Mopani copper mines electricity crisis enters day three 14. Minority shareholders are spread throughout the world, in various locations. Mopani copper mines plc mufulira mine environmental project brief for the smelter upgrade project isasmelt furnace july 2004. Jul 29, 2011 lusaka, july 29 reuters commodity trader glencore international plc has appointed the head of its congolese subsidiary as chief executive of zambias mopani copper mines, mopani said on friday.
The company operates an employment policy of meritocracy aiming to employ the right people with the right skill, irrespective of race, gender or creed. Glencore plc s copper unit in zambia said a dispute over electricity fees that has already led to reduced power supply may result in the dismissal of 4,700 workers. On behalf of the board of directors, i am pleased to share with you the performance of zccm investments holdings plc zccmih as a company and that of its investee companies during the financial year ended 31 march 2016. In zambia, glencore manages mopani copper mines, which consists of four underground. Its the safest mine in southern africa where you can work safely as safety is the first piriot.
Jun 26, 2014 unlock indepth intelligence about mopani copper mines plc. Mopani copper mines plc is a zambian registered copper mine owned by zccmih 10 per cent, glencore plc 73. Get the inside scoop on jobs, salaries, top office locations, and ceo insights. Mopani copper mines plc found in yellow pages zambia. Mopani copper mines plc v millennium underwriting ltd 2009 lloyds rep ir 158 queens bench divisioncommercial court before mr justice christopher clarke. Twiflex has delivered mine hoist parking brakes for the nkana site transport. Mopani copper mines plc offers reliable and efficient services. Konkola copper mines plc kcm is one of africas largest integrated copper producers and has operations in four locations namely, chililabombwe. Jun 22, 2015 mopani copper mines plc, a joint venture company comprising major shareholders glencore, first quantum minerals ltd and zccm investment holdings, owns operations in mufulira and nkana on the copperbelt in zambia. Cec continues to restrict power supply as mopani insists it. Chris vermeulen randfontein high school zambia linkedin. Zambia plans to revoke mopani copper mines licences. Looking for mining companies corporations in kitwe, zambia. Mopani copper mines mcm commenced the partial suspension of operations in september 2015 and reduced smelter operating capacity.
During the suspension period, mcm focused on making capital improvements on the synclinorium shaft at nkana, and the mindola deeps and mufulira deeps projects. Mopani copper mines plc is a zambian registered copper mine owned by zccmih 10%, glencore plc 73. Here is how we contribute to the country and help support its people. Dec 14, 2017 mopani copper mines plc, a joint venture company comprising major shareholders glencore, first quantum minerals ltd and zccm investment h0ldings, owns operations in mufuya and nkana on copperbelt in zambia. Mopani copper mines is a good working place to gain experience i have learnt a lot whilest working for the company like how to hundle pressure from the big bosses for example when you have to do a big job in a short period of time because in companies like mopani its all about producing so once the plant has been shut down because of a. Copper cobalt africa, incorporating the 9th southern african base metals conference livingstone, zambia, 1012 july 2018 southern african institute of mining and metallurgy 1 copper refinery modernisation, mopani copper mines plc.
Mr bullock takes over from mr chris vermeulen, who left mopani copper mines plc in july 2019. Glencore international plc mopani copper mines plc, sable zinc kabwe limited. Mopani copper mines plc latest job vacancies december 2017. This paper focuses on the comparison of corporate social responsibility in mining industry. Copperbelt energy corporation update on mopani copper mines. Mopani s operations consist of four underground mines, a concentrator and a cobalt plant in the town of kitwe and an underground mine, concentrator, smelter and refinery in the town of mufulira. This website is a platform to share information on the current situation at vedantas kcm operations in zambia. This mine belongs to the consortium mopani copper mine mcm, whose main shareholder is the swiss firm glencore. Zccm investments holdings plc zccmih owes its continued existence, to the mining industry, where, at the moment, virtually all of its investments are held. Apr 09, 2020 zccm investments holdings plc is a successor company to zambia consolidated copper mines limited zccm ltd, of zambia listed on the lusaka stock exchange. On 1 april 2000, mopani purchased the zccm assets at mufulira and nkana, consisting of the underground mine, concentrator, smelter, refinery and cobalt plant, from the government. In april 2000, mopani purchased assets of the zambia consolidated copper mines limited zccm comprising underground mines, a concentrator, a smelter and a refinery at mufulira mine site and.
