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mining license kcm

Vedanta contests KCM liquidation – The Mast Online

23/05/2019"The company has failed to carry out mining operations in accordance with approved mining operation plan, the gross proceeds of sales of minerals from mining areas are less than half of the demand turnover applicable to the mining license for more than three successive years and liable to the revocation of the licence under the Miners and Minerals Development Act," said ZCCM-IH.

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Konkola Copper Mines

Konkola Copper Mines is a copper mining and smelting company in Zambia.It is a subsidiary of Vedanta Resources, a mining conglomerate based in Mumbai and London.Konkola's name is abbreviated to KCM.. Operations. KCM currently produces 2 million tons of copper ore per year. The company's Konkola Deep Mining Project will expand its capacity to 6 million tons of ore per year.

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POLICY POSITION PAPER ON THE PROPOSED AMENDMENTS OF

prospecting and/or mining licenses. Although the law states that any prospecting or mining license should take at least three months, the Government has not enforced this statute. This paper recommends enforcement of relevant statutes. KCM recommends; Amendment of the Mining and Minerals Bill 2009 to consider the below discussed

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Mining Fight: Mining Fight Involving KCM Rages On In

13/08/2019KCM claims that by this purchase, it acquired all mining rights over Nchanga Copper Mine from ZCCM as part of the privatisation of the mines, together with a large-scale mining licence 7075-HQ-LML, covering approximately 11,470 hectares with a validity of

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President Sata threatens to revoke KCM licensewill not

President Sata threatens to revoke KCM licensewill not allow them to fire even 1 one worker November 4, 2013 Business, News President Michael Sata has threatened to revoke Konkola Copper Mines (KCM) mining license if the mining giant proceeds with it's plans to lay off 1,500 workers.

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Zambia: Government to strip Vedanta subsidiary Konkola

20/05/2019Zambia seeks 'divorce' from Vedanta over alleged mining breaches, 20 May 2019. Zambia plans to strip Vedanta-controlled Konkola Copper Mines (KCM) of its mining license and bring a new investor into the operationZambian President Edgar Lungu

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Zambia to press on with winding up copper company

15/08/2019The Zambian government started liquidation proceedings for Konkola Copper Mines (KCM) in May after it accused Vedanta of breaching terms of its mining license. Vedanta denies the allegations. The Zambian government has a 20% stake in KCM. The government and Vedanta are currently locked in a legal dispute over the future of KCM..

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KCM BREACHED DEAL

KCM failed to provide oversight to the contractor that was engaged to conduct mining operations in the two pits. As a result, 4.4 million tonnes of one has been locked out leading to poor production. • Konkola Deep Mining Project has tagged behind in terms of capital and secondary developments despite this being key to sustainability of

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Konkola Copper Mines Plc

16/09/2015One of the largest mining operations in the country is the Konkola Copper Mines plc (KCM). Indeed KCM is the largest integrated copper producer in Zambia. It is a subsidiary of Vedanta Resources, a company with its roots in India, though now headquartered in London where it is listed on the LSE.

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Vedanta's licence scrapping was quickened

The Zambia Consolidated Copper Mines-Investment Holding (ZCCM-IH) minority shareholders aired out that the step to cancel Vedanta Resources mining license was conducted in a hurry as the latter currently has no capacity to run the mines. In accordance to a statement availed to the media, Thierry Charles who spoke on behalf of the Euronext Minority

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President Sata threatens to revoke KCM licensewill not

President Sata threatens to revoke KCM licensewill not allow them to fire even 1 one worker November 4, 2013 Business, News President Michael Sata has threatened to revoke Konkola Copper Mines (KCM) mining license if the mining giant proceeds with it's plans to lay off 1,500 workers.

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KCM BREACHED DEAL

23/05/2019• Due to failure to carry on mining operations in accordance with the approved plan of mining operations, the gross proceeds of sale of minerals from the KCM mining areas have been less than half of the deemed turnover applicable to the mining licences for more than three successive years.

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Vedanta wins urgent interdict against provisional

23/07/2019A DISPUTE between Vedanta Resources and Zambia's ZCCM-IH regarding their respective investments in Konkola Copper Mines (KCM) ought to be settled in terms of KCM's shareholders' agreement, according to a Johannesburg High Court judgement today. Judge L Adams found that the South African court was the correct jurisdiction in which to hear the dispute which []

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Vedanta fails to stop KCM liquidation in meeting with

15/08/2019Vedanta has been locked in a dispute with the Zambian government since May when Lusaka appointed a liquidator to run KCM, which is 20% owned by Zambia's state mining company ZCCM and the rest by Vedanta. Zambia accused KCM of breaching

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Zambia to press on with winding up copper company

15/08/2019The Zambian government started liquidation proceedings for Konkola Copper Mines (KCM) in May after it accused Vedanta of breaching terms of its mining license. Vedanta denies the allegations. The Zambian government has a 20% stake in KCM. The government and Vedanta are currently locked in a legal dispute over the future of KCM..

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MINING INDABA 2018: Efficiency, not complacency, key to

MINING INDABA 2018: Efficiency, not complacency, key to mine cycle management, says KCM CEO February 20, 2018 Miningreview Konkola copper mine, Mining Indaba, Resource Nationalism The heads of mining companies should not be complacent about higher prices and need to continue to run their operations as efficiently as possible, the chief executive officer of Konkola Copper Mines (KCM) told

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KCM GETS GREEN LIGHT AGAINST MOXICO, OTHERS

KCM alleged that in the ZCCM-IH sale agreement of December 15, 1999, it acquired all mining rights over Nchanga Copper Mine from ZCCM as part of the privatisation of the mines, together with a large scale mining license 7075-HQ-LML, covering approximately 11,470 hectares with a validity of 25 years from its first issue on March 30, 2000.

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KCM S.A.

KCM S.A. Business Description The Non-ferrous Metals Smelter (KCM SA) is situated on the 900 decare site between Plovdiv and Assenovgrad. During those 40 years of development we accumulated enough experience and knowledge in the field of the non-ferrous metallurgy, a fact which deservedly assigns us the position of the biggest producer of non-ferrous metals and lead and zinc alloys in the

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Zambia presses ahead with KCM divorce as appoints

21/05/2019ZAMBIA has appointed a legal firm to act as provisional liquidator of Konkola Copper Mines (KCM), the assets owned by Indian firm, Vedanta. Citing a court document, Reuters said Zambian law firm Lungu Simwana Company had been appointed as administrator. This comes a day after Zambian president, Edgar Lungu, stripped KCM of its mining []

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Supplier Registration Vendor

Supplier Registration – User Manual Page 4 of 10 If you are an existing registered vendor with KCM, please enter your current Vendor Number. Please select Country and Region from the drop-down list. Please enter all contact details carefully as they will be used for further communication.

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Mining Fight: Mining Fight Involving KCM Rages On In

13/08/2019KCM claims that by this purchase, it acquired all mining rights over Nchanga Copper Mine from ZCCM as part of the privatisation of the mines, together with a large-scale mining licence 7075-HQ-LML, covering approximately 11,470 hectares with a validity of

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KCM financially bankrupt, just like's Sata's head

05/11/2013KCM financially bankrupt, just like's Sata's head 5 November 2013 04:55 The outburst by ailing dictator Michael Sata threatening to revoke the KCM mining license is nothing but a clear case of his total lack of understanding on mine operations, sources have told the Watchdog.

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MINING INDABA 2018: Efficiency, not complacency, key to

The heads of mining companies should not be complacent about higher prices and need to continue to run their operations as efficiently as possible, the chief executive officer of Konkola Copper Mines (KCM) told Metal Bulletin. Steve Din said during an interview on the sidelines of the Mining Indaba

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Glencore cancels Congo debt of $5.6bn in Gcamines

12/06/2018Gcamines had in April launched a legal suit which could have resulted in it taking control of Glencore's mining licenses through KCM. KCC is crucial to Glencore owing to its potential to produce copper and cobalt, the latter mineral and important constituent

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MINING INDABA 2018: Efficiency, not complacency, key to

The heads of mining companies should not be complacent about higher prices and need to continue to run their operations as efficiently as possible, the chief executive officer of Konkola Copper Mines (KCM) told Metal Bulletin. Steve Din said during an interview on the sidelines of the Mining Indaba

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LICENCE AND LEASES WITH MINERALS AND DATE S/N TITLE

200 rp 252 kcm mining limited 201 rp 253 rimco mining company limited 202 rp 254 coral mines limited 203 rp 255 coltan minerals limited 204 rp 256 nofab global nigeria limited 205 rp 257 hi-starr global solution limited 206 rp 258 dasuki mining company limited 207 rp 259 algrod nigeria limited

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Mining Fight: Mining Fight Involving KCM Rages On In

13/08/2019KCM claims that by this purchase, it acquired all mining rights over Nchanga Copper Mine from ZCCM as part of the privatisation of the mines, together with a large-scale mining licence 7075-HQ-LML, covering approximately 11,470 hectares with a validity of

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Project Name ZAMBIA

KCM and the Konkola Deep Mining Project (KDMP). Without investment in KDMP, the life of the mining industry will end within the next 10 years. KCM shareholders are currently considering all available options, including the sale, transfer of the assets on a going concern basis, or closure in a socially and environmentally responsible manner.

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mining licence konkola s

Mining License occurred in the period between 1958 and 1974 In the period 1975 to 1999, exploration was largely limited to step out drilling on known resourc In the two years that KCM was managed by Anglo American post privatization in 2000, all attention was focused on the Konkola Deeps Mining Project, which had a

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MINING INDABA 2018: Efficiency, not complacency, key to

MINING INDABA 2018: Efficiency, not complacency, key to mine cycle management, says KCM CEO February 20, 2018 Miningreview Konkola copper mine, Mining Indaba, Resource Nationalism The heads of mining companies should not be complacent about higher prices and need to continue to run their operations as efficiently as possible, the chief executive officer of Konkola Copper Mines (KCM) told

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