The Bank of Zambia has purchased 47 kilograms of Gold from the Zambia Gold Company Limited, under ZCCM Investments Holdings. The company operates an employment policy of “meritocracy – aiming to employ the right people with the right skill, irrespective of race, gender or creed. These are due to the current government policies. Glencore, the owners of Mopani Copper Mine are on the verge of exit the Zambian market while KCM is under liquidation with no investment being pumped into the mine for almost the whole year as the government seeks for a new investor to take up the mine when the legal stand-off between Vedanta and ZCCM-IH is concluded. Mopani Copper Mine Saga: Mine Contractors Association call on Govt to come up with a rescue plan 2 min read The Association of mine suppliers and contractors have called on the government to come up with a rescue plan for the Mopani Copper Mine (MCM) instead of letting the management place the copper mine on care and maintenance. Mopani Copper Mines has revealed that over 2,500 former contract workers have so far been verified and paid their ex gratia payments. View Kyansenga Chitoshi’s profile on LinkedIn, the world's largest professional community. Deposit Type. “As of now, we are discussing a potential sale of their stake in Mopani,” said one of the sources. The NDC President believes a time has come when Zambians had a share in the majority stake of the Mining industry. Earlier, Mopani Copper Mines acting Chief Executive Officer John Chiwele assured the Minister that his firm will continue working with contractors … so to break even you even do a 300 percent mark up. Mopani Copper Mines has announced it is to re-start mining operations and issue a notice of its intention to place the mining operations on care and maintenance after 90 days. Mopani… “Mopani can confirm a mine accident that took place at Mindola SV Shaft in the afternoon on 21st April 2014, involving two employees. THE Association of Mine Contractors and Suppliers have described their business performance this year, as bad. Your email address will not be published. “Mopani Copper Mines Plc is working closely with the Mines Safety Department (MSD), Zambia Police Service and other relevant authorities during this operation,” Mulenga said. Very shameful. It’s the environment that isn’t conducive, Its cost of doing business which leads to that Sir. It is owned by Zambia Consolidated Copper Mines Investments Holdings (ZCCM-IH) (10%), Glencore (73.1%) and First Quantum Minerals (16.9%). Its not only mine suppliers, even our women selling potatoes, remove 1 to 1.5 kg from each bag they sell and sell them under weights telling customers that they are 10kg. He said the mines should look at the high copper prices as a motivation to increase their production and also reduce the cost of production so that they remain sustainable so that they give more business opportunities to local suppliers and contractors. Mr Hichilema says he is watching the developments at Mopani Copper Mine on the Copperbelt where two mines in Kitwe and Mufulira have been placed on care and maintainance with keen interest. They even mix a few rotten potatoes in between so that they get rid off the few rotten bags which they have. Mopani Copper Mines Plc Address: Mufulira, Zambia City of Zambia Phone number: 021 244 9555 Categories: Mining Companies Corporations, 8 Reviews (4 / 5) Mining Companies Corporations. The Mining giant should instead deliberately build capacity in local Zambian contractors by giving them high profile contracts,” said Musukwa. Mopani copper mine and its parent company Glencore must obey the Zambian law and do the right things,” said Musukwa. - Responsible for measuring Contractors performance through preparations of the Balanced Score Card. By. Mineworkers Union of Zambai President Joseph Chewe said the unions have been informed of closure by MCM Management citing high operation all costs. By Michael Kaluba in Kitwe Revelations that Mopani copper mines has been paying Zambian contractors almost half of what the mining company pays foreign contractors for the same scope work has irked Finance Minister Dr. Bwalya Ng’andu. TRACTORS COMPARED TO FOREIGN CONTRACTORS ANGERS FINANCE MINISTER By Michael Kaluba in Kitwe Revelations that Mopani copper mines has been paying Zambian contractors almost half of what the mining company pays foreign contractors for the same scope work has irked finance minister Dr. … Mines Minister Richard Musukwa has directed Mopani Copper Mines management to immediately halt the Contract Optimization Programme. Mopani Copper Mines Jan 2017 – Feb 2018 1 year 2 months - Underground and Surface Mining Audits to ensure contractors and MCM adheres to approved standards and Conditions in work places. Mopani Copper Mines(Glencore) -Kitwe - Underground and Surface Mining Audits to ensure contractors and MCM adheres to approved standards and Conditions in work places. 