By CHATULA KANGALI-ZCCM Investment Holdings (IH) has agreed to provide a corporate guarantee to Ecobank Plc for the amount of US$15 million as working capital for Mopani Copper Mines (MCM).
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Posts tagged as “Mopani Copper Mines”
[Times of Zambia] Some of the thousands of Mopani Copper Mines workers sent on leave last week as operations were suspended have asked the government to find other investors to take over the assets in Kitwe and Mufulira.
[Times of Zambia] State House said yesterday the standoff between Mopani Copper Mines (MCM) and Copperbelt Energy Corporation (CEC) over the revised electricity tariffs had been resolved, with the two firms reaching an agreement leading to the resumpti...
[Times of Zambia] The Government should act quickly to resolve the tariffs stand-off between Mopani Copper Mines (MCM) and the Copperbelt Energy Corporation (CEC) before it develops into a contagion infecting other mining firms, an energy workers' unio...
[Times of Zambia] FINANCE Minister Felix Mutati was yesterday locked up in a meeting with Mopani Copper Mines (MCM) and the Copperbelt Energy Corporation over a standoff on the revised electricity tariffs.
[Times of Zambia] Mopani Copper Mines (MCM) has given notice to retrench nearly 5,000 workers in view of a power supply standoff with the suppliers Copperbelt Energy Corporation (CEC).
[Times of Zambia] Government is optimistic that most of the 4, 000 miners that have been laid off at Mopani Copper Mines (MCM) will be re-employed once the Glencore-owned mining firm's ambitious transformation programmes begin to bear fruit next year.
[Times of Zambia] ALL the 13 Mopani Copper Mines (MCM) workers who were choked and rushed to hospital following a fire incident at the Mindolo sub-vertical in Kitwe are out of danger and have been discharged from hospital.
[Times of Zambia] Last week I discussed the impulsive spending habits that have spread through some miners who received their retrenchment packages from Mopani Copper Mines in Kitwe recently.
[Times of Zambia] The tragedy of losing jobs for the 3,600 retrenched miners at Mopani Copper Mines (MCM) on the Copperbelt might be their worst moment; but for some, what appears to be the end of the journey could actually be the beginning of a better...
[Zambia Reports] Mining giant Mopani Copper Mines has finally confirmed the worst guarded secret in the troubled mining sector saying it will from this Saturday retrench 4, 300 miners.
[Zambian Watchdog] Mopani Copper Mines (MCM) has laid off 3,051 workers as part of Glencore's debt reduction strategy.
[Zambia Reports] Three miners at Mopani Copper Mines were rushed to hospital on Thursday night after they sustained injuries following an electrical fire that gutted one of the breakers at the Nkana concetrator in Kitwe, according to a report by ZANIS.
[Times of Zambia] A total of 284 miners at Mopani Copper Mines (MCM)'s Mindolo North Shaft in Kitwe were on Wednesday night trapped underground after the 11kv sub-station supplying power to the plant got burnt.
[Times of Zambia] NINETEEN expatriate employees at Mopani Copper Mines (MCM) have been laid off after a review of operational requirements for expatriate labour.
[Times of Zambia] First Lady Esther Lungu yesterday broke down when she visited funeral houses for Mopani Copper Mines (MCM) miners who were buried alive after a rock fall at 3240 feet level at the South Ore Body (SOB) shaft.
[Times of Zambia]A SENIOR section surveyor at Mopani Copper Mines (MCM) has narrated before a Kitwe magistrate's court how some residents of Mindolo North allocated land belonging to the company, to themselves.
[Zambia Reports]The shadow boxing between government and the mines over the US$630 million Value Added Tax Refunds being withheld by government is blowing out of order with Mopani Copper Mines saying the jobs of over 20, 000 Zambians are at risk.
[Times of Zambia]TWO miners have been injured in another Mopani Copper Mines (MCM) underground accident at Mindolo Sub-vertical Shaft in Kitwe barely a week ago after two miners died at the same mine. The two miners got injured on Monday in a rock fall.
[Times of Zambia]Government has congratulated Mopani Copper Mines Plc for winning the 2013 Mining Company of the Year award at the Chamber of Mines of Zambia's inaugural industry-based awards.