By JOHN SAKALA The Court of Appeal sitting at Ndola on November 20, 2020 delivered a Judgment ordering that Liquidation proceedings at Konkola Copper Mines Plc to be stayed to allow ZCCM Investment Holdings and Vedanta Resources to proceed to arbitration. Provisional Liquidator Milingo said that the Court of Appeal has not discharged the Provisional […]
By ALICE NACHILEMBE Mines and Minerals Development Minister Ricard Musukwa says that the impending caving in of the ground at Nchanga open pit cut 2 is a matter of Government concerned. Mr Musukwa said government has been following keenly the events around the impending caving in of the slough at Konkola Copper Mine. Speaking at […]
By JOHN SAKALAKonkola Copper Mines (KCM) General Manager for Corporate Affairs Shapi Shachinda says the moving ground at Nchanga Open Pit is accelerating to collapse. Mr Shachinda said the slough (caving in of ground) has negligibly continued to head to its fall though at a slow stage. Speaking to The Independent Observer yesterday, Mr Shachinda […]
By JOHN SAKALA The Provisional Liquidator (PL) of Konkola Copper Mines Plc (KCM), Milingo Lungu, informs KCM stakeholders that Lusaka High Court Judge Bobo Banda has vacated the initial exparte order she granted limiting some of the powers of the Provisional Liquidator. On June 26, 2019, the High Court had issued an order to restrain […]
By JOHN SAKALA Chingola Mayor Titus Tembo has told new Konkola Copper Mines (KCM) Chief Executive Officer Christopher Shepherd that KCM is an economic big brother of Chingola and when it catches cold all businesses get paralysed. And Mr Shepherd has asked for monthly meeting with Chingola Mayor for updates so that the local authority […]
The Independent Observer
Alice Nachilembe
