Konkola Copper Mines-KCM-has officially relaunched its business unit operations with a $700 million investment aimed at boosting copper production through significant underground developments at the mine.
Speaking during the relaunch, KCM chief operating officer Malcolm Mewett highlighted that the planned investment would unlock vast copper resources, significantly enhancing the mine’s output.
He described the relaunch of the Konkola Business Unit in Chililabombwe as a major milestone in KCM’s broader effort to revitalize its operations.
Mr Mewett has also revealed that over half of the $1 billion investment pledged by Vedanta Resources Limited for KCM’s overall growth would be directed to the Konkola mine in the coming years.
And KCM Director of Mining Cornelius Chimbanga has emphasized the importance of targeted investments in strengthening the mine’s contribution to Zambia’s gross domestic product-GDP.
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