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KCM remits over K700 million to Government in taxes

Despite the various problems afflicting Konkola Copper Mines in recent months in addition to a commercial standoff with Copperbelt Energy Corporation over US$44 million in energy services, the miner has upheld its tax obligations and remitted over K700 million in taxes to Zambia Revenue Authority two years ago. Deputy mines …

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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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