By ROGERS KALEROGOVERNMENT should find two different investors to take over Mopani Copper Mine units in Mufulira and Kitwe, miners have proposed.Glencore, the major shareholders in Mopani, has placed the mine under care and maintenance despite Government insisting that the move was illegal.The miners said giving two units to one investor could be devastating to the country’s economy and to the miners, if an investor holding the licence for both units decided to pull out.If the one of the two investors decided to leave, they observed, the number of miners to be affected and the impact on the economy would not be as much.Stanslous Mukupa, an operator at South ore body shaft, said the Mopani saga was a learning point for Government to split units in future privatisation.He said, therefore, that Government must repossess the units from Glencore now and hand them to two credible investors.“From whatever has happened, there is a lesson to learn […]
‘Split Mopani assets to two investors’
