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Government reinstate KCM ownership

Ownership and management of Konkola Copper Mines (KCM) has been returned to Vedanta Resources, a historic decision by the government. KCM, the country’s largest integrated copper producer, has reserves and resources of 16 million tonnes of contained copper. According to Vedanta, KMC has a copper grade of 2.3 percent which …

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CEC kick off key power infrastructure projects

CEC has announced that the company’s blueprint should deliver steady growth for the business over the coming years. Owen Silavwe, CEC Managing Director said government efforts to create a private sector-lead economy supports the company’s effective and efficient execution of its strategy. “The Group is in a much better position …

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KANSANSHI US$1.25 BILLION S3 EXPANSION ON TRACK, SAYS FIRST QUANTUM

As part of its 2023 Preliminary Production and 2024-2026 guidance issued on Monday, First Quantum Minerals Ltd has reiterated its commitment to delivering the ‘S3 Expansion’ project at the Kansanshi mine, near Solwezi, North-Western Province. The announcement was made as part of a stock market announcement guiding recent and future …

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