Jump to navigation

Vol 48 No 5

Published 2nd March 2007


Zambia

Zambia's big new investments

India's Vedanta Resources has pumped nearly US$1 billion into Konkola Copper Mines. KCM incorporates four mining companies: Nchanga Mine in Chingola, Konkola Mine in Chilabombwe, Nampundwe Mine in Lusaka and the Nkana Smelter and Refinery in Kitwe. With its annual turnover of $750 million, more than 10,000 workers and nearly 4,000 contractors, KCM is Zambia's giant. Its Finnish-designed, $300 mn. smelter is due to start up in 2008. Its $400 mn. Konkola Deep Mining Project (KDMP) involves a new concentrator and deepening the existing mine.

End of preview - This article contains approximately 355 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you have a print subscription already, click here for a password that gives you full access to the website.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.