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Sep 09, 2020· THE Mine Workers Union of Zambia (MUZ) says governments intention to buy 90 per cent shares in Mopani Copper Mines from Glencore will redeem the mines operations. In an interview, MUZ president Joseph Chewe hailed governments recent announcement of its intention to acquire Glencores 90 per cent sharehing in Mopani, saying the move will help resuscitate the mining
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Aug 27, 2020· Mopani produced 51,275 tonnes of finished copper in 2019 including purchased materials accounting for 13.9% of Glencores African copper output
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Jan 19, 2021· Glencore Plc has agreed to sell its stake in Mopani Copper Mines Plc to the Zambian government for 1.5 billion, but will get just 1 upfront.. Glencore has been in talks with the state about
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Sep 23, 2021· MOPANI Copper Mine (MCM) is poised to record a US52 million profit at the end of the 2021 financial . Mines Minister Paul Kabuswe made the announcement after the tour of the mine in Kitwe on the Copperbelt. Meanwhile, the Mines Minister has announced that Government will soon make a policy statement on the direction
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May 03, 2020· Mines minister, Richard Musukwa threatened to have Mopani Coppers mining licence suspended, adding that the move was unjustifiable and illegal. Talks as laid out in todays announcement may include potential improvements that the Zambian government could make to its mining sectors regulatory environment.
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Apr 14, 2020· According to the Zambia Mining Cadastre Portal Mopani Copper Mines licence number 7625HQLML for its Nkana business unit was issued on March 3, 2005 and was expected to expire on March 30, 2025, while the Mopani Copper Mine licence number 7073HQLML operating in Mufulira was issued on March 31, 2 with a 25 lifespan.
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Aug 28, 2020· Glencore is reportedly looking to sell its entire stake in its subsidiary Mopani Copper Mines to Zambias mining investment company ZCCMIH. Currently, the British multinational mining company hs a 73.1% stake in Mopani, while the remaining is held by ZCCMIH and First Quantum Minerals. Located in the Copperbelt of central Zambia, the mine
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Nov 17, 2021· Hundreds of Miners from Mopani Copper Mines today protested over the delayed payment of their terminal benefits and accrued loan repayments. The miners gathered at Katilungu House in Kitwe to press the Mine Workers Union of ZambiaMUZ to speed up the process. The miners demanded to be addressed by their union leaders. And MUZ President
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Nov 17, 2020· A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews. Zambia could win its bid to buy the Mopani Copper Mine stake from Glencore. Rajan Dhall Tuesday November 17, 2020 0750. Kitco News.
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Aug 27, 2020· Glencore will likely sell its entire 73.1% stake in Zambia's Mopani Copper Mines to the government's mining investment arm ZCCMIH rather than becoming a
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Nov 17, 2021· MOPANI WORKERS PROTEST. IRATE Mopani Copper Mines (MCM) employees yesterday protested over Governments delay to approve the payment of US15 million second batch of benefits which they had worked for under Glencore PLC. The giant mining company had already secured the money to pay the miners, but it was waiting for the governments
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Jan 19, 2021· Glencore has announced that its subsidiary, Carlisa Investments Corp. (Carlisa), in which Glencore hs 81.2% of the shares, has signed an agreement with ZCCM Investments Hing plc (ZCCM) to transfer its 90% interest in Mopani Copper Mines plc (Mopani) to ZCCM, the owner of the remaining 10% interest in Mopani, for US1 and the Transaction Debt.
CHATApr 16, 2020· Although Mopani closed its mines on 8 April, it continued with processing material it has on location in its smelter and refinery. Mopani had cited the reason for the closure due to a quick fall in the copper price, and disruptions to transportation and supply chains as a result of Covid19.
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Apr 15, 2020· This follows Mopani Copper Mines alleged breach of provisions of the Mines and Minerals Act and the Employment Code Act. This is according to a letter to Mopani Copper Mines, Chief Executive Officer, Nathan Bullock from Mining Licensing Committee Secretary Micheal Chibonga and made available to ZNBC News.
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Jan 19, 2021· The Swiss mining and trading group announced today a nominal 1 deal for Mopani Copper provided Zambia Consolidated Copper Mines (ZCCM), the statecontrolled miner, agreed to shoulder debt held in Mopani Copper. ZCCM, as a 10% shareher in Mopani,
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Apr 08, 2020· April 8, 2020. arnbethnic. Copper mining company Mopani Copper Mines plc said on Tuesday that it had placed its mining operations on care and maintenance and a number of projects on h. Mopani, owned 73.1% by Glencore, is an integrated copper producer located in the Copperbelt of
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Aug 14, 2017· Glencores Zambian unit Mopani Copper Mines (MCM) will pay increased electricity prices caused by the removal of state energy subsidies, the mines minister said Monday, following a dispute with its electricity supplier. Copperbelt Energy Corp....
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14 hours ago· IRATE Mopani Copper Mines (MCM) miners yesterday protested against the uncertainty surrounding payment of the second instalment of their
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Apr 16, 2020· The PF government last evening detained Mopani Copper Mine CEO as he tried to leave the country . Glencore said Nathan Bullock, the chief executive of Mopani Copper Mines, had been held at Lusaka airport in connection with its decision to shutter the business for three months. Nathan has subsequently been released, Glencore said in
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Nov 17, 2021· MOPANI WORKERS PROTEST. IRATE Mopani Copper Mines (MCM) employees yesterday protested over Governments delay to approve the payment of US15 million second batch of benefits which they had worked for under Glencore PLC. The giant mining company had already secured the money to pay the miners, but it was waiting for the governments
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Jan 19, 2021· Mopani Copper Mines operates underground mines, a concentrator, a smelter, and a refiner at its Mufulira mine site, as well as open pit mines, a concentrator, and a cobalt plant at its Nkana mine site. In 2018, Mopani Copper Mines produced a total of 59,302 tonnes of copper from Mopani sources and a further 60,188 tonnes from thirdparty
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Nov 02, 2021· The government says it will address the issue surrounding the operations of Konkola Copper Mine ( KCM ) and Mopani Copper Mine ( MCM)
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