Friday, April 19, 2024

Nchanga Smelter has been idle-KCM

Share

KCM CEO Steven Din stresses a point as he briefs Copperbelt Minister Bowman Lusambo during the tour of the smelter plant
file picure:KCM CEO Steven Din stresses a point as he briefs Copperbelt Minister Bowman Lusambo during the tour of the smelter plant

Konkola Copper Mines says Nchanga Smelter has been idle pending availability of concentrates stocks.

Clarifying accusations that Vedanta Resources started stripping KCM off its assets starting with the Nchanga Smelter, KCM Spokesperson Eugine Chungu said the Smelter has planned to resume operations on 22nd June 2019.

Mr Chungu said during this period a theft of electronic equipment was detected, which has not impacted on the status of the Smelter operations at all.

“KCM is committed to enhancing security levels at all its facilities during this transition phase. The theft experienced at the smelter is being investigated and efforts are in place to ensure that all those involved are firmly dealt with to the full extent of the law,” Mr Chungu said.

Yesterday, Mines Minister Richard Musukwa said the government had unearthed a scam in which Vedanta Resources is stripping the mine of its assets at KCM.

Mr. Musukwa claimed that Vedanta had deliberately damaged the operating system crippling the KCM concentrator.

He charged that Vedanta was working with some named Zambian and foreign contractors at KCM in Chingola to ensure the mine is flooded while the smelter becomes unproductive.

He has warned that the damage caused to the operating system amounts to economic sabotage and all those found wanting will be dealt with.

19 COMMENTS

  1. Jay Jay you are right both PF government and KCM are liars. No wonder KCM was claiming to fund the election (illegally) and possibly they want that election contribution to be considered part payment towards TAX. Meanwhile maybe PF are (were) considered it as a GIFT.
    The comments from Vendettas are derogatory to the Zambian people, but equally they have found their counterpart the FIC activists who are not faith public funds.
    I pretended about our economy failing 5 years ago, IMF rejecting a loan request, also the Gabon air crash and the rise and fall of FTJ. People couldn’t believe me because am not pastor or high profile prophet. Our economy is worsening and political and police brutality will be intensified. The austerity measures are falling under campaign and only on paper.

  2. I predicted about our economy failing 5 years ago, IMF rejecting a loan request, also the Gabon air crash and the rise and fall of FTJ. People couldn’t believe me because am not pastor or high profile prophet. Our economy is worsening and political and police brutality will be intensified. The austerity measures are falling under campaign and only on paper.

  3. So where did Minister Musukwa obtain such alarming fake stories? Or the fake story deliberately designed for a specific purpose? Cant trust Vedanta, worse still Zambian politicians both ruling and opposition. Our politicians will peddle ignorance as fact. Remember last load shedding when Kariba dam was low? Trib.al Hacks claimed it was due to faulty Chinese generators and not insufficient water levels.
    Trib.al only stopped his ignorant faks story when Davies Chama challenged him to fill up the dam with urine from UPND.

  4. But why hasn’t liquidator appointed interim Managers to run the mine? Why are you still allowing those Indians access to the mines?

    • That is called receivership….your dull Chawama lawyer in State House after drinking whiskey on the Jet said he know what he was doing appointing Amos and Kz

    • I am a realist…do you know what that is eh? eh? I am person who accepts a situation as it is and is prepared to deal with it accordingly….I am not going to come here and paint you colouful pictures of false hope and wishful thinking like your favourite blogger BR MUMBA JUNIOR. If I know you are a docile gullible fooool …I would lie to you and pat you on the back and tell you that you are as smart as Nikola Tesla, I will tell you to your face that you are GULLIBLE DOCILE FOOOOL. Do not ask me daft questions….TOXIC is not following down laid down rules..now sit down and shut up!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • Its a shame that the whole internet s talking about this girl who has stolen from $400,000 from a bank that will surely be replaced by the insurance company yet people were not taking about the $7 million that left the country in 2018.

  5. Consider the possibility of agent provocateurs to create a situation unfavourable to Vedanta. Hitler’s invasion of Poland was as a result of agents provocation.

  6. Yaba, ba Gay Jay trib.al nabo!! So ati naba landa? Okay tell us something nice about Trib.al Hacks….. kikikikiki

  7. Vendata is no longer in control. Therefore, there is no need for Mr. Musukwa
    to be telling us hearsay stores or created stories. The state has provided security and the electronic equipment has disappeared under control of the Zambian Government. What a mess.

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading