By Webby Banda. On 19th January 2021, Minister of Mines Richard Musukwa announced the Government's strategic step to own 100 percent shares in Mopani Copper Mine through the state mining ...

Zambia's government has shortlisted companies that have submitted binding offers for Mopani Copper Mines and wants to select a new investor by July 31, its mines minister said on Friday.

Seeking to boost copper production to three million tonnes per annum (Mtpa) by 2032, up significantly from the current levels of around 850,000 Mtpa, his government has now sourced the funds to increase output at …

Abu Dhabi's IHC forms $27bn holding company 2PointZero; The company posted a loss of $298 million for 2022 in its most recent financial statements, as copper production fell to 72,500 tonnes over the year, down 17 percent on 2021. Ali Rashdi, CEO of IRH said the acquisition marked a crucial step in its "strategic journey in the mining ...

Mopani Copper Mines Plc is a Zambian registered copper mine owned by ZCCM-IH. In April 2000, Mopani purchased assets of the Zambia Consolidated Copper …

Access the Mopani Portal to manage your account, view your medical scheme, and register as a vendor for Mopani Copper Mines Plc.

Zambia had been seeking a new investor for Mopani since it took control of the assets from Glencore in 2021 after agreeing to pay the Swiss commodities company $1.5 billion in a deal funded by debt.

Rothschild & Co, hired last year to find investors for Mopani, has whittled down the list to four, the sources said. Switzerland-based commodities giant Glencore sold a 73% stake in Mopani to ZCCM ...

In 2023, Mopani Copper Mines PLC launched the Women in Mining Programme a flagship event, "Women in Mining Forum and Exhibition". The forum and exhibition set out to facilitate and strengthen women led companies and companies with women as majority shareholders to gain increased access to Mopani's supply and …

The Zambia state firm was being advised by Rothschild & Co on the Mopani sale. Other firms that were bidding for Mopani include South Africa's Sibanye Stillwater and China's Zijin, Reuters ...

21 March 2024 Baar, Switzerland. Glencore notes the completion of the Mopani transaction today. The total proceeds received by Glencore (including the settlement of working capital facilities) were USD$411m in cash on closing plus deferred consideration of USD$135m which will be settled over c. 4.5 years with interest and a royalty of 10% of the copper …

Zambia is seeking to restructure a $1.5 billion debt owed by Mopani Copper Mines to Glencore, which arose from its acquisition of Mopani in 2021, state-owned mining firm ZCCM-Investment Holdings ...

MOPANI TARGETS GLOBAL MINING LEADERSHIP (17 SEPTEMBER, 2024) – Mopani Copper Mines PLC has announced a significant shift in its corporate vision as the company targets to become a global leader in the copper production and mining value chain. The new corporate vision: "To become a world champion mine through BEST values" has …

With the mine's ownership now wholly in the hands of ZCCM-IH, a suitable rebranding ensued with the image of the robust Mopani tree at the fore. "Our logo, letterheads, and safe-mining posters all speak of our new …

Glencore Plc and Zambia's state-owned mining company ZCCM-IH could jointly lend Mopani Copper Mines $200 million to help cover running costs under a proposal made by the global miner last week, a ...

Mining company International Resources Holding (IRH) has acquired a 51% stake in Zambia 's Mopani Copper Mines for $1.1 billion. IRH's deal was finalized in December 2023 but the acquisition was …

The Copperbelt region's economy heavily relies on mining, with over 90 percent of companies providing goods and services to the industry. However, due to decreased copper production at Mopani over the past four years, many contractors had to cease operations, resulting in a reduction in the number of suppliers on the database.

CAREER OPPORTUNITY – SPRAYER/SEARCHER Mopani Copper Mines PLC has operations in Mufulira and Kitwe on the Copperbelt Province in Zambia. The Company's Success has been as a result of its Focused approach to improvement and the mutually beneficial relationships enjoyed with stakeholders-an important sector of which is its …

Mining has long been a cornerstone of Zambia's economy, comprising 77 percent of ts annual export value and 27.7 percent of its annual government revenue. Unfortunately, this level of reliance ...

Syed Basar Shueb, CEO of International Holding Company, said: "We are immensely pleased to announce the official integration of Mopani Copper Mines into our portfolio.

Mopani made a loss of $196 million in the first half of 2023, according to ZCCM-IH. The company operates two sites in Zambia's Copperbelt province, including shafts, a smelter and a refinery.

During the financial year ending 31st December 2018, Mopani Copper Mines (MCM) recorded net revenue of ZMW9.43billion (US$842.04 million) (2017: ZMW3.95 billion US$352.60 million). The net loss for the period under review was at ZMW8.09 billion (US$ 722.85 million) (2017: ZMW2.77 billion US$ 290.12 million net loss).

Zambian mining investment firm ZCCM-IH has hired investment bank Rothschild & Co for a strategic review of Mopani Copper Mines "to ensure its sustainability and continued development", the ...

Four companies have been shortlisted to acquire the Mopani Copper Mines (MCM) in Zambia, reported Reuters, citing two sources. The entities involved comprise China's Zijin Mining, South Africa's Sibanye …

"Becoming a world champion mine means excelling beyond industry norms. We are positioning Mopani to lead the global mining sector, setting new benchmarks in …

International Holdings Resources (IHR) is the new investor in Mopani Copper Mine and is expected to pump in US$1.1 billion dollars in the mining operation.

Mining company International Resources Holding (IRH) has acquired a 51% stake in Zambia's Mopani Copper Mines for $1.1 billion. IRH's deal was finalized in December 2023 but the acquisition was completed in March 2024. ... Mopani Copper Mines requires a $300 million investment to scale up production to 200,000 metric tons of …

Mopani Copper Mines PLC is Zambian-registered integrated mining investment with operations in Kitwe and Mufulira districts of the Copperbelt Province in the Republic of Zambia. The company's operations …

Mopani Copper Mines PLC Corporate Office Central Street ; P O Box 22000, Kitwe,Zambia ; Tel. (+260 212) 247344

Mining Follow ... Company size 1,001-5,000 employees Type Public Company Employees at Capital Development Services (Anglo Platinum) ... Maintenance Engineer at Mopani Copper Mines PLC