We mine for copper in zambia through our majority shareholding in mopani copper mines situated in the north of the country near. The shaft, which when completed by next year read more. Noort mopani copper mines plc, zambia this paper was originally presented at the north american9th us ventilation. Zccm investments holdings plc zccmih a successor company to zambia consolidated copper mines limitedzccm ltd is a premier diversified investments holding company, the government of the. Aug 14, 2017 the stand off between copperbelt energy corporation and mopani copper mines has entered day three. Mopani copper mines plc, a joint venture company comprising major shareholders glencore, first quantum minerals ltd and zccm investment holdings, owns operations in mufulira and nkana on the copperbelt in zambia. As data gatherers for over 30 years, mining intelligence is your trusted resource to put critical and timely information at your fingertips. On 11th august, 2017 the copperbelt energy corporation plc cec effected a restriction of power supply to mopani copper mines plc mcm to 94mw from their normal uptake of mw. Mopani copper mines ist eine aktiengesellschaft in sambia. The kitwe high court has granted mopani copper mines mcm an interim injunction restraining the copperbelt energy corporation cec against restricting power supply to the mining firm until the. Mopani copper mines plc mopani is a zambian registered company owned by carlisa investments corporation a joint venture company comprising glencore international ag 73. As an investment company, having been transformed from a huge operating mining conglomerate involved in sponsoring. Konkola copper mines plc kcm, one of africas largest integrated copper producers, is a subsidiary of vedanta resources plc, one of the worlds largest diversified natural resources companies. Zambia was the worlds sixth largest copper producer in 2011 with 715,000 tonnes.
Copperbelt energy 2019 interim financial results copperbelt. Mopani s operations consist of four underground mines, a. The strategy, previously announced by the former ceo and now chairman of mopani emmanuel mutati, will update and modernise all existing communications. Apprenticeship mopani copper mines plc jobs in zambia. Home africa zambia mining and minerals mopani copper mines plc back to mining and minerals. Zccm investments holdings plc mining industry data. Cec continues to restrict power supply as mopani insists it wont pay according to new tariffs. All content is posted anonymously by employees working at mopani copper mines.
Mopani copper mines electricity crisis enters day three 14 08. Glencore appoints new ceo for zambias mopani mine reuters. Mopani copper mines plc is a zambian registered copper mining company owned by carlisa investments corporation 90% and zccmih 10%. Since inception in 2000, mopani has implemented a number of safety initiatives that have contributed to the reduction in lost time injury frequency from 9. Compare pay for popular roles and read about the teams worklife balance. There is no interference by top management when it comes to issues concerning safety and all employees at mopani have been allowed to call emergency line if they are forced to do unsafe work without intimidation. Mopani copper mines plc, mining companies corporations. Mopani copper mines plc was originally part of zambia consolidated copper mines limited zccm, and was stateowned until its privatisation in 2000. Metorex limited acquired 85% of the shares with zccm investments holding plc holding the remaining 15%. The kpmg name, logo and cutting through complexity are registered trademarks or. Find out what works well at mopani copper mines plc from the people who know best. Effective shareholding in mopani by glencore and fqm is, therefore, 73. A draft grant thornton report alleged that tax avoidance by glencore in zambia cost the zambian government hundreds of millions of dollars in lost revenue. Mopani copper mines plc v millennium underwriting ltd.
Effective shareholding in mopani by glencore and fqm is therefore 73. Glencore zambia unit may fire 4,700 workers bloomberg. Mopani copper mines is a good working place to gain experience i have learnt a lot whilest working for the company like how to hundle pressure from the big bosses for example when you have to do a big job in a short period of time because in companies like mopani its all about producing so once the plant has been shut down because of a breakdown job the more hours you spend on the job the more. Mopani copper mine is an integrated copper and cobalt producer located in the copperbelt of zambia. This was done in view of the lower copper environment. Project manager at mopani copper mines plc mufulira mine site. Mopani copper mines plc mopani has this month launched a new logo as part of its first stage of a wider rebranding strategy. Copper refinery modernisation, mopani copper mines plc.
