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ZCCM Investments Holdings
ZCCM Investments Holdings is a successor company to Zambia Consolidated Copper Mines Limited (ZCCM Ltd), of Zambia. History The company, ZCCM, was formed by a gradual process of nationalization and corporate concatenation which began in January 1970; the process is more completely described in the article Economy of Zambia. A major switch in the structure of Zambia's economy came with the ulungushi Reforms of April 1968: the government declared its intention to acquire equity holdings (usually 51% or more) in a number of key foreign-owned firms, to be controlled by a parastatal conglomerate named the Industrial Development Corporation (INDECO). By January 1970, Zambia had acquired majority holding in the Zambian operations of the two major foreign mining corporations, the Anglo American Corporation and the Rhodesia Selection Trust (RST); the two became the Nchanga Consolidated Copper Mines (NCCM) and Roan Consolidated Mines (RCM), respectively. The Zambian government then cre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lusaka
Lusaka (; ) is the Capital city, capital and largest city of Zambia. It is one of the fastest-developing cities in southern Africa. Lusaka is in the southern part of the central plateau at an elevation of about . , the city's population was about 3.3 million, while the urban population is estimated at 2.5 million in 2018. Lusaka is the centre of both commerce and government in Zambia and connects to the country's four main highways heading Great North Road, Zambia, north, Livingstone Road, south, Great East Road, east and Great West Road, Zambia, west. English is the official language of the city administration, while Bemba language, Bemba, Tonga language (Zambia and Zimbabwe), Tonga, Lenje, Soli language, Soli, Lozi language, Lozi and Nyanja are the commonly spoken street languages. The earliest evidence of settlement in the area dates to the 6th century AD, with the first known settlement in the 11th century. It was then home to the Lenje people, Lenje and Soli language, Soli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zambian Copperbelt
Zambia (), officially the Republic of Zambia, is a landlocked country at the crossroads of Central, Southern and East Africa, although it is typically referred to as being in Southern Africa at its most central point. Its neighbours are the Democratic Republic of the Congo to the north, Tanzania to the northeast, Malawi to the east, Mozambique to the southeast, Zimbabwe and Botswana to the south, Namibia to the southwest, and Angola to the west. The capital city of Zambia is Lusaka, located in the south-central part of Zambia. The nation's population of around 19.5 million is concentrated mainly around Lusaka in the south and the Copperbelt Province to the north, the core economic hubs of the country. Originally inhabited by Khoisan peoples, the region was affected by the Bantu expansion of the thirteenth century. Following the arrival of European explorers in the eighteenth century, the British colonised the region into the British protectorates of Barotseland-North-West ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Quantum Minerals
First Quantum Minerals is a Canadian-based mining and metals company whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016. First Quantum's common shares are listed for trading on the Toronto Stock Exchange in Canada (symbol "FM"). Until 2016, First Quantum also maintained a secondary listing on the London Stock Exchange (symbol "FQM"), in the United Kingdom. History First Quantum was founded in 1983 under the name Xenium Resources. It changed its name to ''Zeal Capital'' in 1989, ''First Quantum Ventures'' in 1993, and First Quantum Minerals in 1996. Its first significant operation was the Bwana Mkubwa mine in Zambia, acquired in 1996. In 2000, First Quantum acquired a partial interest in Mopani Copper Mines, a Zambian copper company. In 2001, it opened the Lonshi Copper Mine in the Democratic Republic of the Congo. Also in 2001, the company acquired the Kansanshi mine in Z ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golden Share
In business and finance, a golden share is a nominal share which is able to outvote all other shares in certain specified circumstances, often held by a government organization, in a government company undergoing the process of privatization and transformation into a stock-company. Purpose This share gives the government organization, or other shareholder, the right of decisive vote, thus to vote all other shares, in a shareholder meeting. Usually this will be implemented through clauses in a company's articles of association, and will be designed to prevent stakebuilding above a certain percentage ownership level, or to give a government, or other shareholder, veto powers over any major corporate action, such as the sale of a major asset or subsidiary or of the company as a whole. In the context of government-owned golden shares, this share is often retained only for some defined period of time to allow a newly privatised company to become accustomed to operating in a public e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vedanta Resources
Vedanta Resources Limited is an Indian diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha (2,400 MW) and Punjab (1,980 MW). The company with 20,000 employees is primarily owned by the family of Anil Agarwal through ''Volcan Investments'', a holding vehicle with a 61.7% stake in the business. Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa. Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018. History The company w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Konkola Copper Mines
