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Zambia : Zambia's Mining Licenses backlog to be cleared by July 2023, says Permanent Secretary

Lusaka - Zambia: Zambia's Ministry of Mines and Minerals Development has announced plans to improve the processing and issuance of mining licenses. According ....

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Zambia denies previous reports of closing the Konkola copper mine_SMM

The content below was translated by Tencent automatically for reference.
An official from Zambia s Ministry of Mines said on Thursday that (KCM) at the country s Konkola copper mine had not been temporarily or permanently closed, denying previous foreign media reports.
Earlier, foreign media quoted Barnaby Mulenga, an official of the country s Ministry of Mining, as saying that production had to be stopped due to a lack of funds to mine the underground mine of the, Konkola Deep copper mine and other facilities in KCM.
the Konkola copper mine continues to operate, Mulenga said on Thursday.
there is no evidence that production has been suspended or stagnated and production continues. ....

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Zambia halts production at Konkola Deep copper mine

06 May 2021 (Last Updated May 6th, 2021 11:24)
Zambia has reportedly closed the Konkola Deep underground copper mine due to a lack of capital investment.
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The mine is operated by Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources.
Zambia Ministry of Mines permanent secretary Barnaby Mulenga was reported by Bloomberg as saying that the cessation of the mine comes due to a lack of funds required to develop new mining areas.
The funding shortage is also affecting KCM’s other operations, reported the news agency.
In 2019, KCM was placed under provisional liquidation. The move followed allegations by the Zambian Government that Vedanta paid scanty tax and concealed plans about the mine expansion. ....

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