The rainbow party has told the government to stop demonizing mopani copper mines because zambia is paying consequences of giving minerals to foreign investors. Dec 16, 2019 mopani copper mines plc is a zambian registered copper mine owned by zccmih 10%, glencore plc 73. Operator mopani said shutdowns were planned lifecycle end of li. Mopani is committed to establishing a winning team and a copper and cobalt business it can be proud of. Kansanshi mining plc, jointly owned by first quantum 80% and the zambian government 20%. Mopani copper mines plc mopani is a zambian registered company owned by carlisa investments corporation and zccmih 10%. It compares specifi c territorial areas of two diff erent countries one of them country that could.
Reuters at least 41 artisanal miners were killed on thursday when part of a copper and cobalt mine owned by glencore plc collapsed in southeast congo, the provincial governor said. Glencore mining fatalities in recent years reuters. Mopani copper mines plc zccm investments holdings plc. Mopani copper mines careers and employment opportunities. Lusaka, july 29 reuters commodity trader glencore international plc has appointed the head of its congolese subsidiary as chief executive of zambias mopani copper mines, mopani. Mopani the present report examines the real impacts on development and the environment of a project funded by the eib. Zccm investments holdings plc zccmih a successor company to zambia consolidated copper mines limitedzccm ltd is a premier diversified investments holding company, the government of. International expert team report to the commissioner domestic taxes, zambia revenue. Mopani copper mines plc is the largest mining corporation operating in.
Environmental conflicts of mopani copper mines plc. The predominant megastructure of the mining area is the northwestplunging nkana syncline. As zccmihs investment is largely in the mining sector, the company experienced low to static growth owing to the. This structure is asymmetric, with a curved axial plane inclined.
In june 20, mopani copper mines plc mcm committed to the. It is with deep regret that mopani copper mines plc confirms an incident of a fatal underground fire at mindola north shaft in kitwe on thursday, 7. Carlisa investments corporation is jointly owned by glencore plc 81% and first quantum minerals ltd 19%. Chibuluma mines plc, a copper mining company, which is a subsidiary of metorex limited, is one of the first two copper mining companies to be privatised in 1997. January 9, 2019 mining companies accounted for more than a quarter of governments income zambia eiti report. The company operates the chibuluma south and chifupu ore bodies. The stand off between copperbelt energy corporation and mopani copper mines has entered day three.
Tragically, the lives of three employees were lost after a loader caught fire, he stated. Uncover why mopani copper mines plc is the best company for you. Mopani copper mines plc is an integrated copper and cobalt producer located in the copperbelt province of zambia. Aug 22, 2017 glencore plcs copper unit in zambia said a dispute over electricity fees that has already led to reduced power supply may result in the dismissal of 4,700 workers. According to christian aid more than half of the copper. This is a reduction of up to 36mw, equating to about 28% of mcms normal supply. The cause for the complaint lay in the financial and accounting manipulations performed by the two companies subsidiary, mopani copper mines plc mcm, to evade taxation in zambia. Mopani copper mines plc is pleased to announce the appointment of the new chief executive officer, mr nathan bullock, who joins the company from bhp olympic dam mine in australia. Zambia intends to revoke mining licenses of mopani copper mines mcm as the firm did not give enough notice before the suspension of its. To be a world class integrated copper producing company leveraging mineral and human resources to enhance stakeholder value and be the pride of zambia. Mopani copper mines plc mining companies corporations. Mopani copper mines plc, owned by carlisa investments corporation a joint venture of a leading global commodity trader glencore international plc and first quantum mineral ltd.
1441 535 56 1381 877 1368 773 1238 1366 766 860 737 946 264 457 526 1511 1303 1041 832 1353 1479 1201 1073 895 606 668 651 718 1017 1113 666 164 878 79 550 736 934 970