Copper mining company Mopani Copper Mines plc said on Tuesday that it had placed its mining operations on care and maintenance and a number of projects on hold. Phone: +260 2 247000/247002 But some stakeholders have cautioned government against any planned move to acquire its stake as it could render the mining company commercially unviable due to possible excessive political interference. Mopani Copper Mines, which produced 119,000 tonnes of copper in 2018, is 73.1% owned by Glencore, 16.9% by First Quantum Minerals and 10% by Zambia’s mining investment arm ZCCM-IH. Ill intention! So, if they start closing the mines, how will our children learn? Stratabound (SMS) Summary: The predominant mega-structure of the mining area is the northwest-plunging Nkana syncline. Human Resources Head of Department Metorex December 2014 – May 2018 3 years 6 months. Mopani copper mines public relations manager Nebert Mulenga who revealed this to phoenix news says the mining firm will issue a notice of its intention to place its mining operations on care and maintenance after 90 days. Mulenga declined to disclose the size of the stake that state-owned ZCCM Investments Holdings is trying to acquire. Box 22000 Kitwe, Zambia 1.3 Telephone Number of Developer +260 2 247000/247002 1.4 Fax Number and Electronic Mail Address +260 2 220725 mopani@mopani.com.zm 1.5 Name of Owner of Mine Mopani Copper Mines Plc, Comprising The Following: Name Shareholding Glencore International AG … When Mopani Copper Mines commenced operations in 2000, the region’s malaria control activities had completely come to a halt, and the disease’s incidence rate had risen to 216 people in a population of 1000. So, who has been benefiting in Mopani?”. Mopani copper mines PLC is a good company now people who are in front are selfish, if they change the Management will be highly better for mopani copper mine PLC to go higher. The investor can no longer be trusted to run our mines. (Bloomberg) --Zambia expects to conclude talks over buying Glencore Plc’s stake in Mopani Copper Mines Plc within a month, according to Barnaby Mulenga, permanent secretary in the Ministry of Mines. Mopani Copper Mines Plc Corporate Office Nkana West Corner of Central Street and 5th Avenue P. O. Mopani Copper Mines Plc Address: Corporate Office Central St Nkana West, Kitwe, Zambia City of Zambia Post Office box: 22000, Kitwe, Zambia Phone number: 021 224 7012, 021 224 7847, 021 224 7817,, Fax: 021 224 7445 Categories: Mining Companies Corporations, 2 Reviews (4 / 5) Mining Companies Corporations . Mopani Copper Mines Plc is a Zambian registered copper mining company owned by Carlisa Investments Corporation (90%) and ZCCM-IH (10%). The shaft, which when completed by next year … Read More » MOPANI PROMOTES SAFE MINING. MOPANI Copper Mines says the decision to put the mine on care and maintenance starting tomorrow April 8, is as a result of the critical disruptions to international mobility, transportation and supply chains arising from COVID-19. However, the development agreements that were signed between the state and the new investors did not effectively address environmental protection. Kitco News . The Swiss-based commodity and mining company had earlier this year announced its intention to place Mopani on care and maintenance, signalling its desire to exit the Zambian mining sector in response to its escalating operational costs. (operator) 100 %: Direct: Mopani Copper Mines Plc is a Zambian registered copper mine owned by ZCCM-IH (10%), Glencore Plc (73.1%) and First Quantum Minerals Ltd (16.9%). 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. Still, Mopani was unprofitable even before the coronavirus pandemic led to a collapse in the copper price, convincing Glencore that its best option was to mothball the mines … Zambia expects to conclude talks over buying Glencore Plc’s stake in Mopani Copper Mines Plc within a month, according to Barnaby Mulenga, permanent secretary in the Ministry of Mines. N F C Africa Mining Plc. People promised that privatisation will bring good things, that it will bring jobs, mines will be (well) capitalised. Minority shareholders are spread throughout the world, in various locations. MOPANI COPPER MINES PLC management and is committed to achieving excellence in this business activity through the implementation of health, safety and environmental management systems that are consistent with International standards. Mopani, yes, they have