On 19th January 2021, Minister of Mines Richard Musukwa announced the Government's strategic step to own 100 percent shares in Mopani Copper Mine through the state mining investment arm, ZCCM-IH ...
Get Quote10th October 2023. By: Reuters. Font size: - +. The Zambian government is expected to make a final decision on the sale of Mopani Copper Mines this month, securing a new investor for the assets it ...
Get QuoteAs part of the agreement, ZCCM will pay Glencore creditors from Mopani Mine's revenue. Initially, a payout of 3% of income will be paid up to 2023. After which revenue payouts will rise to 10 -17.5%. The deal also stipulates a quarterly interest payment of LIBOR+ 3%. Zambia's mining corporation will also be required to pay 33.3% of EBITDA.
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Get QuoteNFCA CELEBRATES 25TH ANNIVERSARY IN ZAMBIA AND PLAN US$400 MILLION EXPANSION. September 27, 2023. LUBAMBE COPPER MINE – SUPPORT SERVICES …
Get Quote2047. Mopani Copper Mines are the Mufulira mine site (in Mufulira) and the Nkana mine site (in Kitwe). The Mufulira site has an underground mine operation, a concentrator, a …
Get QuoteImage courtesy of . Zambia's Mopani Copper Mines (MCM) has shut down its Mufulira smelter for major refurbishment, the Glencore-owned company said on …
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Get QuoteIndirect. Mopani Copper Mines Plc is a multi-faceted mining investment with operations in Kitwe and Mufulira districts of the Copperbelt Province. A Zambian registered entity, Mopani Copper Mines Plc is owned by ZCCM Investment Holdings Plc (ZCCM-IH), a diversified mining investments and operations company. ZCCM-IH assumed ownership of Mopani ...
Get QuoteAnother mine owned and operated by First Quantum, the Sentinel open-pit copper mine is situated 150 kilometers west of Solwezi in Northwestern Zambia. It was first constructed in 2012 for a total ...
Get QuoteMopani Copper Mines will secure a new investor by the end of this quarter, Zambia's mines minister Paul Kabuswe said on Monday, calling the complex owned by state mining investment firm ZCCM-IH a ...
Get Quote"ZCCM-IH has agreed to take over Glencore's majority stake in Mopani Copper Mines in a $1.5 billion deal funded by debt, and will look for a new investor, Mines Minister Richard Musukwa has ...
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Get QuoteThe Zambian government is expected to make a final decision on the sale of Mopani Copper Mines this month, securing a new investor for the assets it bought from Glencore in 2021, a source with ...
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Get QuoteSector: Energy & Mining. Mopani Copper Mines Plc is a Zambian registered copper mining company owned by Carlisa Investments Corporation (90%) and ZCCM-IH (10%). Carlisa …
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Web14. 10,736 views. Mopani Smelter in Mufulira. Mopani Copper Mines says it is on course to commission its $323 million deep mine copper project by the second quarter …
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Get QuoteMopani has produced 153.2kt 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.
Get QuoteMCM is a Zambian registered copper mine owned by ZCCM Investments Holdings PLC (ZCCM-IH). The company's assets comprise underground mines, a concentrator, a smelter, and a refinery at the Mufulira mine site, and underground mines, open pits, a concentrator, and a cobalt plant at the Nkana mine site in Kitwe.
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