4 mine contractors on the Copperbelt are on the verge of suing Mopani Copper Mines for breach of contract and claim damages as the mining giant continues on its path to place operations on care and maintenance. If you need improvement in the mining sector then you need to change government. 4 Mine Contractors To Sue Mopani Copper Mines, Peter Sinkamba Urges Govt To Consider Cannabis For Possible Cure Of Covid 19, Govt Says Calls To Suspend Implementation Employment Code Act Will Not Be Tolerated, COVID-19: DELAYS CASSAVA PLANT COMMISSIONING. “One key element is to ensure that Mopani reduces its operating costs. The buyer would be ZCCM-IH, […] Glencore Plc to hand local contractors control of two copper shafts that the company’s local unit has earmarked for closure. Mopani is committed to establishing a winning team and a copper and cobalt business it can be proud of. Glencore’s Mopani Copper Mines The year 2020 has been a challenging year for almost all business sectors mainly due to the Covid-19 pandemic and the instability in the performance of the Kwacha which has continued tumbling against the United States Dollar. Zambia intends to revoke the mining licenses of Mopani Copper Mines (MCM), a subsidiary of Glencore, as the firm did not give sufficient notice before suspending its mining operations due to the coronavirus Covid-19 crisis. Mopani Copper Mines on 1st may 2020 gave government an official 90 days’ notice to place the mine operations both in Kitwe and Mufulira on care and maintenance while the 270 contractors remain demobilized with some already having terminated contracts for some of … Zambian contractors need to revise their financial models. During that time, I concluded that Local contractors went for profit and exorbitant mark ups when compared to contractors from Namibia, Zimbabwe and South Africa. “ Suppliers are now hoping that government will intervene in 2021 by putting measures that will create a win-win situation between the mines and the local suppliers as the copper prices sour on the international market, “ he added. 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. And the unions have further demanded that Mopani must quickly recall all workers and contractors that were sent home when the mine was placed on care-and-maintenance a week ago. (operator) 100 %: Direct: 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%). “Mopani Copper Mines Plc can confirm that the process for making the ex gratia payment to eligible contractor employees is well underway, and to this point approximately 800 individuals have received their first payment.” He said due to the coronavirus pandemic, Mopani had reviewed payment methods with the respective banks, hence the delays. Whether you like it or not, it tells you that there is a management issue here. Mopani Copper Mines on 1st may 2020 gave government an official 90 days’ notice to place the mine operations both in Kitwe and Mufulira on care and maintenance while the 270 contractors remain demobilized with some already having terminated contracts … Glencore Finance is the major shareholder of Carlisa Investments Corporation, which in-turn, is the majority shareholder of Mopani. A paradigm shift is needed by our Zambian contractors. then the company will pay you after 120 days. I don’t see any difference between Augustine Mubanga and Fanwell Banda who was the leader of the inaugural mine contractor’s association. In April, Mopani announced the resumption of operations at two of its projects following an investigation into the deaths of five workers earlier this year. Mopani Copper Mines has revealed that over 2,500 former contract workers have so far been verified and paid their ex gratia payments. Mopani Copper Mines has revealed that over 2,500 former contract workers have so far been verified and paid their ex gratia payments. Your email address will not be published. Mopani Copper Mines employees interested in applying should apply on an appropriate “Application for transfer to an advertised position” form obtainable from Departmental SERAs. Company Public Relations Manager Nebert Mulenga has confirmed that constructive discussions have taken place with the Zambian Government after its Mines in Kitwe and Mufulira […] The operating, regulatory and macro-economic environments remain very challenging and have continued to place significant pressure on the business. He noted that the government is losing all these revenue generation avenues when supply contracts are given to foreign companies. The first defendant was contracted by the second defendant Mopani Copper Mines Plc to carry out underground support and rehabilitation works on, inter alia, 3030 feet level and 3360 feet level at the central shaft of Nkana Mine site of Mopani Copper Mines Plc. Save my name, email, and website in this browser for the next time I comment. Once fully up and running, the mines should produce about 140,000 tons of copper a … Mopani proceeds to place mines on care and maintenance By Darious Kapembwa on