By BARNABAS ZULU KONKOLA Copper Mines (KCM) has disclosed that it will spend US$4 million in Corporate Social Responsibility (CSR) by the end of this month. In a statement yesterday, Acting General Manager for Corporate Affairs, Maurice Sichone, said KCM has reaffirmed its commitment to CSR by investing significantly in various community development projects. “KCM has reaffirmed its commitment to Corporate Social Responsibility by investing significantly in various community development projects,” he said. Since Vedanta Resources Holdings Limited took over the mine in August 2024, KCM has already spent $1 million on CSR initiatives and has allocated an additional $3 million to be disbursed by the end of November. Vedanta has committed to spending $20 million annually under the newly established KCM Community Development Trust, which will oversee and implement CSR projects. KCM Chief Operating Officer (COO), Malcolm Mewett, said the company’s support for various government, community, and sports programmes, included financial support for four […]
KCM to spend US$4m on CSR by end of month
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