SIM in Besançon. Magna Tyres Group is a manufacturer …

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ZCCM-IH Pays first dividends to shareholders since inception

Zambia Consolidated Copper Mines Investment Holdings (ZCCM IH), the country’s mine holding company has since inception over 10 years ago paid dividends to the country, the company says on its website according to Bloomberg News wire. According to the report, the company (MLZM), the company formed to hold the Zambian …

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