April 7, 2020 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. Stratabound (SMS) Summary: The predominant mega-structure of the mining area is the northwest-plunging Nkana syncline. Association of Mine Suppliers and Contractors President, Augustine Mubanga who declined to name the 4 contractors, confirmed to phoenix news that the association is privy to information that the companies in question intend to sue Mopani Copper Mines in their individual capacity although no official communication has been made to the association. Omars Lunga - ... indication was made that an ex-gratia payment of one month’s salary would be made to unionized staff employed by contractors in addition to some severance package. Join to Connect Mopani copper mine . I wont talk about the corruption coz we all pretend it doesnt affect the buisness. The company is in the process of spending billions of dollars at Mopani to sink new shafts. He said the sinkhole is a two-hectare caving area within Mopani Copper Mines Plc’s mining rights area and was a safety hazard to the informal miners invading it. Despite assuring the Zambian government that all jobs will be secured, Mopani Copper Mines has terminated contracts of some contractors in Kitwe and Mufulira mines, this is according to the National Union for Miners and Allied Workers (NUMAW). 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. Mopani Copper Mines Plc is a Zambian registered Copper mining company owned by Carlisa Investments Corporation (90%) and ZCCM-IH (10%). He cited Mr. Emmanuel Mutati as the best CEO to have run MCM. He said the sinkhole is a two-hectare caving area within Mopani Copper Mines Plc’s mining rights area and was a safety hazard to the informal miners invading it. “Mopani Copper Mines Plc held a number of meetings with Government Ministries on 6 April 2020 in which it provided an update of its comprehensive operational review. 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. As interim President of the new association Augustine has held on to the position in the same way Fanwell did yet he was in the forefront to condemn the latter. MINES and Minerals Development Minister Richard Musukwa says government is committed to ensuring that the life of Mopani Copper Mine on the Copperbelt is sustained and operations continue beyond three months. Mines Minister Richard Musukwa has directed Mopani Copper Mines management to immediately halt the Contract Optimization Programme. Imagine getting money at 30 percent monthly. He is hopeful that discussions will center around continuing operations beyond 90 days as applied for by Mopani Copper Mines Plc to place the mine on care and maintenance. The Association of mine suppliers and contractors have called on the government to come up with a rescue plan for the Mopani Copper Mine (MCM) instead of letting the management place the copper mine on care and maintenance. THE Association of Mine Contractors and Suppliers have described their business performance this year, as bad. Speaking in an interview in Kitwe yesterday, Association President Augustine Mubanga said its members failed to realise significant business opportunities due to the poor performance of the mines, especially on the Copperbelt. In a twist of events, all International Contractors at Mopani Copper Mines have been given one month notice to demobilize and leave the mine plants. Mopani Copper Mine Saga: Mine Contractors Association call on Govt to come up with a rescue plan 2 min read The Association of mine suppliers and contractors have called on the government to come up with a rescue plan for the Mopani Copper Mine (MCM) instead of letting the management place the copper mine on care and maintenance. Despite assurance to the Zambian government that all jobs will be secured, Glencore’s Mopani Copper Mines has gone ahead and terminated contracts of some contractors in Kitwe and Mufulira mines, this is according to the National Union for Miners and Allied Workers (NUMAW). Effective shareholding in Mopani by Glencore and FQM is, therefore, 73.1% and 16.9%, respectively. 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%). It is owned by Zambia Consolidated Copper Mines Investments Holdings (ZCCM-IH) (10%), Glencore (73.1%) and First Quantum Minerals (16.9%). Carlisa Investments Corporation is jointly owned by Glencore Plc (81%) and First Quantum Minerals Ltd (19%). See full address and map. “The letter claims that the company had taken the action pursuant to section 37(1)(d) of the Mines and Minerals Development Act which provides for … which motorist will have time to start weighing these bags before they buy and so they are cheated. “The challenges surrounding Konkola Copper Mines and Mopani Copper Mine greatly impacted negatively on the suppliers and contractors as operational activities were reduced as well as business opportunities,” Mr. Mubanga said. The former KCM executive Ms. Sneha Deepthi now Mopani Chief Commercial Officer under … This is