ZCCM to garner shareholder approval for Mopani takeover on March 30

Mining News Pro - Zambia’s mining investment arm ZCCM Investment Holdings will hold an extraordinary general meeting on March 30 for shareholders to vote on the company’s intended acquisition of Mopani Copper Mines.

First Quantum sees no `contagion` risk in Zambia after Mopani deal

Mining News Pro - First Quantum Minerals sees no risk of nationalization in Zambia following the sale last month of Mopani Copper Mines to the country`s mining investment arm ZCCM-IH, the Canadian miner`s chief operating officer, Tristan Pascall, said on Wednesday.

`The bucket is leaking`: Zambia opposition leader denounces debt-funded Mopani deal

Mining News Pro - Zambia`s main opposition party leader Hakainde Hichilema criticised the government`s deal with Glencore on Thursday, comparing the economy to a leaky bucket broken by debt.

Zambia concludes talks with Glencore on buying Mopani mine stake

Mining News Pro - The Zambian government has concluded its talks with Glencore about buying a majority stake in Mopani Copper Mines, state radio reported, citing President Edgar Lungu.

Zambia sees deal over Mopani within a month

Mining News Pro - Zambia expects to conclude talks over buying Glencore Plc’s stake in Mopani copper mines Plc within a month, according to Barnaby Mulenga, permanent secretary in the Ministry of Mines.

Glencore puts entire stake in Mopani on the table in talks with Zambia

Mining News Pro - Glencore will likely sell its entire 73.1% stake in Zambia`s Mopani Copper Mines to the government`s mining investment arm ZCCM-IH rather than becoming a minority stakeholder, two sources with direct knowledge told Reuters

Zambia seeks to take control of Mopani

Mining News Pro - Zambia’s state-owned mining investment company (ZCCM-IH) is seeking a controlling stake in Glencore subsidiary Mopani Copper Mines, Mines minister Richard Musukwa said on Tuesday.

Mopani Copper Mines restarting operations for 90 days

Mining News Pro - Glencore-managed Mopani Copper Mines confirmed on Sunday that constructive discussions had taken place with the Zambian government and that mining operations would be restarted and a notice issued of the company’s intention to place the mining operations on care and maintenance after 90 days.

Zambia plans to revoke Glencore’s Mopani Copper Mines licenses

Mining News Pro - Zambia plans to revoke the mining licences of Glencore subsidiary Mopani Copper Mines (MCM) because the company did not give enough notice before suspending its mining operations in the coronavirus crisis and other problems.

Zambia plans to revoke Glencore’s Mopani Copper Mines licences

Mining News Pro - Zambia plans to revoke the mining licences of Glencore subsidiary Mopani Copper Mines (MCM) because the company did not give enough notice before suspending its mining operations due to the coronavirus crisis and other problems.

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