Zambian Govt Looking For Mopani Copper Mines’ Partner
Mines and Minerals Development Minister PAUL KABUSWE says Government is working to identify a strategic partner and financier for Mopani Copper Mines.
Mr. KABUSWE says Government will continue working to find capital for the mining firm even when it is also trying to source for its own money for operations.
And the Mines Minister says Konkola Copper Mines -KCM- has appointed a financial advisor who is working closely with Government and the provisional liquidator to identify and develop strategic options to secure the long term future of the mine.
Speaking during a press briefing in Lusaka today, Mr. KABUSWE said the expected outcome will lead to a guaranteed duration of the mining operations.
He said Government has placed priority on ensuring that the issues involving the two mines are resolved soon.
Mr. KABUSWE said Government will inform the nation when progress is made.
