• Major Mines & Projects | Mopani Mine

    · 31 March, 2021 Glencore today announces that its subsidiary Carlisa Investments Corp, in which Glencore holds 812% of the shares, has completed the sale to ZCCM Investments Holdings plc of its 90% interest in Mopani Copper Mines plc ZCCM Investments Holdings Plc is now the holder of 100% of the issued shares in Mopani Copper Mines plc

  • Mopani’s move to offer one month contracts condemned

    · The Association of Mine suppliers and Contractors – AMSC has expressed disappointment at Glencore owned Mopani Copper Mines – MCM decision to offer onemonth contracts to all its contractors and suppliers following its insistence to place the mines under care and maintenance Placing the mines on care and maintenance is in effect considered as a closure as only

  • Govt takeover of Mopani will revive mine operations –

    · THE Mine Workers’ Union of Zambia (MUZ) says government’s intention to buy 90 per cent shares in Mopani Copper Mines from Glencore will redeem the mine’s operations In an interview, MUZ president Joseph Chewe hailed government’s recent announcement of its intention to acquire Glencore’s 90 per cent shareholding in Mopani, saying the move will help resuscitate the mining company

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  • Mopani Copper Mines ZCCM Investments Holdings Plc

    · MOPANI Copper Mines Plc has no plans to make any employee redundant once ZCCMIH takes full ownership from March 31, 2021, says acting chief executive officer Charles Sakanya And Sakanya has insisted that ZCCMIH’s imminent 100 per cent ownership of Mopani is the “best deal” for Zambians because citizens will benefit more compared to the previous status quo under Glencore Plc

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  • Zambia: Continued Stakeholder Engagement Key to the

    · ZCCM Investments Holdings Plc (ZCCMIH) has continued to engage various stakeholders past the close of the Transaction on 31stMarch 2021 to acquire the 90% shares in Mopani Copper Mines Plc (Mopani) previously held by Carlisa on behalf of Glencore and First Quantum Minerals One of the key stakeholders engaged is the Association of Mine Suppliers and Contractors During a

  • Zambia looks to buy controlling stake in Mopani Copper

    · Zambia’s mining investment company ZCCMIH is looking to buy a controlling stake in Mopani Copper Mines, a subsidiary of Glencore The stake acquisition plans have been disclosed by the country’s mines minister Richard Musukwa The mines minister told Reuters that the company is seeking to acquire a 51% stake “or even more”

  • Mine Suppliers call on Zambian Govt to Restrain Mopani

    · Mopani copper mine, a subsidiary of Glencore announced yesterday on April 7, 2020 through a press statement made available to the Zambian Business Times – ZBT that following the drop in the copper prices and the impact of COVID 19, the mine will cease normal operations and be placed on care and maintenance

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  • Zambia : Mopani deal in simple terms

    · Mopani has produced 1532kt of copper from its own sources in the last 45 months, that is an average of 3400tpm of copper At the price of US$6800/t that is a revenue of only US$278m per year

  • Mopani Copper Mines Wikipedia

    History Mopani Copper Mines Plc was originally part of Zambia Consolidated Copper Mines Limited (ZCCM), and was stateowned until its privatisation in 2000 On 1 April 2000, Mopani purchased the ZCCM assets at Mufulira and Nkana, consisting of the underground mine, concentrator, smelter, refinery and cobalt plant, from the government

  • Mopani Copper Mines Wikipedia

    Mopani Copper Mines PLC ("Mopani") is a Zambian registered company owned by Carlisa Investments Corporation (a joint venture company comprising Glencore International AG (731%) and First Quantum Minerals Ltd (169%)) and ZCCMIH (10%) Minority shareholders are spread throughout the world, in various locations Mopani Mines produces and sells copper and cobalt to the international market

  • Govt takeover of Mopani will revive mine operations –

    · THE Mine Workers’ Union of Zambia (MUZ) says government’s intention to buy 90 per cent shares in Mopani Copper Mines from Glencore will redeem the mine’s operations In an interview, MUZ president Joseph Chewe hailed government’s recent announcement of its intention to acquire Glencore’s 90 per cent shareholding in Mopani, saying the move will help resuscitate the mining company

  • MOPANI COPPER MINES PLC

    Mopani Copper Mines Plc Corporate Office Nkana West Corner of Central Street and 5th Avenue P O Box 22000 Kitwe, Zambia 13 Telephone Number of Developer +260 2 / 14 Fax Number and Electronic Mail Address +260 2 15 Name of Owner of Mine Mopani Copper Mines Plc, Comprising The Following: Name Shareholding Glencore International

  • Zambia: Continued Stakeholder Engagement Key to the

    · ZCCM Investments Holdings Plc (ZCCMIH) has continued to engage various stakeholders past the close of the Transaction on 31stMarch 2021 to acquire the 90% shares in Mopani Copper Mines Plc (Mopani) previously held by Carlisa on behalf of Glencore and First Quantum Minerals One of the key stakeholders engaged is the Association of Mine Suppliers and Contractors During a

  • Glencore to offload Mopani Copper Mines to ZCCM,

    · GLENCORE is to ‘sell’ its 90% stake in Mopani Copper Mines to the Zambian government in terms of which it will offload $15bn in debt held within Mopani Copper’s structure as well as own exclusive rights to copper offtake from the mine until the debt is repaid The Swiss mining and trading group announced today a nominal $1 deal for Mopani Copper provided Zambia Consolidated Copper

