(Source: Katanga Mining Limited) 5c5a0c29-3aeb-44f1-b712-013b6c9cef81.pdf No. 10/2015 News release KATANGA MINING ANNOUNCES THIRD QUARTER 2015 PRODUCTION RESULTS AND DATE FOR RELEASE OF Q3 2015 FINANCIAL RESULTS BAAR, SWITZERLAND, November 3, 2015 - Katanga Mining Limited (TSX: KAT) ('Katanga' or the 'Company') today announces third quarter 2015 production results and date for release of Q3 2015 financial results. Three months ended Nine months ended Sep 30, 2015 Sep 30 2014 June 30 2015 Sep 30, 2015 Sep 30, 2014 Highlights during the three and nine months ended September 30, 2015, and Outlook Mining Waste mined tonnes 13,395,209 8,407,593 9,817,347 29,603,671 23,823,138 Ore mined tonnes...
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Katanga Mining Announces Third Quarter 2015 Production Results and Date of Release of Q3 2015 ...
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21 killed in coal-mine fire in northeast of mainland China
An underground fire claimed at least 21 lives at a coal mine in northeastern Heilongjiang province, state media reported yesterday, the latest fatal accident in the mainland's troubled resources sector. The deadly blaze broke out late on Friday at a mine...
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Fact Sheet: 23rd Annual APEC Economic Leaders’ Meeting (President of the United States)
(Source: President of the United States) President Barack Obama met with Leaders of the Asia-Pacific Economic Cooperation (APEC) forum in Manila to adopt a set of ambitious initiatives under this year's theme of 'Building Inclusive Economies, Building a Better World.' Now in its 26th year, APEC has contributed to a tremendous rise in economic prosperity that directly benefits approximately 40 percent of the global population who live in APEC economies. Since APEC's establishment in 1989, members have seen a ten percentage point reduction in their average applied tariff rate, trade grow to $20 trillion, and their collective GDP rise to 58 percent of the global total. Under the chairmanship of...
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From Australia to Zambia, slowing China economy causes pain
China's economic troubles have dropped on the doorstep of a sun-weathered house at 18 Edgar St. in Port Hedland on Australia's northwest coast. Four years ago, the 50-year-old home, fabricated from cheap asbestos cement, sold for the equivalent of $1.3 million. It's now for sale again — recently priced at $310,000. What happened to $1 million in home equity? It vanished down the China sinkhole. From Australia to Zambia, Chile to Indonesia, the pain of China's sharp economic slowdown is being felt in the form of depressed commodity prices, elevated unemployment and shrunken home prices in towns like Port Hedland that once thrived from supplying materials to Chinese factories. China's...
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United States Ambassador visits KCM (Vedanta Resources plc)
(Source: Vedanta Resources plc) Press Release United States Ambassador visits KCM Zambia, February 26, 2015: American Ambassador to Zambia Eric Schultz has expressed satisfaction at the efforts Konkola Copper Mines (KCM) is making to extend and sustain life of mine. Speaking when he visited for a familiarization of KCM Nchanga operations in Chingola, Ambassador Schultz said the mining industry has a lot of potential for growth and to contribute to Zambia's economic...
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Unites States Ambassador visits KCM (Vedanta Resources plc)
(Source: Vedanta Resources plc) Press Release Unites States Ambassador visits KCM Zambia, February 26, 2015: American Ambassador to Zambia Eric Schultz has expressed satisfaction at the efforts Konkola Copper Mines (KCM) is making to extend and sustain life of mine. Speaking when he visited for a familiarization of KCM Nchanga operations in Chingola, Ambassador Schultz said the mining industry has a lot of potential for growth and to contribute to Zambia's economic...
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Contractor Employee protests at Konkola Copper Mines (Vedanta Resources plc)
(Source: Vedanta Resources plc) Press Release 22nd August 2014 Contractor Employee protests at Konkola Copper Mines In response to media reports published on the 21st of August 2014 regarding a demonstration involving persons employed by contractors of Konkola Copper Mines (KCM) on the 20th of August 2014, KCM would like to inform its stakeholders of the following facts: • The wage-related demonstrations were carried out by individuals working for companies contracted by KCM at the Nchanga Underground Mine. They are not directly employed by KCM. • KCM has not defaulted and is not in arrears to any of the 23 contractor firms working at Nchanga Underground Mine. • KCM adheres strictly to...
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Proud parents hail KCM university scholarships (Konkola Copper Mines plc)
(Source: Konkola Copper Mines plc) Proud parents hail KCM university scholarships Excited parents thronged the local airport in the commercial city of Ndola to see off 15 students sponsored by Konkola Copper Mines (KCM) to study at a top India university. Cheers and excitement from the parents and other relations filled the Simon Mwansa Kapwepwe International Airport as the students boarded their...
