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Statement by Konkola Copper Mines plc on misleading bloomberg article concerning operations of Konkola Copper Mines

May 6, 2021

LUSAKA, 6th May 2021: Konkola Copper Mines (KCM) plc learns with a sense of shock that Bloomberg has published a misleading article concerning the operations of KCM and its two subsidiaries in which it suggested that KCM operations at the Konkola Deep mine have been shut down. Ever since the mine was placed under liquidation in May 2019, it has not been closed or put on care and maintenance and the Bloomberg article is false and misleading. Konkola mine is currently operating and there are no plans to pu...

KCM predicts impending slough at Nchanga Open Pit

July 2, 2020

CHINGOLA, 2 July, 2020: Konkola Copper Mines (KCM) Chief Executive Officer (CEO) Christopher Sheppard has announced that the mine has predicted an impending slough (Caving in of ground) after its geo-technical assessments detected some slope instability at the Nchanga Open Pit (NOP) Cut 2 in Chingola. The anticipated slough is manifesting through a series of multiple tension cracks, which have continued opening up almost parallel to the strike of the open pit east perimeter road in a South East–North West direction. ...

Konkola Copper Mines provides clarity on power issues

June 4, 2020

CHINGOLA, 4^th June 2020: Following events of the last few days, which culminated into the Copperbelt Energy Corporation (CEC) temporarily restricting power to Konkola Copper Mines Plc (KCM) for a few hours on Monday, we seek to update our stakeholders and the nation on the matter. In the last 20 years, Konkola Copper Mines had a Power Supply Agreement (PSA) with the CEC, which was underpinned on the Bulk Supply Agreement (BSA) between Zesco Ltd., and the CEC. Our agreement with the CE...

Konkola Copper Mines Statement On Cec Threats To Restrict Power

June 2, 2020

31 May 2020, CHINGOLA: Konkola Copper Mines (KCM) acknowledges having seen a media statement, dated 29 May 2020, issued by the Copperbelt Energy Corporation (CEC) in which it indicates that it intends to switch off power supply to KCM with effect from 1st June 2020. Konkola Copper Mines informs that the 20-year Power Supply Agreement (PSA) between CEC and KCM expired on 31st March 2020, and was extended by mutual agreement to 31st May 2020. KCM has entered into a binding Term Sheet Agreement for a new PSA between ZESCO L...

Konkola Copper Mines supports fight against Coronavirus

April 2, 2020

CHINGOLA, 31 March 2020: Konkola Copper Mines (KCM) has provided two clinics in Chingola and Chililabombwe, as holding centres for people who will be suspected to have Coronavirus (COVID-19) in the two districts, and one million two hundred thousand kwacha (K1.2 million) for medical equipment and supplies. Acting Konkola Copper Mines General Manager Corporate Affairs Shapi Shachinda said the Nchanga South Clinic in Chingola will have a bed capacity of 28 with a possibility of putting up tents on the prem...

Konkola Copper Mines Statement

May 21, 2019

Chingola, 20 May 2019: Konkola Copper Mines Plc (KCM) is aware of media reports, quoting the President of Zambia, Mr. Edgar Chagwa Lungu, in respect of a decision regarding the future of KCM. KCM is yet to receive formal communication from the Government of Zambia on this, although it has sought an urgent meeting with the President and/or the Minister of Mines. The intention of KCM and its primary shareholder, Vedanta, is to continue to engage with the Government in a constructive and transpa...

Government awards Konkola Copper Mines for malaria elimination efforts

May 2, 2019

Konkola Copper Mines (KCM) has been awarded by the Ministry of Health for being the Most Consistent in supporting Malaria elimination activities at district level.

The award was presented to the company today by Minister of Health Dr. Chitalu Chilufya during this...

Defying all odds: Evans pursues school beyond normal age!

April 16, 2019

Evans Chota’s dream from a tender age has always been to become a teacher. Born and raised in Kasama at Chibabo village, Evans, 25, only started grade one at the age of eleven at a school, which is 8 kilometres away from his home.“I wanted to go to school early but I had to wait until I turned 11 years to start school because the nearest school was 8 km away and we had to cross a river which was extremely dangerous especially during the rainy season. I was at that school until grade six,” Evans said. Unfortunately, h...

Chairman to Women: ‘Take a lead role in steering Vedanta’s growth’

March 9, 2019

Group Chairman Anil Agarwal has implored women to take a leading role in the growth of the diversified resources Group because of their great intuition on detail.

“My personal experience is that when women work around in any of the industry, the productivity is better, the house keeping is better and our presentation to the world is at a very different level,” Mr Agarwal said in a message to mark the recent globa...

H.E. President Cyril Ramaphosa opens Vedanta’s Gamsberg mine

March 1, 2019

Aggeneys, 28 February 2019: President Cyril Ramaphosa today officially opened Vedanta Zinc International’s (VZI) Gamsberg mine, outside Aggeneys in South Africa’s Northern Cape Province. President Ramaphosa was joined by Minister of Mineral Resources Mr Gwede Mantashe, Northern Cape Premier Mrs Sylvia Lucas, and hosted by Vedanta Chairman Mr Anil Agarwal, Vedanta CEO Mr. Srinivasan Venkatakrishnan, and VZI CEO, Deshnee Naidoo. The Gamsberg zinc resource, though discovered more than 40 years ago, h...

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