By SHERRY CHABALAAMBIA Must Prosper (ZMP) president, Kelvin Bwalya Fube says the new dawn administration has no plan of revamping mining activities at Konkola Copper Mines (KCM) and Mopani Copper Mines (MCM) on the Copperbelt.Mr. Bwalya said Government should secure credible investors for the two mines with capacity to buy into Zambia’s development agenda.“Mopani and KCM today are suffering and the simple reason is that there is just no plan. There is no rescue plan. The operational costs for Mopani and KCM cannot be met with the levels of production which are going on, , that is number one.“Number two, contractors who are the majority of the employers who work and feed off the mines also are not being paid by the mines because the mines are not producing enough. So, there lies the problem,” Mr Bwalya said.He stated that by now, Government should know that ongoing negotiations with Vedanta Resources Plc would not yield […]
New Dawn has no plan to revamp KCM, MopanI – KBF