Konkola Copper Mines is a copper mining and smelting company in Zambia. It is a subsidiary of Vedanta Resources, a mining conglomerate based in Mumbai and London. Konkola's name is abbreviated to KCM. Operations KCM currently produces 2 million tons of copper ore per year. The company's Konkola Deep Mining Project will expand its capacity to 6 million tons of ore per year. Facilities include: *Konkola Copper Mine *Nchanga Copper Mines near Chingola, also producing cobalt; Nchanga ore concentrator Plants *Nampundwe Pyrites Mine (pyrites are used in the copper smelting process) *The Nchanga (in Chingola) and Nkana Smelters, & Nkana Refinery etc. in Kitwe. The Nchanga is currently the largest copper smelter in Zambia. Exports are transported to the ports of Dar es Salaam in Tanzania and Durban in South Africa. Principal markets include the Middle East and East Asia. Metal is also sold domestically, to Metal Fabricators of Zambia A metal (from Greek μέταλλον ''m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nava Bharat
''Nava Bharat'' (Translation: New India) is a Hindi-language daily newspaper published through 14 editions from the states of Maharashtra, Madhya Pradesh & Chhattisgarh. Founded in 1934 Navabharat has the sixth highest readership according to Indian Readership Survey'09 R1 in India amongst Hindi newspapers. With its sister newspapers Central Chronicle and Navarashtra published in English and Marathi respectively. Navabharat has three supplements mainly, Suruchi, Glamour, Awakash. History ''Nava Bharat'' was launched on 8 February 1934 by Shri Ramgopal Maheshwari (1911–1999), a Gandhian freedom fighter, journalist, and promoter of Hindi language. Maheshwari served as its Editor-in-Chief for 65 years. news.webindia123. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maamba Collieries Ltd
Maamba is a town located in Sinazongwe District in the Southern Province, Zambia. It is about 35 kilometres south-west of Sinazeze and about 250 km south-west of the capital city of Zambia, Lusaka. Maamba is a coal mining town with about 13000 residents. History Maamba gets its name from the Lozi Tribe, meaning talkative person. Maamba Coal Mine Maamba is the home to the largest Coal Plant in Zambia at 300MW, built for U$750million and operated by Maamba Collieries Limited (MCL) which as of 2010 is 100% owned by Nava Bharat Ventures Limited (NVBL) of India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so .... In 2021, Maamba Collieries Limited announced they were interested in increasing the capacity from 300 to 600MW. References Populated places in Southern Provinc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gemfields
Gemfields Group Ltd (formerly Pallinghurst Resources Limited) is a company incorporated in Guernsey and headquartered in London, United Kingdom, and is a supplier of coloured gemstones. The company specializes in the mining, processing and sale of coloured gemstones, in particular emeralds and rubies. The group sells rough, uncut gemstones and does not operate any cutting and polishing facilities. The company owns the ''Kagem'' emerald mine in Zambia and the ''Montepuez'' ruby mine in Mozambique. Gemfields produces around 25% of the world's emerald supply and around 50% of the world's ruby supply. In addition to the gemstone mining and production assets the Group also owns and operates the Fabergé luxury brand. Gemfields holds additional stakes in companies based in Zambia, Mozambique, Ethiopia and Madagascar. It also holds an indirect minority stake of 6.5% in platinum-group metals producer Sedibelo Platinum Mines Limited. In May 2017, Gemfields Group Limited (then called Pal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kariba Minerals Limited Plc
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Kariba may refer to: * Kariba, Zimbabwe * Lake Kariba * Kariba Dam * Kariba Gorge * Kariba (District) * Kariba weed, plant * For the ship, see MV Tricolor MV ''Tricolor'' was a 50,000 tonne Norwegian-flagged vehicle carrier built in 1987, notable for having been involved in three English Channel collisions within a fortnight. History MV ''Tricolor'' was originally launched in 1987 as ''Nosac Sun'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ndola Lime Company Limited (NLC)
Ndola Lime Company Limited (NLC) is a limestone products producing company in Zambia. It is located in Masaiti at about 10 km south east of Ndola. It is a wholly owned subsidiary of ZCCM-Investments Holdings. The company was founded in 1931 and is still operational. History In July 2017, a joint venture between Zambia Consolidated Copper Mines Investment Holdings and China's Sinoconst was announced to construct a US$528 million 1.85Mta Cement plant at the Ndola Lime Company in Masaiti, with a target to be operational by the first quarter of 2020. Operations ZCCM Investments Holdings owns 100% of Ndola Lime Company Limited. Finances In 2016, the company reported total revenues for the fiscal year ended 31 March 2016 of ZMW 196.6 million and a loss after tax of ZMW 82 3million. In 2017, the company reported total revenues for the fiscal year ended 31 March 2017 of ZMW 89.6 million and a loss after tax of ZMW 1,163.0 million. In 2018, the company reported total re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
