Konkola Copper Mines (KCM) is a subsidiary of Vedanta Resources, a London Stock Exchange listed, and globally diversified natural resources company.
In addition, state-owned Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) holds a significant stake (20.6%) in KCM. Vedanta Resources does not employ any offshore subsidiary structures for its shareholding in KCM.
Our Board of Directors includes two ZCCM-IH directors as well as a director from the Government of Zambia. All our directors participate in various board sub-committees providing them with insight and an overview of the company’s full operations. This ensures a high level of transparency in the management of the company with all the critical shareholders given full overview.
KCM, through its majority shareholder Vedanta Resources, fully adheres to all of the governance requirements of the UK Listing Authority and fully complies with the UK Anti-Bribery rules.