invested, but there has been no sustainability on jobs. “What Mopani has done in the last 20 years of existence, they have sent more people into graves; they have sent more people into destitution than ZCCM. Zambia could win its bid to buy the Mopani Copper Mine stake from Glencore. Chewe argued that unionised workers could no longer trust expatriates to run the company as it had continued to retrench workers. You will cry how they run down the mine and these are privatised mines,” Chewe said. “It’s Mopani who wants to put the mine on care and maintenance, how does nationalisation come in when it is Glencore, who is not willing to be in this country like they have done in Congo, South Africa they have also closed mines, they don’t want to be mining, they want to be trading. mopani@mopani.com.zm, Technical & Environmental Consultancy Services, Misenge Environmental & Technical Services Ltd, Mopani Copper Mines Plc Extract from 2019 Annual Report, Mopani Copper Mines Plc Extract from 2018 Annual Report, Mopani Copper Mines Plc Extract from 2017 Annual Report, Mopani Copper Mines Plc Extract from 2016 Annual Report, Zambia Sees Deal With Glencore Over Mopani Within a Month, COME CLEAR ON MOPANI…why is Mopani’s Glencore exiting Zambia, Mopani To Resume Mining Operations As Soon As Government Approves Its Latest Proposal, Glencore to report Zambia Copper mines pending agreement with government, Zambia Extractive Industries Transparency Initiative, Visual Capitalist: Copper – The Essential Metal (Prt I), Visual Capitalist: Copper – The Essential Metal (Prt 2), Visual Capitalist: The Looming Copper Supply Crunch, Misenge Environmental Technical Services Ltd. Plot No. Chewe said the privatisation of mines had relegated Zambians to more suffering and poverty. Rajan Dhall Tuesday November 17, 2020 07:50. Take ownership for driving your own career development by participating in ongoing training and development activities such as conferences, workshops, etc. THE Mine Workers’ Union of Zambia (MUZ) says government’s intention to buy 90 per cent shares in Mopani Copper Mines from Glencore will redeem the mine’s operations. “What is important to know is what mistake did ZCCM make, for instance, government was getting more money from ZCCM operations that is how it collapsed. The Health, Safety and Environment policy supports Mopani’s commitment to sustainable development, to work safely in an environment that promotes the health … THE Mine Workers’ Union of Zambia (MUZ) says government’s intention to buy 90 per cent shares in Mopani Copper Mines from Glencore will redeem the mine’s operations. Glencore Finance is the major shareholder of Carlisa Investments Corporation, which in-turn, is the majority shareholder of Mopani. 1). He testified that Alex Alube was an employee of the first defendant, Ultima Engineering Limited, and that he died on 2 nd October, 2007 in a mine accident which occurred whilst he was working for the first defendant at the Nkana Mine site of Mopani Copper Mines Plc in Kitwe. Look at Vedanta how they have ripped the mine, you will cry if you go to KCM (Konkola Copper Mines)! GLENCORE may sell its entire 73.1% stake in Zambia’s Mopani Copper Mines to the government, said Reuters citing two sources with direct knowledge of the matter. In 2000, the government sold the Mufulira mine, smelter and refinery to Glencore International, transforming it into Mopani Copper Mines Plc. If people who are internationally connected are moving out, what resumption of operations are you talking, you sound completely like the same old story that led to privatising the mines, sweet statement after sweet statement, while the mine is turnig in to a white elephant , and your self a parasite on ZCCM coffers. Mopani Copper Mines Plc is a Zambian registered copper mine owned by ZCCM-IH (10%), Glencore Plc (73.1%) and First Quantum Minerals Ltd (16.9%). They have been killing people indirectly! He loves following current affairs and interacting with politicians. Even suppliers and contractors have been complaining, all the big contracts are going to South Africa and outside. Having known those mistakes, that is where we can work on those issues. You remember Kaunda was getting money from KCM to build a bridge in Eastern Province, to build a bridge in Northern Province, government was getting money to pay students at UNZA and other projects, so that was the problem. ZCCM-IH currently has 10% of Mopani, with Glencore