despite protests by Zambian suppliers. A check on other international contractors revealed the same fate. GREEN Party president Peter Sinkamba says Mopani Copper Mines (MCM) has crossed the red line by cancelling 300 contracts for Zambian suppliers and contractors in addition to its planned retrenchment of 4,700 miners. Meanwhile, Mr. Musukwa said government wants Mopani to structure a surviving model and engage local contractors as opposed to foreigners with a top cost profile. Mopani Copper Mines plc. He is hopeful that discussions will center around continuing operations beyond 90 days as applied for by Mopani Copper Mines Plc to place the mine on care and maintenance. “We are hoping to see a situation where preference should be given to local suppliers and with the coming in of the Statutory Instrument on local content, we want to see a situation where the mines are in the forefront to drive support into manufacturing, industrialization and also giving long term assurance in terms of contracts to those that have already started manufacturing products that mines are consuming,” he said. Mining Licensing Committee secretary Michael Chibonga sent a notice dated 14 April to Mopani chief executive Nathan Bullock. Mopani Copper Mines Plc is a Zambian registered copper mining company owned by Carlisa Investments Corporation (90%) and ZCCM-IH (10%). Mopani… Kyansenga has 4 jobs listed on their profile. Mopani Copper Mines public relations manager Cephas Sinyangwe also confirmed the accident in a press statement yesterday. Following resumption of operations in May 2020, Mopani Copper Mines Plc had stated that it would make ex gratia payments to eligible former employees of mining contractors. Following the resumption of operations in May 2020, Mopani Copper Mines Plc had stated that it would make ex gratia payments to eligible former employees of mining contractors. At his helm of MCM, Mopani paid it’s employees and contractors on time as well as life of mine expansion projects being undertaken. Following the resumption of operations in May 2020, Mopani Copper Mines Plc had stated that it would make ex gratia payments to … Mopani Copper Mines has informed all its contractors and suppliers that the mine will only offer a one month contract to each, pending the outcome of the appeal processes against government’s latest rejection of the firm’s proposal to place its mining operations on care and maintenance. - Responsible for measuring Contractors performance through preparations of the Balanced Score Card. on 4 Mine Contractors To Sue Mopani Copper Mines. Why do people want to look good when they’re fighting others? Explaining the impact of the COVID-19 pandemic which he said has also restricted the movement of cargo from import markets , the Association President stated that the global pandemic made it difficult for Zambian suppliers to buy goods for supplying as most goods supplied to the mines are imported. Mopani Copper Mine Saga: Mine Contractors Association call on Govt to come up with a rescue plan The Association of mine suppliers and contractors have called on the government to come up with a rescue plan for the Mopani Copper Mine (MCM) instead of letting the management place the copper mine on care and maintenance. GOVERNMENT should provide the required relief to Mopani Copper Mines (MCM) and other mining companies to save jobs during the COVID-19 period, the unions have demanded. MINES MINISTER ALLOWS MOPANI TO MOVE CONTRACT BUYING OFFICE FROM KITWE TO JOHANNESBURG Glencore (Mopani Copper mine ) has moved the Forward Purchase Agreement (FPA) Contract Buying office from Kitwe Zambia to Johannesburg. The Bank of Zambia (BoZ) has commenced the accumulation of gold as part of its reserves assets. The 4 major contractors are part of the 270 mine contractors that were under Mopani Copper Mines and have all not been recalled as of today despite the firm recalling its permanent employees back to work effective yesterday. Central Bank Governor Christopher Mvunga... Government has embarked on a robust countrywide exercise aimed at revamping resettlement schemes under the Resettlement Infrastructure Investment and Enterprise Support (ARIISE) programme in... Lusaka based Economist Trevor Hambayi says delays by government to reconstruct the gutted City market in Lusaka is an affront to the growth of... Association of Mine Contractors and Suppliers described 2020 as the worst... Government committed towards reducing gender inequalities in Zambia to minimum levels, COVID-19 cases surges in Western Province, We are Safe Despite Going Down 3-1 to PF in Our Strongholds, UPND Political Strategist Assures Members, All of a sudden the PF have so much money to throw around to the Zambian voters, 57 year old late former Cabinet Minister put to rest, Lusambo cuts short his annual leave to lead fight against Covid-19 second wave, BoZ’s Purchase of Gold will help Zambia Further Build Gold Reserves, The ARIISE Project will stimulate