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Minister of Agriculture & Livestock commissions KCM equipment (Vedanta Resources plc)
(Source: Vedanta Resources plc) Press Release 5th August 2014 Nchanga MP and Minister of Agriculture & Livestock commissions KCM equipment Minister of Agriculture and Livestock Wylbur Simuusa today visited Konkola Copper Mines (KCM) in his capacity as Nchanga Member of Parliament to familiarize with the company's operations. Speaking after commissioning of the new equipment at the Chingola Open Pits (COP) F&D, which restarted operations on 1st July following a one-and-half year lull, Hon. Simuusa reaffirmed the government's commitment to ensuring Konkola Copper Mines overcomes its current operations challenges. Hon. Simuusa said the resumption of COP F&D operations was a clear commitment by...
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Copper prices below $5 000 could threaten Zambian mines - minister
LUSAKA – Zambian mines are still operating profitably, despite the fall in copper prices, but could be threatened if the price dropped below $5 000/t, Mines Minister Christopher Yaluma said on Saturday. Copper markets had been...
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Nampundwe High School raises enrollment after KCM help (Konkola Copper Mines plc)
(Source: Konkola Copper Mines plc) Nampundwe High School raises enrollment after KCM help Nampundwe High School has doubled its enrollment to 1,400 students after Konkola Copper Mines (KCM) upgraded infrastructure and purchased laboratory equipment and desks for the school. The company in 2009 initiated a project to upgrade Nampundwe High...
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Konkola tries to calm indignant Zambians
Bloomberg and Reuters Lusaka Konkola Copper Mines has apologised to the president of Zambia after the country revoked the work permit of its chief executive. Kishore Kumar, who started as chief executive in August, would not be allowed back into the country, Information and Broadcasting Minister Mwansa Kapeya said on Sunday. Zambia cancelled the work permit after Konkola said it would retrench 1 529 workers. President Michael Sata also said the government would cancel the company’s licence if it fired any workers. On Friday the state-owned Daily Mail...
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Fatality at Konkola Copper Mine’s Number 1 Shaft (Vedanta Resources plc)
(Source: Vedanta Resources plc) Press Release 17th September 2014 Fatality at Konkola Copper Mine's Number 1 Shaft Konkola Copper Mines (KCM) regrets to inform all its stakeholders about a fatality at Number 1 Shaft in Konkola. The incident occurred at 16:30 hours on Tuesday 16th September 2014. Justine...
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Konkola Copper Mines here to stay (Konkola Copper Mines plc)
(Source: Konkola Copper Mines plc) Konkola Copper Mines (KCM)has reaffirmed its commitment towards Zambia's development agenda despite the current challenges it is facing that have affected its operations. KCM Chief Executive Officer Steven Din says the company's investment in the mines amounting to $3 billion dollars over the last eleven (11 years) is a clear demonstration of its...
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Konkola Copper Mines unveils new Vedanta Logo (Konkola Copper Mines plc)
(Source: Konkola Copper Mines plc) Konkola Copper Mines (KCM) has unveiled Vedanta's new logo with a senior company official calling on employees to entrench values of people and environmental protection. KCM Vice President for Local Economic Development, David Paterson said the logo was unveiled at KCM because the company has embraced Vedanta values of caring for...
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No decision yet on Nchanga mine (Konkola Copper Mines plc)
(Source: Konkola Copper Mines plc) The global copper mining industry is currently facing serious challenges due to low prices. As a result, KCM has to review its loss making assets. The Nchanga underground operations are currently...
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KCM delivers education to adult students (Konkola Copper Mines plc)
(Source: Konkola Copper Mines plc) A 77-year old woman is among more than 500 people that have enrolled for the Konkola Copper Mines (KCM) financed literacy and numeracy lessons in Chililabombwe KCM has partnered with Zambia's Ministry of Education (MOE) to offer literacy classes and community sensitisation on emergency preparedness at the local level at 10 centres, which were established by the District Education Board in July 2014...
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Zambian adult learners enroll for their first examinations (Konkola Copper Mines plc)
(Source: Konkola Copper Mines plc) More than 100 adult learners will sit for their first ever examinations after enrolling to write primary education examinations, courtesy of an adult literacy programme funded by Konkola Copper Mines (KCM). The Adult Literacy programme in the town of Chililabombwe has attracted 800 learners who are 35-65 years. The lessons were introduced as part of Zambia's 50th...
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KCM Clarifies Placement of Employees on Recess (Konkola Copper Mines plc)
(Source: Konkola Copper Mines plc) Several media outlets have this morning reported that Konkola Copper Mines (KCM) has cut 133 jobs at its Nchanga operations. KCM wishes to clarify the situation: - Today 133 employees will be placed on recess, while the company undertakes a...
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Young Zambians awarded KCM university scholarships (Konkola Copper Mines plc)
(Source: Konkola Copper Mines plc) Konkola Copper Mines (KCM) has awarded 15 students scholarships to study at a top university in India starting in July. They will pursue studies in various mining-related disciplines, including Electronics and Instrumentation, Electrical and Electronics, Mechanical Engineering, Electrical Engineering and Metallurgy at the Vellore Institute of Technology (VIT). The students were initially...
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