Milestone
Company Overview
Konkola Copper Mines Plc (KCM) is one of the leading integrated copper producers in Africa, and aims to become a major global copper producer.
MoreCopper discovered in the Copperbelt region of Zambia.
Konkola mine commences production.
The Government of Zambia nationalizes mines.
Government commences privatisation of parastatal mining companies.
The privatization programme of the largest mining assets completed and KCM asset purchased by Anglo American.
Anglo American withdraws as shareholders of KCM, leaving a restructured company with government entities, ZCCM-IH and ZCI as shareholders.
Vedanta Reources becomes the major shareholder in KCM with a 51% share in the company following an international bidding process.A large capital investment programme is commenced.
Vedanta Reources,as new KCM omers,commence supportfor the Expanded Rollback malaria programme, covering over 40,000 households per year.
A new sulphur burning acid plant is commissioned.
The flagship Konkola Deep Mine Project (KDMP) commences with sinking of a new shaft (Shaft 4) in the Chililabombwe South ore body. The KDMP is the first shaft-sinking project in Zambia since the country's independence from Great Britain in 1964.
KCM launthes its workplace HIV/AIDS policy providing service for employees, their families and local communifies.
A new state-of-the-artsmelter is commissioned at Nchanga.
Phase 1 of 2 of a new 6mtpa coocentrata commissioned at Konkola.
Experienced a 3 day national power outage resulting in a major flooding of the Konkola mine and the loss of 90% of dewatered reserves.
A new state-of-the-art flash smelter comntsioned in Nchanga.
Production capacity expanded by 50% to 300,000 tonnes per annum at the Nkana refinery.
KCM is the largest contributor to the NationalTreasury.
Phase 2 of the new 6mtpa concentrator commissioned at Konkola.
Commissioned mid shaft boding at the new KDMP Shaft 4 allowing for hoisfing of copper ore from the mid-point of the new shaft.
KCM is the second largest contributor to the NafionalTreasury in the EITI reports.
KCM is the second largest contributor to the NafionalTreasury in the EITI reports.
Two new concentrators at Nchanga commissioned with a total capacity of 9.5 million tonnes per annum (tpa).
Expansion completed of the tailings leath plant and processing capacity increased from 42,000 to 50,000 tonnes per day.
Commissioned a 24MW diesel generator set for emergency power supplies to Konkola mine.
The highly Sustainable Livelihoods Programme launched.
Commissioned bottom shaft boding at the flagship KDMP, accessing the deep, fier-1 Konkola resource.