NFC Africa, majority owned by China Non-ferrous Metals Company Limited launched output at a new $832 million Zambian copper mine, extending the firm's lifespan by over 20 years.
LUSAKA, Zambia (AP) — Authorities in Zambia said Tuesday they were frantically pumping water and mud from a Chinese-owned copper mine where seven miners were trapped underground. The two Chinese workers and five Zambian ones were caught on Monday when water and mud entered the shaft where they worked at the …
The Chambishi Copper Smelter in Zambia, owned by China Nonferrous Metal Mining Corp (CNMC), has cut one-fifth of its production as it grapples with the fallout from power shortages across the country. ... Z is planning to meet with mining companies on Thursday to discuss ways it could "claw back" around 250MW, or …
NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), on Wednesday launched output at a new $832 million Zambian copper mine, extending the firm's lifespan by over 20 years.
JCHX Mining, a Shanghai-listed mining services and contracting company, plans to revive and extend the operational life of the Lubambe Copper Mine, which it …
Four companies have been shortlisted to acquire the Mopani Copper Mines (MCM) in Zambia, reported Reuters, citing two sources. The entities involved comprise China's Zijin Mining, South Africa's Sibanye Stillwater, China-based Norinco Group and an investment vehicle owned by ex-Glencore officials.
This article focuses on the distinctive nature of Chinese FDI in Africa, specifically copper mining value chains in Zambia and local sourcing linkages. In order to secure supply, China has become a substantial foreign investor in the Zambian copper extractive sector acquiring control over copper mines, smelters and processing …
Sibanye-Stillwater, the South African miner, China's Zijin Mining, and other groups have taken an interest in these operations, even though Mopani needs $450mn in sustaining and expansion ...
JCHX Mining is close to concluding a deal to buy Zambia's Lubambe copper mine, two sources told Reuters, in the latest in a string of copper deals by Chinese companies intent on growing their ...
The report is based on interviews with 170 copper miners, more than half of whom worked for the Chinese companies. Human Rights Watch found that pay at the Chinese-run mines was higher than Zambia ...
Central to Zambia's economic stability is its mining sector, which accounted for 17.5% of the country's GDP and over 70% of foreign exchange earnings in 2021. Copper, the country's main export ...
"Our commemoration of NFCA's 25th anniversary is a new starting point for us to accelerate our progress in building a world-class mining company." Zambia's Minister of Mines Paul Kabuswe commended NFCA for transforming the Chambishi mine, which was once closed for 13 years, into a vibrant and focused mining company …
Now, Chinese interests include mines in the country's Copperbelt — as much as 75% of Zambia's GDP stems from copper exports — but also a whole range of retail and textile enterprises. Zambia is the first country to boast a RMB-issuing branch of Bank of China; bi-lateral trade between the two countries approached $3 billion in 2010.
LUSAKA, Sept. 26 (Xinhua) -- China-Zambia joint venture, Non-Ferrous Corporation Africa Mining PLC (NFCA), marked its 25 years of operation in Zambia's …
Chinese public sector company Sinomine, which has until now provided geological, engineering and logistics services to other mining firms, has just begun producing copper in Zambia on its own account for the needs of Chinese industry.
"Our commemoration of NFCA's 25th anniversary is a new starting point for us to accelerate our progress in building a world-class mining company." Zambia's Minister of Mines Paul Kabuswe commended NFCA for transforming the Chambishi mine, which was once closed for 13 years, into a vibrant and focused mining company …
JCHX Mining, a Shanghai-listed mining services firm, is close to finalizing a deal to acquire an 80% stake in Lubambe copper mine from EMR Capital, a source said. …
It actually came from a casual worker at a Chinese-owned copper mine in Zambia. He was one of 95 mine workers employed at four copper mines run by Chinese state-owned companies who were interviewed in a new research report published by Human Rights Watch (HRW) this month. The 122-page report documents a wide-range …
Central to Zambia's economic stability is its mining sector, which accounted for 17.5% of the country's GDP and over 70% of foreign exchange earnings in 2021. ... Top Mining Companies Commit ...
CHINA DAILY. Sino-Metals Leach Zambia, or Sino-Metals, a subsidiary of China Nonferrous Metal Mining (Group), or CNMC, is China's first large-scale copper …
Local NGOs have taken Chinese mining companies to court for financial compensation and they have conducted independent assessments of the environmental impact of mining projects that local residents have deemed to be polluting the local environment. ... a case study of Chinese copper mining in Zambia', The Journal of …
Chinese mining companies in Zambia, Africa's biggest copper producer, are routinely flouting laws designed to protect workers' safety and the right to organise, Human Rights Watch (HRW) said on ...
The Chinese mining giant China Non-Ferrous Metals Mining Company (CNMC) announced a plan to invest $1.3 billion in Zambia across a range of sectors. The agreement, announced by CNMC chairperson Xi Zhengping, includes a $400 million investment in the Chambishi copper mine, run by its subsidiary Non-Ferrous …
Though formally recognized by China's Ministry of Commerce in 2006, China's state-owned mining enterprise, China Non-Ferrous Metal Mining Company (CNMC) approached Zambia's government earlier in 2004 with a proposal for an industrial park. The ZCCZ is comprised of two sub-zones, the Chambishi MFEZ and the Lusaka …
MML is currently undertaking an extensive exploration Programme on its license to develop it into a fully-fledged copper mine. MML boasts superior exploration techniques using technology employed by Kobold Metals Company. MML's license has prospectively high copper grades relative to the Copperbelt region. Company …
Chinese mining companies in Zambia, Africa's biggest copper producer, are routinely flouting laws designed to protect workers' safety and the right to organise, Human Rights Watch (HRW) said on ...
The four Chinese-run copper mining companies in Zambia are subsidiaries of China Non-Ferrous Metals Mining Corporation, a state-owned enterprise under the authority of China's highest executive body. Copper mining is the lifeblood of the Zambian economy, contributing nearly 75 percent of the country's exports and two-thirds of the central ...
CHINGOLA, Zambia, July 19 (Xinhua) -- China Copper Mine (CCM) has created hundreds of jobs for the local people since it started investment in Zambia's Chingola District in 2010. The company has invested a total of 40 million U.S. dollars, creating 400 jobs for the locals, said CCM director Zhang Mengtao.