holding 73.1% and Vancouver-based … He says. We are far much better under a government watch because anyone who will be President they will be held accountable. The project was supposed to stimulate economic growth and reduce poverty, secure and stabilize employment in Mufulira and improve the quality of the environment by reducing sulfur and dust emissions around Mopani site. Metorex. Zambians we should admit Running these mines we have failed, because for us it’s showing off who the director the best engineer, meeting in hotel rooms, instead of working. Mopani Copper Mines PLC ("Mopani") is a Zambian registered company owned by Carlisa Investments Corporation (a joint venture company comprising Glencore International AG (73.1%) and First Quantum Minerals Ltd (16.9%)) and ZCCM-IH (10%). Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Mopani Copper Mines Plc is a Zambian registered copper mine owned by ZCCM-IH (10%), Glencore Plc (73.1%) and First Quantum Minerals Ltd (16.9%). In an interview, MUZ president Joseph Chewe hailed government’s recent announcement of its intention to acquire Glencore’s 90 per cent shareholding in Mopani, saying the move will help resuscitate the mining company. In February 2005, the EIB granted a EUR 48 million loan to Mopani Copper Mine (MCM) for the rebuilding and modernisation of the Mufulira copper smelter. If they put the mine on care and maintenance, who are they killing? Glencore Plc is facilitating the offloading of 90 per cent shareholding in Mopani to ZCCM-IH. Nkana West, Corner of Central Street and 5th Avenue So, we, the people on the ground, in terms of jobs, we have lost out. Email: ulande [at] diggers [dot] news. What is important is that we need to protect jobs. “As of now, we are discussing a potential sale of their stake in Mopani,” said one of the sources. In April 2000, Mopani purchased assets of the … We have invested more than $1 billion in the Mopani mine since 2014 – extending its life by a further 25 to 30 years. And he said that it was better for government to control mining companies as this would sustain miners’ livelihoods. Eine andere Sache ist der Umstand, dass auch diese Wurzeln, wie viele andere, Gerbstoffe und Huminsäuren an das Aquarienwasser abgeben können. According to ZCCM-IH first cautionary announcement issued on September 4, 2020, the holding company has commenced discussions with Glencore Finance (Bermuda) Limited regarding the future of Mopani Copper Mines Plc. Share this article: Editor's Note: With so much market volatility, stay on top of daily news! Lus/9812/649-MC8 off Alex Chola Road Nyumba Yanga P.O. People are suffering here!” Chewe complained. He makes decisions that are not favourable for local Zambians that depend on that asset. Mopani Copper Mines plc. Mopani can be: . When we were working under ZCCM, there was job security; you will get a job until you retire if you are not dismissed on disciplinary issues. This structure is asymmetric, with a curved axial plane … 4 years 10 months. Would love your thoughts, please comment. Kitwe. Mopani Copper Mines June 2018 – Present 1 year 5 months. What type of news do you like reading the most? Box 32147 Lusaka, Zambia, Telephone or WhatsApp: +26-097-7708285 +26-095-3424603 +26-096-5815078, Email: diggers [at] diggers [dot] news editor [at] diggers [dot] news, Ulande is a reporter with an experience in radio broadcasting. Standby for the coming white elephant. Search all the latest Mopani jobs in limpopo. How have you contributed to Zambia's economy? Mopani Wurzeln für den Einsatz im Aquarium vorbereiten. P. O. That is why China is rich, the money goes to government and not individuals.”. A Glencore spokesman declined to comment. Mine Worker of Zambia president Joseph Chewe speaks at the OSISA/News Diggers discussion forum at Edinburgh Hotel in Kitwe, Don’t be quick to judge PF, we’ve all done something wrong – Tilyenji, XTL acquires 72% stake in Madison Finance Services. Effective shareholding in Mopani by Glencore and FQM is, therefore, 73.1% and 16.9%, respectively. salary immunisation between the higher Position and the General workforce is not good. MCM Mopani Copper Mines mm millimeter MSEF Matte Settling Electric Furnace MVA Mega-volt-amperes MW Megawatts Nm³/hr Normal cubic meter per hour SO2 Sulphur Dioxide SO 3 Sulphur Trioxide SRK Steffen, Robertson and Kirsten tpa tonnes per annum tpd tones per day TSL Top Submerged Lance USA United States of America . The