Zambia denies report it shuttered Konkola Copper Mines
Zambia’s Konkola Copper Mines (KCM) has not been temporarily or permanently shuttered, a mines ministry official said on Thursday, denying a Bloomberg report about the copper mine previously owned by India’s Vedanta Resources. Bloomberg cited mines ministry permanent secretary Barnaby Mulenga saying on Wednesday that Zambia halted production at the Konkola Deep underground pit and other KCM operations because of a lack of funds to develop new mining areas. “The operations of Konkola Copper Mines have continued,” Mulenga told Reuters on Thursday. “There is no point at which production has…
Read More Here
