2 C
Alba Iulia
Tuesday, January 28, 2020

CEC restores power to KCM

Economy CEC restores power to KCM

Copperbelt Energy Corporation (CEC) has lifted the power restriction which was imposed on Konkola Copper Mines over payments.

The move comes following a fruitful discussion with the mining company.

KCM Manager Public Relations and Communications Shapi Shachinda says power has been restored to the Nchanga smelter and concentrators which have now returned to normal operations and ramping up production.

Mr. Shachinda says the company is fully focusing on achieving its production target of more than 400 tonnes per day in a safe manner despite the setbacks experienced in the past few days.

He told ZNBC News in a statement today that measures have been put in place to ensure the operation teams catch up with lost production.

Konkola Copper Mines -KCM- is one of the largest copper producers, with mining operations in Chingola, Chililabombwe, Kitwe and Nampundwe.

KCM is a subsidiary of Vedanta Resources plc in which ZCCM-IH holds a significant shareholding of 20.6 percent.

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  1. This is Zambia for you …they say “Fruitful discussion” after under table discussions with the minister and that is end of story…then in 12 months time it will back to square one.

  2. Have you seen KK on tv news this evening? Untidy beard, can’t afford to shave? Has his allowance been late? Relatives, come on, please ensure that this icon is cleaned up!!

    • Chinese bath and change clothes once a week and their economy is growing. UPND cadre is interested in things that will not grow the economy

  3. Has KCM paid? Please make them pay …enough is enough, they make a lot of money but they dont want to pay…why???

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