World Bank and the IMF cheated this country that privatisation is going to work, it has never worked here. Z ambia expects to conclude talks over buying Glencore Plc’s stake in Mopani Copper Mines Plc within a month, according to Barnaby Mulenga, permanent secretary in the Ministry of Mines.. Mulenga declined to disclose the size of the stake that state-owned ZCCM Investments Holdings is trying to acquire. during the 90 day period, Mopani copper mines plc will continue to engage with the government on potential solutions to its current challenges. Mopani Copper Mines Plc, a unit of global commodity trader and Switzerland based Glencore Xstrata has in earnest stepped up efforts to complete the much awaited US$323 million Synclinorium Shaft at the Company’s Nkana mine in Kitwe to elongate the mine’s lifespan. Sign up here! Look at the Chinese mines, all the Chinese mines that we have in Zambia, Luanshya Mines, it is CNMC (China Nonferrous Metal Mining Company) and it is government; Chambeshi Mines is CNMC and it is a government institution. Gerbstoffe … The company’s success has been as a result of its focused approach to improvement and the mutually beneficial relationship enjoyed with its stakeholders – an important … Zambia intends to revoke the mining licenses of Mopani Copper Mines (MCM), a subsidiary of Glencore, as the firm did not give sufficient notice before suspending its mining operations due to the coronavirus Covid-19 crisis. Deposit Type. Carlisa Investments Corporation is jointly owned by Glencore Plc (81%) and First Quantum Minerals Ltd (19%). The Chinese have shown us that they can run the operations successfully,” said Chewe. Our bigger picture is our mines running properly. Minority shareholders are spread throughout the world, in various locations. Mining Licensing Committee secretary Michael Chibonga sent a notice dated 14 April to Mopani chief executive Nathan Bullock. So, they (government) are not nationalising, they are responding to what Glencore said. I worked at Mufulira Copper Mine from 1968 to 1982 with breaks working in London working for Seltrust Engineering and at the Sarchesmeh Copper mine in Iran. 1). Mine workers in one of the Zambian Mines on the Copper belt Two miners have died at Mopani Copper mine in Kitwe after a blasting accident this morning. It has been quarrel after quarrel! Mopani… In diesem Zuge kommt es oft auch zu einer bräunlichen Verfärbung des Wassers. Die Diskussion über eine mögliche Schwermetallbelastung von Mopani Wurzeln ist eine Sache. It is not government, but it is Glencore who wants to go. Mopani Copper Mines PLC ("Mopani") is a Zambian registered company owned by Carlisa Investments Corporation (a joint venture company comprising Glencore International AG (73.1%) and First Quantum Minerals Ltd (16.9%)) and ZCCM-IH (10%). Address: Chambishi Mine, Copperbelt Along Kitwe … We mine for copper in Zambia through our majority shareholding in Mopani Copper Mines – situated in the north of the country near the city of Kitwe, in the African Copperbelt. Now, can you hold accountable where the owner is in Switzerland? Have you heard any government institutions say, ‘they are going to put this institution on care and maintenance and retrenchment’ like what we have witnessed in the last 20 years? Box 22000, Kitwe, Zambia iii BACKGROUND The Mufulira Smelter currently processes over … Mopani Copper Mines Plc has laid off a total of 131 employees, including 15 expatriates, who were made redundant as a result of the closure of the Central and North Shafts. Colophospermum mopane, a tree species found in South Africa, Zimbabwe, Mozambique, Botswana, Zambia, Namibia, Angola and Malawi; Gonimbrasia belina, an emperor moth caterpillar that lives in the mopani (mopane) tree; Mopani District Municipality, South Africa; Mopani Copper Mine, a copper mining company “People are not working, for instance, Mopani closed the central shaft and they also shut Mindolo North, but Copper is there, so what was the intention? Mopani devised a strategy to revitalise the control activities, face the malaria challenge head-on, and gradually stamp out the disease. “That privatisation (process) made Zambia lose out and development retarded in terms of the mines that were privatised. 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 underground mines, open pits, a concentrator and a cobalt plant at Nkana mine site in Kitwe. 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