A briefing on Zambia's state-owned miners - Resource nationalism - Africa (sitios de interés)
Descripción del sitio
The state-owned company, ZCCM-IH plc, is listed in Lusaka and London, and warehouses the government’s dividends from its minority equity shareholdings in a number of mining operations.
ZCCM-IH owns a 10% stake in Glencore International’s Mopani Copper Mines; a 10% shareholding in Chambishi Metals; a 20.6% interest in Konkola Copper Mines, which is controlled by Vedanta Resources; and another 20.6% stake in Kinsanshi, of which First Quantum Minerals is a major shareholder.
The state-owned company also owns a 15% shareholding in NFC Africa Mining, which has China Nonferrous Metals Corp (CNMC) as a major shareholder.
The Zambian government also owns a 35% stake in Maamba Colliery through ZCCM-IH. Apart from Ndola Lime Co, which supplies chemicals to local mining operations, ZCCM-IH does not operate any mines of its own.
Management
Muleka Muyunda, a business and finance professional, is the ceo of ZCCM-IH. The lawyer Wila D Mung’omba is ZCCM-IH executive chairman.
To read more about resource nationalism visit Metal Bulletin's website.
ZCCM-IH owns a 10% stake in Glencore International’s Mopani Copper Mines; a 10% shareholding in Chambishi Metals; a 20.6% interest in Konkola Copper Mines, which is controlled by Vedanta Resources; and another 20.6% stake in Kinsanshi, of which First Quantum Minerals is a major shareholder.
The state-owned company also owns a 15% shareholding in NFC Africa Mining, which has China Nonferrous Metals Corp (CNMC) as a major shareholder.
The Zambian government also owns a 35% stake in Maamba Colliery through ZCCM-IH. Apart from Ndola Lime Co, which supplies chemicals to local mining operations, ZCCM-IH does not operate any mines of its own.
Management
Muleka Muyunda, a business and finance professional, is the ceo of ZCCM-IH. The lawyer Wila D Mung’omba is ZCCM-IH executive chairman.
To read more about resource nationalism visit Metal Bulletin's website.