…claims creditBy ROGERS KALEROMOPANI Copper Mines (MCM) projection to record a decade high profit of US$57 million this year from a US$40 million loss will vindicate the Patriotic Front (PF) and former republican President Edgar Lungu’s decision to repossess the mine from Glencore PLC and give it to the Zambians, the PF has said.In a presentation to a government team led by Mines Minister Paul Kabuswe in Kitwe, MCM Chief Executive Officer Charles Sakanya said the giant mining company would record a decade high profit of US$57 million profit this year from a US$40 million loss.PF Copperbelt Youth Chairman, Moses Musonda, said despite losing power in the August 12 elections, the former ruling party was proud that it had laid a firm foundation for economic recovery through sound economic policies which would continue to yield desirable results.Mr Musonda said the profit record at Mopani was as a result of the PF decision to repossess the […]
PF TOASTS MOPANI PROFIT RECORD