Economic Recovery-Wina, Delays to reconstruct City Market three years on disappoints Economist Hambayi. Mopani… Mine workers in the Copper belt About 600 direct employees of Mopani Copper Mines at Mindola North and Central shafts will be laid off following … The developments have prompted the Ministry of Mines and Mineral Development to take action. A Glencore spokesman declined to comment. Effective shareholding in Mopani by Glencore and FQM is therefore 73.1% and GREEN Party president Peter Sinkamba says Mopani Copper Mines (MCM) has crossed the red line by cancelling 300 contracts for Zambian suppliers and contractors in addition to its planned retrenchment of 4,700 miners. Minority shareholders are spread throughout the world, in various locations. According to his statement issued to Mwebantu, Sinkamba says it is high time President Edgar Lungu invoked Emergency Powers Act to end […] Mopani Copper Mines has revealed that over 2,500 former contract workers have so far been verified and paid their ex gratia payments. “Mopani Copper Mines Plc is working closely with the Mines Safety Department (MSD), Zambia Police Service and other relevant authorities during this operation,” Mulenga said. Konkola Copper Mines Plc Nchanga Mine. Mopani Copper Mine Saga: Mine Contractors Association call on Govt to come up with a rescue plan The Association of mine suppliers and contractors have called on the government to come up with a rescue plan for the Mopani Copper Mine (MCM) instead of letting the management place the copper mine on care and maintenance. 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%). the sooner companies sign memorandum with banks for invoice discounting and revise to 30 days payment. Mr. Musukwa says the programme which seeks to restrict the mine’s supplies business to foreign contractors will negatively impact on job security on the Copperbelt where local contractors employ over Seven thousand workers. Mopani Copper Mines Plc has implemented a number of programmes aimed at empowering and building capacity of local contractors and other small and medium enterprises in Zambia. … Am contractor at Mopani copper mine Mufulira, Copperbelt, Zambia. We would like to speak survival modes and it is to use local contractors who are at low cost. 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%). Earlier, Mopani Copper Mines acting Chief Executive Officer John Chiwele assured the Minister that his firm will continue working with contractors and suppliers. Mopani Copper Mines on 1st may 2020 gave government an official 90 days’ notice to place the mine operations both in Kitwe and Mufulira on care and maintenance while the 270 contractors remain demobilized with some already having terminated contracts for some of the 9,500 workers under their care. Effective shareholding in Mopani by Glencore and FQM is, therefore, 73.1% and 16.9%, respectively. Following resumption of operations in May 2020, Mopani Copper Mines Plc had stated that it would make ex gratia payments to eligible former employees of mining contractors. And 1500 contractors to be affected by the closure of the two shafts. Some supermarkets owned by foreigners sell a full 10kg bag at the same price as these women. Required fields are marked *. He also stated that there is need to ensure that the mining sector begins to significantly plough back into the communities they operate from through Corporate social responsibility so that the local people also benefit from the current high copper prices as much as the mines are making profits. Sunil, Zambian contractors borrow at 40% interest for 56 days, factor that and the volatile Kwacha. Redpath, Zinpro, Group R, Group 5, Murray and Roberts are some of the South African owned companies that were undertaking capital projects. But government takes great exception to such moves.” Musukwa maintains, Mopani Copper Mines should look at survival modes. 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. According to ZCCM-IH first cautionary announcement issued on September 4, 2020, the holding company has commenced discussions with Glencore Finance (Bermuda) Limited regarding the future of Mopani Copper Mines Plc. By Nchimunya Miyoba About 600 direct employees of Mopani Copper Mines (MCM) at Mindola North and central shafts will be laid off by the closure of the two shafts. Mopani Copper Mines Plc has implemented a number of programmes aimed at empowering and building capacity of local contractors and other small and medium enterprises in Zambia. I worked in Luanshya for 15 years. Accessing money in Zambia is expensive. Then we complain that foreigners are taking away our businesses. In April, Mopani announced the resumption of operations at two of its projects following an investigation into the deaths of five workers earlier this year. 16.9 %, respectively have been informed of closure by MCM management citing high operation all costs cited mr. 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