Konkola Copper Mines Plc (KCM) is one of the leading integrated copper producers in Africa, and aims to become a major global copper producer.
KCM is primarily engaged in the exploration for, mining, production and sale of copper and copper by-products. KCM is a subsidiary of Vedanta Resources Plc, a London Stock Exchange listed and one of the world’s largest diversified natural resources companies with interests in zinc, lead, silver, copper, aluminium, iron ore, power and oil and gas. Vedanta Resources has operations located in geographies spanning India, Australia, Zambia, South Africa, Liberia, Sri Lanka, Namibia and Ireland.
Our mining operations in Zambia are located in the Copperbelt and Central Provinces, and include open pit mines, underground mines, several concentrators, a leaching plant, a state-of-the-art flash smelter, a modernized refinery and a sulphuric acid plant. We recently sank Zambia’s first post-independence era mining shaft as part of the Konkola Deep Mining Project (KDMP). This 1,500 metre shaft has ensured KCM’s longevity, by allowing for the access of the deep Konkola ore body and extending the mine life by over 25 years.
KCM is currently one of the largest private sector employers with over 16,000 employees.
The state-owned mining company Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) is the other shareholder in KCM, controlling a 20.6% stake in the company. KCM enjoys a strong relationship with the Zambian government and is a committed partner in improving the economic prospects of the country through our operations and other activities.
The company operates two hospitals and eight satellite clinics. KCM also runs two schools, which it has expanded from primary level to full secondary level, providing education to over 2,000 pupils. KCM has one of the largest malaria roll-back programmes in Zambia. The company has rolled-out several community health initiatives that include the distribution of 23,000 free eye glasses, the fitting of artificial limbs and undertaking eye cataract operations. KCM is also involved in the sponsorship of four football teams in the top-tier Zambian soccer league.
KCM is committed to the development of the local communities through investments in health, education, sport development and income-generating projects and operates the biggest sustainable livelihoods programmes in the industry, through which it empowers communities with livestock to minimize dependence on mining activities. The company has also contributed to various infrastructure development initiatives including the development of road infrastructure and drilling of boreholes for local communities.