By NATION REPORTERKONKOLA Copper Mines (KCM) will be shut down if no remedial measures are taken to save the mining giant, Democratic Party President, Judith Kabemba, has said.Ms Kabemba said having been born on the Copperbelt she was saddened by the dwindling economic activities in of Chililabombwe, Chingola and Kitwe. She said this inactivity had been exacerbated by the legal battles that the company had faced for over three years now which had resulted in a low or close-to-nothing of production activities at the once giant Konkola Copper Mines (KCM). “Suffice to say that Konkola Copper Mines has been a source of concern for many stakeholders because the firm has not been operating optimally owing to financial challenges. At this point, there is need to recapitalise KCM so that there is improved production is urgent,” she said.Ms Kabemba said Zambians may wish to know that the average integrated production at KCM had dropped by 65 percent […]
KCM to shut down if a decision is not taken soon – Kabemba
