Then after our mitigating factors and whatever, we arrived at 210; these 210 were the people who were supposed to go under redundancy. Mopani Copper Mines Plc is a proudly Zambian company which delivers superior value to our shareholders, our people and our country. (Zambia state-owned ZCCM Investments Holdings is trying to acquire. In April 2000, Mopani purchased assets of the … What type of news do you like reading the most? About 600 Mopani Copper Mines direct workers will lose their jobs by June 2019 as the company has failed to maintain Mindolo North shaft and Central shaft in Kitwe. Mr Bullock takes over from Mr Chris Vermeulen, who left Mopani Copper Mines Plc in July 2019. Lus/9812/649-MC8 off Alex Chola Road Nyumba Yanga P.O. How European development money has fed a mining scandal. Hargreaves announces sale of speciality coal inventory to German JV HRMS . MINES minister Richard Musukwa has protested a decision by Mopani Copper Mines to put the Kitwe and Mufulira mines on care and maintenance for three months subject to review, saying their reasons are not compelling. More jobless, ba pf you see, the more taxes, you ve introduced, even in bore hole’s, insoni ebuntu. The Mopani copper mine, Zambia. 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. Mulenga said the two shafts have reached their economic life, adding that the closure has always been part of the plan. Lungu Remains Commander-In-Chief – Cabinet Chief, Lawyer Reports Hichilema, GBM To International Court For Crimes Against Humanity, Hichilema Offers 10 Point Plan To Fix Zambia, ConCourt Adjourns Presidential Petition To Tuesday, Today’s Photo: PEACE; Pres. Once fully up and running, the mines should produce about 140,000 tons of copper a … The former Mopani employees were also settled their dues at the point of separation with the mining company, sources said. “Mopani effected redundancies in August, this year, and that was after we had followed the required procedure; we gave due notice, engaged all the stakeholders…So, the number to go at that time was about 360. Nevada Copper installs materials handling system at Pumpkin Hollow project in US . Mopani Copper Mines Plc 1.2 Address of Developer Mopani Copper Mines Plc Corporate Office Nkana West Corner of Central Street and 5th Avenue P. O. Over 600 Mopani Copper Mines employees will be laid off next month following the announcement by the mining company to cease operations at Mindola North Shaft and Central Shaft. - Glencore has been locked in a bitter dispute with the other owners of the mine its plan to mothball Mopani’s operations. However, lots of questions remain as it remains unclear how the cash-strapped government, which last week defaulted on a Eurobond interest payment, would finance any deal. 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. And Musukwa says if the mine goes ahead to lay off over 11,000 workers, it will be met by the full force of the law. 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%). We believe this approach will enable us to focus on achieving both safe and productive outcomes which are essential to position Mopani for a successful future,” he stated. “As of now, we are discussing a potential sale of their stake in Mopani,” said one of the sources. How European development money has fed a mining scandal. Mopani Copper Mines Plc has announced the appointment of its new chief executive officer, Nathan Bullock, who joins the company from BHP Olympic Dam Mine in Australia. 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. A copper mine in Zambia is set to shut down on Wednesday due to disruption brought on by the coronavirus pandemic, reports Reuters news agency. Amaka mwapela ba Mwisa! 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. December 16, 2019 14:48 December 18, 2019. “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. Lungu Flashes A Peace Signal, LATEST OFFICIAL ECZ RESULTS: UPND Maintains Lead By 3, 430; Hichilema 514, 816 Vs Edgar Lungu 511, 386, Hichilema Wins Another Day In Court; No Verdict As ConCourt Adjourns To Monday, LATEST ECZ OFFICIAL RESULTS: PF Leads By 70, 571; Edgar Lungu 1, 454, 165 Hichilema 1, 383,594, Cartel Takes Over LAZ; M’membe & Nchito Allegedly Calling Shots. 2 weeks. So, out of this, 88 were for Mindola North; 122 were for Central Shaft. So, if the media was to be factual, they should’ve reported that, Mopani is effecting the retrenchment of 122 at the month-end of October. Zambia News; Editor’s Choice; Letters to Editor ; About; Advertise; Mopani mine boss detained at Airport. 5 days. Mopani Copper Mines Plc is a Zambian registered copper mining company owned by Carlisa Investments Corporation (90%) and ZCCM-IH (10%). Annual Report Summaries Mopani Copper Mines Plc Extract from 2019 Annual Report . A manager addresses workers at Mopani Copper Mines, Don’t be quick to judge PF, we’ve all done something wrong – Tilyenji, XTL acquires 72% stake in Madison Finance Services. Carlisa Investments Corporation is jointly owned by Glencore Plc (81%) and First Quantum Minerals Ltd (19%). So is this ” more jobs, more money in the pockets of Zambians ” Definitely this is more poverty and more misery. 7 days. A Glencore spokesman declined to comment. During the financial year ending 31st December 2018, Mopani Copper Mines (MCM) recorded net revenue of ZMW9.43billion (US$842.04 million) (2017: ZMW3.95 billion US$352.60 million). The Mopani mines are on the outskirts of Kitwe, a city about 180 miles north of Zambia’s capital, Lusaka. Metso Outotec sells aluminium business to REEL International . Mopani Copper Mines Plc has confirmed that it has met with the unions and relevant government ministries to provide an update on safety and the necessary operational steps that need to be taken to ensure Mopani … Core Objective Mopani has established a competitive advantage in its core business to create wealth for its stakeholders. Beyond 122, we also have one early retirement case at the Central Shaft and we also have eight voluntary separation, they applied to leave. 6 7 for Trade Policy and Development (CTPD). So, everyone who has been made redundant has already been paid in full,” explained the sources. In June 2013, Mopani Copper Mines Plc (MCM) committed to the modernisation of the opper c refinery that included the conversion of the existing refinery to the ISAPROCESS™ t echnology, installation of e lectrode handling equipment, upgraded electrolyte circulation systems, and upgraded process control systems. So, if you get your letter (of separation) at 10.00, by 10.01, the money is in your account. “We’ve had these agreements with the unions and government over a period of time and it was already agreed. 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. Mopani Copper Mines Public Relations manager Nerbert Mulenga, who confirmed the development, said the incident happened yesterday around 13:45 hours. “These include the Synclinorium Concentrator, Mindola Deeps shaft and Henderson shaft in Mufulira. 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 [email protected] 1.5 Name of Owner of Mine Mopani Copper Mines Plc, Comprising The … Elim Mining secures first tranche of equity financing . The company is in the process of spending billions of dollars at Mopani to sink new shafts. “210 are the people Mopani laid off instead of the initial 615 that were initially affected by the Central and North Shaft closure. 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. We held interviews with Zambian government officials, local councillors, miners at MCM, and inhabitants of Mufulira. News Keeping you up to date with our ever changing industry. 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. Lungu Wins Tight Presidential Election; ECL 1, 860, 877 Hichilema 1, 760, 347, Muvi TV & Komboni Radio Licences Revoked For Alleged Misconduct, Pres. Plot No. The buyer would be ZCCM-IH, […] © 2021 Zambia Reports. Zambia, Africa’s second-largest copper miner, produced 646,111 tonnes of the metal in the first nine months of 2020, up from 590,321 tonnes in the same period last year, official figures show. 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, Stuart Lisulo is an experienced journalist with a focus on business news. “And if you link it to the redundancies, only 122 are going as a result of redundancies. The net … So, if you add eight, plus one, plus 122, the actual number is 131,” sources said. Zambia News; Editor’s Choice; Letters to Editor; About; Advertise ; Racism continues running Mopani Copper mine. It is not good enough to the works how they are going to savivor. The new Chief Executive Officer has since taken up his appointment and will be based at the head office in … Zambia’s mines … Mopani Copper Mines Plc has confirmed that it has met with the unions and relevant government ministries to provide an update on safety and the necessary operational steps that need to be taken to ensure Mopani has a viable future. Latest News. i ENVIRONMENTAL PROJECT BRIEF FOR THE SMELTER UPGRADE PROJECT Study Team The following Mopani Copper Mines (MCM) employees constituted the study team: John Ross: Metallurgical Manager – Smelter and Concentrator Alexie … 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. From the time Danny Carlow officially resigned from Glencore, an unexplainable … 16 April 2020 05:21 The PF government last evening detained Mopani Copper Mine CEO as he tried to leave the country . Would love your thoughts, please comment. Minority shareholders are spread throughout the world, in various locations. 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. 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. Chewe said the unions, being representatives of the workers, will not allow Mopani to reduce its labour force. Confirming the development, sources familiar with the situation on the ground revealed that the total number who parted company with the Glencore-owned mining unit was 131 by the end of last month, triggered by the closure of the Central and North Shafts, including 122 who were made redundant, together with 15 expats. Effective shareholding in Mopani by Glencore and FQM is, therefore, 73.1% and 16.9%, respectively. According to a statement, Bullock takes over from Chris Vermeulen, who left Mopani Copper Mines Plc in July, 2019. LUSAKA, July 29 (Reuters) - Commodity trader Glencore International Plc has appointed the head of its Congolese subsidiary as chief executive of Zambia’s Mopani Copper Mines, Mopani said … All Rights Reserved. So, we prepared the letters and everyone was supposed to go, including those for Central Shaft.”. 5 days. “Yesterday on Monday 6th April 2020 at 14hrs, we held a video conference involving Glencore Head of Copper Africa Mark Davies, Nathan Bullock CEO Mopani Copper Mine (MCM), with myself and our respective technocrats. The Mopani copper mine, Zambia. Over 600 Mopani Copper Mines employees will be laid off next month following the announcement by the mining company to cease operations at Mindola North Shaft and Central Shaft. 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 … Finnish firm Outokumpu Technology has been awarded a contract by Mopani Copper Mines for a new copper and cobalt roasting plant to be built in Kitwe, Zambia. According to reuters, global mining company Glencore’s Zambian unit Mopani Copper Mines (MCM) made the announcement in a statement. 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%). 15 expatriates have already been laid off; they’ve already been given their letters and packages.”. Email: stuart [at] diggers [dot] news. Glencore’s decision to halt production at Mopani adds to a list of copper mines that are either operating at reduced capacity or have been taken offline. Company Public Relations manager Nerbet Mulenga has said Mopani is planning to cease operations at Mindola North Shaft and Central Shaft and instead focus on their other essential capital projects. But if you link it the closure of the North Shaft, then, yes, you can talk about 131. 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Mining Licensing Committee secretary Michael Chibonga sent a notice dated 14 April to Mopani chief executive Nathan Bullock. And this is PF, So bad for the workers how are they going to sponsor their families… more than 600 workers ..very bad…, Please the so called the PF government kindly just looking for serious investors than the failed Mopani. And Speaking at a joint press briefing, MUZ president Joseph Chewe has said the unions will help protect jobs of their members. Mopani… Three miners have died at Mopani Copper Mines in Kitwe following an accident caused by fire underground at Mindola North Shaft. The mines have been troublesome for Glencore, but … Mwashitishe icalo! “The closure of these two uneconomic shafts allows us to apply the funds provided by Glencore towards the completion of the expansion projects, which represent the future of the company and mining by Mopani on the Copperbelt,” he added. 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