Minority shareholders are spread throughout the world, in various locations. “As of now, we are discussing a potential sale of their stake in Mopani,” said one of the sources. The net … Mopani Copper Mines Public Relations manager Nerbert Mulenga, who confirmed the development, said the incident happened yesterday around 13:45 hours. And Speaking at a joint press briefing, MUZ president Joseph Chewe has said the unions will help protect jobs of their members. Mopani… 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. 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. 2 weeks. December 16, 2019 14:48 December 18, 2019. In April 2000, Mopani purchased assets of the … The Mopani copper mine, Zambia. So, out of this, 88 were for Mindola North; 122 were for Central Shaft. Would love your thoughts, please comment. Zambia News; Editor’s Choice; Letters to Editor; About; Advertise ; Racism continues running Mopani Copper mine. Mining Licensing Committee secretary Michael Chibonga sent a notice dated 14 April to Mopani chief executive Nathan Bullock. All Rights Reserved. The buyer would be ZCCM-IH, […] The mines have been troublesome for Glencore, but … Email: stuart [at] diggers [dot] news. 6 7 for Trade Policy and Development (CTPD). The Mopani mines are on the outskirts of Kitwe, a city about 180 miles north of Zambia’s capital, Lusaka. - Glencore has been locked in a bitter dispute with the other owners of the mine its plan to mothball Mopani’s operations. “These include the Synclinorium Concentrator, Mindola Deeps shaft and Henderson shaft in Mufulira. 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. 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. 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. 16 April 2020 05:21 The PF government last evening detained Mopani Copper Mine CEO as he tried to leave the country . The Mopani copper mine, Zambia. 5 days. 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. Mulenga said the two shafts have reached their economic life, adding that the closure has always been part of the plan. 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. 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. Three miners have died at Mopani Copper Mines in Kitwe following an accident caused by fire underground at Mindola North Shaft. Once fully up and running, the mines should produce about 140,000 tons of copper a … So, everyone who has been made redundant has already been paid in full,” explained the sources. “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. According to a statement, Bullock takes over from Chris Vermeulen, who left Mopani Copper Mines Plc in July, 2019. 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. So, if you add eight, plus one, plus 122, the actual number is 131,” sources said. Lus/9812/649-MC8 off Alex Chola Road Nyumba Yanga P.O. What type of news do you like reading the most? Latest News. 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%). © 2021 Zambia Reports. So, we prepared the letters and everyone was supposed to go, including those for Central Shaft.”. 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. 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 … 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 ("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%). “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. Lungu Wins Tight Presidential Election; ECL 1, 860, 877 Hichilema 1, 760, 347, Muvi TV & Komboni Radio Licences Revoked For Alleged Misconduct, Pres. 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. The company is in the process of spending billions of dollars at Mopani to sink new shafts. How European development money has fed a mining scandal. 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 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. Hargreaves announces sale of speciality coal inventory to German JV HRMS . More jobless, ba pf you see, the more taxes, you ve introduced, even in bore hole’s, insoni ebuntu. Beyond 122, we also have one early retirement case at the Central Shaft and we also have eight voluntary separation, they applied to leave. “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. “210 are the people Mopani laid off instead of the initial 615 that were initially affected by the Central and North Shaft closure. 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. The former Mopani employees were also settled their dues at the point of separation with the mining company, sources said. 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. Plot No. Zambia’s mines … Annual Report Summaries Mopani Copper Mines Plc Extract from 2019 Annual Report . So, if you get your letter (of separation) at 10.00, by 10.01, the money is in your account. 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. A Glencore spokesman declined to comment. Then after our mitigating factors and whatever, we arrived at 210; these 210 were the people who were supposed to go under redundancy. 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. 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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. Carlisa Investments Corporation is jointly owned by Glencore Plc (81%) and First Quantum Minerals Ltd (19%). Chewe said the unions, being representatives of the workers, will not allow Mopani to reduce its labour force. 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. 23 December 2019 08:14 Information has emerged that Mopani Copper Mines has been taken over by an indiscriminate tandem of racist foreign nationals forcing some senior managers to leave. 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