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Zambia denies report it shuttered Konkola Copper Mines
‘Konkola is currently operating and there are no plans to put it on care and maintenance now or in the future,’ Provisional Liquidator Milingo Lungu.
By Chris Mfula and Helen Reid, Reuters
6 May 2021
11:18
Image: Bloomberg
Zambia’s Konkola Copper Mines (KCM) has not been temporarily or permanently shuttered, the state-appointed provisional liquidator of the copper mine previously owned by Vedanta Resources said on Wednesday, denying a Bloomberg report.
Bloomberg reported on Tuesday, citing mines ministry permanent secretary Barnaby Mulenga, that Zambia halted production at Konkola Deep and other KCM operations because of a lack of funds to develop new mining areas.