Konkola Copper Mines PLC has disclosed that it has produced 41 958 tonnes of finished copper in the third quarter of the 2009-2010 FY.
The figure includes 13 641 tonnes from purchased concentrates and is significantly higher than the 25 472 tones in the third quarter of 2008.
This is contained in a press statement made available to ZANIS by KCM management in Lusaka yesterday.
KCM states that the increase has been due to the successful ramp up of the new 300, 000 capacity Nchanga smelter which has now been certified under ISO 900 for quality.
They stated that KCM is now focusing on acquiring the ISO 14001 certification for the environment in March this year and OHSAS 18001 for safety in August.
It says the increase in profitability was primarily on account of higher copper prices that average 6 643 dollars per tone in Q3 allied to lower operating costs.
KCM also reports that the Konkola Deep Mining Project (KDMP) is progressing well with cold commissioning of the rock winder for Mid- Shaft Loading (MSL) and all milestones have been achieved on time.
It is expected that commissioning of the MSL station will take place at the end of the FY 2009 and full project completion by end of 2012.
ZANIS
45 years and counting…. and we are still depending on copper[-( Good gracious lord have mercy on us[-o<
These Indians will only show you what they want you to see. This is not the real situation on the ground. There producing more copper than there declaring
finished or finnished .
finished or finnished?
Well how nice! I think I better contact my stockbroker and buy more shares in Vendata on the Mumbai Stock Exchange. Hey Zambians do you have the opportunity to buy Vedanta shares in your country?