ZCCM

MLZAM - ZM0000000037 SRD PEA PEA-PME
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2 milliards sinon rien !

12/02/2019 par Ancien313933 1
FQM’S OFFER A MOCKERY
Robert
February 12, 2019

A Mining expert in Kitwe on the Copperbelt has described as a mockery the 7-hundred million United States dollars offer by First Quantum Minerals- FQM to buy 20 percent shares held by the ZCCM-IH in Kansanshi mine.

Copperbelt University Associate Professor in the School of Mines Peter Chileshe says Government should critically analyze the offer by FQM.

And Professor Chileshe says the 20 percent shares is equivalent to 2 billion US dollars and not 7-hundred Million dollars.

He said this in an interview with ZNBC news in Kitwe.

Professor Chileshe said FQM should engage government and reverse its offer because the mining firm’s Gold production levels are still high.

Meanwhile, Mine Suppliers and Contractors Association of Zambia president Augustine Mubanga has wondered why the mining firm has come out in the open and expressed interest in buying the 20 percent shares from ZCCM-IH.

Mr. Mubanga told ZNBC news in a separate interview that FQM has in the recent past complained of having challenges with production levels at the mining firm.

Mr. Mubanga has advised Government not to sale the shares it owns in Kansanshi mine.
28/08/2019 par w@z@06 0
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