  • GLOBAL FIRMS SEEK STAKE IN MOPANI – Daily Nation

    · THERE has been overwhelming interest from international firms seeking to become equity partners for ZCCMIH in running Mopani Copper Mine, Mines and Minerals Development Minister Richard Musukwa has said Mr Musukwa also announced that all the formalities for the total acquisition of Mopani Copper Mines by ZCCMIH had been completed He said ZCCMIH had been tasked to

  • Zambia plans to revoke licenses of Mopani Copper Mines

    · Zambia intends to revoke the mining licenses of Mopani Copper Mines (MCM), a subsidiary of Glencore, as the firm did not give sufficient notice before suspending its mining operations due to the coronavirus Covid19 crisis Mining Licensing Committee secretary Michael Chibonga sent a notice dated 14 April to Mopani chief executive Nathan Bullock The notice stated that Mopani did

  • Zambia Begins Process To Take Over Majority Stake In

    · GOVERNMENT has started the process of increasing its stake in mining giant Mopani Copper Mines (MCM) in a bid to have a controlling share in the firm from major shareholder Glencore Minister of Mines and Mineral Development Richard Musukwa has revealed in a press statement that Government, through the Zambia Consolidated Copper Mines Investments Holdings []

  • Zambia rejects Mopani Copper Mines’ suspension plan

    · Glencore owns majority stake in Mopani Copper Mines Glencore owns a 731% stake in Mopani Copper Mines while other partners include First Quantum Minerals with 169% interest and 10% by Zambia’s mining investment arm ZCCMIH Located in the Copperbelt of central Zambia, the Mopani mine produced 119,000 tonnes (t) of copper in 2018

  • supplies BMR winders to Mopani Mining

    · In the wake of the recent successful installation of a Blair multirope (BMR) winder at Glencore’s Mopani Copper Mines’ synclinorium shaft in Zambia, will

  • Zambia looks to buy controlling stake in Mopani Copper

    · Zambia’s mining investment company ZCCMIH is looking to buy a controlling stake in Mopani Copper Mines, a subsidiary of Glencore The stake acquisition plans have been disclosed by the country’s mines minister Richard Musukwa The mines minister told Reuters that the company is seeking to acquire a 51% stake “or even more”

  • MOPANI COPPER MINES PLC

    Mopani Copper Mines Plc Corporate Office Nkana West Corner of Central Street and 5th Avenue P O Box 22000 Kitwe, Zambia 13 Telephone Number of Developer +260 2 / 14 Fax Number and Electronic Mail Address +260 2 15 Name of Owner of Mine Mopani Copper Mines Plc, Comprising The Following: Name Shareholding Glencore International

  • GLOBAL FIRMS SEEK STAKE IN MOPANI – Daily Nation

    · THERE has been overwhelming interest from international firms seeking to become equity partners for ZCCMIH in running Mopani Copper Mine, Mines and Minerals Development Minister Richard Musukwa has said Mr Musukwa also announced that all the formalities for the total acquisition of Mopani Copper Mines by ZCCMIH had been completed He said ZCCMIH had been tasked to

  • Zambia sees deal over Mopani within a month

    · Zambia expects to conclude talks over buying Glencore Plc’s stake in Mopani copper mines Plc within a month, according to Barnaby Mulenga, permanent secretary in the Ministry of Mines

  • ZCCM Approves Mopani Acquisition | E & MJ

    · Shareholders of Zambia Consolidated Copper Mines Investment Holdings (ZCCM) approved an agreement announced in January to acquire Mopani Copper Mines (MCM) from Glencore The company will now transition from an investment company to owning and operating a multibilliondollar mining asset in Zambia MCM operates underground mines, a concentrator, a smelter and a

  • Zambia Begins Process To Take Over Majority Stake In

    · GOVERNMENT has started the process of increasing its stake in mining giant Mopani Copper Mines (MCM) in a bid to have a controlling share in the firm from major shareholder Glencore Minister of Mines and Mineral Development Richard Musukwa has revealed in a press statement that Government, through the Zambia Consolidated Copper Mines Investments Holdings []

  • Zambia rejects Mopani Copper Mines’ suspension plan

    · Glencore owns majority stake in Mopani Copper Mines Glencore owns a 731% stake in Mopani Copper Mines while other partners include First Quantum Minerals with 169% interest and 10% by Zambia’s mining investment arm ZCCMIH Located in the Copperbelt of central Zambia, the Mopani mine produced 119,000 tonnes (t) of copper in 2018

  • supplies BMR winders to Mopani Mining

    · In the wake of the recent successful installation of a Blair multirope (BMR) winder at Glencore’s Mopani Copper Mines’ synclinorium shaft in Zambia, will

  • to supply Mopani Copper Mines with two more

    · The company will begin delivering the equipment to Mopani Copper Mines in the last quarter of 2015, with installation likely to commence in 2016 The drums are being made by a South African company and the drum shafts by an international supplier Voith is manufacturing the Hooke’s joints for this application

  • Supply cartel at Mopani Copper Mines Zambian

    · Supply cartel at Mopani Copper Mines 11 February 2013 09:16 Dear Editor Thank you very much for according us this opprtunity to inform the nation of the existence of a very sorphiscated organised supply cartel at mopani copper minesThe Pf Government has always promised local zambian companies of protection from un fair business trading at all the mines but this is totally the

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