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Glencore Announces Zambia, DRC Pull Out
The turmoil in the mining sector is not slowing down with Glencore announcing that it will suspend production in mining activities in Zambia and the Democratic Republic of Congo for 18 months.
Glencore accounts for 26% of Copper production in the country at its Mopani plant with the announcement signalling further job losses.
There is already trouble following the China Non Ferrous Mining Corporation putting its Baluba Mine on care and maintenance shutting out more than 1, 600 miners out of employment.
Konkola Copper Mines has also been flirting with similar machinations with jobs on the line after 133 miners were recently sent packing amidst the brewing chaos in the mining sector.
The mines have been hit hard recently with looming 30% power slow down supply following the shortage of power.
Posted by Editor
on September 8, 2015. Filed under LATEST NEWS.
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J. CHiiiKALI!
September 8, 2015 at 10:48 am
elo lwanya, Bread 8 kwacha ne nchito elyo yapwa, ala katwishi eko tuleya mwa Lungu!!!
SIPOPA II
September 8, 2015 at 10:53 am
Muscle flexing..Elephants sizing each others.. children sitting idly not knowing what’s ahead of them.
Pwanya Nini
September 8, 2015 at 10:55 am
Ni boza iyo.I f^ck one bossy lady @ Mopani and her job is intact ….Do you know what its atkes to shut down then you come back to re-open??
Judge Joe Bidden
September 8, 2015 at 11:41 am
Its official Mine’s Baluba Underground operation has been closed. More are closing, fncking ‘one lady miner’ wont save the 1600 jobs on the line… soon she will be a jobless harlot.
Judge Joe Bidden
September 8, 2015 at 11:37 am
Let those miners continue singing Ifintu Ni Lungu!… we are tired of talking. When you have a leader without a vision these are the inevitable. Just fasten your belts, worse is still coming. Do you see worry in Edgar’s body language or speech? Nope! He smiles for the cameras like all is so well in Zambia (of course him is fine, being fed and flown around)
MUSOLE
September 8, 2015 at 7:24 pm
true let the PF cadres continue commenting ifintu ni lungu, when everthing is rotting.
AMASHOKO KOPALA
September 8, 2015 at 1:55 pm
insala ni lungu ba zed full stop……
Puungwa
September 8, 2015 at 2:18 pm
Zambia is going to pay hard currency for voting lungu against dotty scots advice,the capitalist world will squeeze zambias balls very hard.
Kwati like so
September 8, 2015 at 2:40 pm
Have preached about incompetence in the pf. Blind followerz notusungu defending pf . We understand wats happening around the world but ours is failure for zedians to put rite pipo. Wake up y’all !
Judge Joe Bidden
September 8, 2015 at 5:35 pm
Point.
kakolwe
September 8, 2015 at 7:54 pm
Iyo mune, leak tulande utusungu. If we blind followers are speaking utusungu and stating why we believe in PF, stop showing us your perceived incompetence and sells us that which your perceived ‘right people’ have and can do to bring about what they dream of.
To say Lungu drinks Jamasoni, so Hakainde will bring doola down! That is as preposterous as it is childish. (utusungu uto yewe)
kasantana
September 8, 2015 at 3:35 pm
Zoona,ati ifintu ni Lungu .This is the worst government ever !!
Timbwi
September 8, 2015 at 3:57 pm
kOLOPA!AMAMINE! KOLOPA!Ifintu ni Lungu.
mabisi party
September 8, 2015 at 4:47 pm
No matter what happens hh is not the alternative come rain or no rain. HH is a tribalist leading a tribal club – PERIOD.
mabisi party
September 8, 2015 at 4:51 pm
In upnd tribalism is a normal . They think the same and act they same.
kayula
September 8, 2015 at 4:55 pm
when are we going to think of managing our mines. we are tired of Angro American stories
Ashley Madison
September 9, 2015 at 10:06 am
ANGRO
Judge Joe Bidden
September 9, 2015 at 7:48 pm
How can you know who mines your copper if you can’t spell them right
mabisi party
September 8, 2015 at 4:56 pm
The way you hate lungu is the way we hate hh. Since we we are in, majority hh stands to lose again and again until he 85years old. Thats when we shall vote for on sympathy grounds
Hello Haters
September 8, 2015 at 7:55 pm
Come on! Mabisi, what would anyone benefit from hating on chagwa, NOTHING!, we just want him to put in more effort as he tries to be president of Zambia. Ain’t a easy job mate.
Yankee
September 8, 2015 at 5:02 pm
All these troubles will b in past,Guys in energy sector are working around the clock,even the tribal and freemason party will be ashamed.
MUSOLE
September 8, 2015 at 7:28 pm
fili eko toleya bane, your hate will continue bringing pain in Zambia. The man has no vision period. No matter what you can do to grow his vision it seems he cant just pick up even the dead man’s vision is lost.
Kwati like so
September 8, 2015 at 11:57 pm
@ kakolwe sory waz visiting eaglewood resort wit my wife n daughter in Chicago. Utusungu utusungu hahahahahaha kikikikikikikiki,even from afar poverty in Zambia is visible.
kakolwe
September 9, 2015 at 5:35 am
Good for you and madam. Yes poverty is visible even from heaven and hell. That is why some of US are always striving to make a difference in people. The answer to Zambia lies in educating our citizens that solutions are with ourselves and not politicians. HH and Lungu are both chasing for jobs. By the way, can you arrange for me the shipping of some cargo from there? Someone in Anniston, Alabama is selling some merchandise I want but does not ship to Zambia. You may help me as a diasporain. (That is nga teti munsesheshe kaCash kamu visible poverty)!!
wazanga
September 9, 2015 at 2:24 am
Let’s be somber
ex convict
September 9, 2015 at 11:58 am
Things are bad amalaiti yaya bread balunda mine baisala when iam hiv+ ifikali fyeka fyeka awe kufwa fye
sharoon
September 9, 2015 at 12:07 pm
Do die I will marry u munsansa na muma chushi iam hiv+ call 247673 bank manager land line too bad for miners
Dk
September 9, 2015 at 2:38 pm
Things r getting bad in our country now
umuntu mutwe
September 9, 2015 at 5:08 pm
Hi pipo can hear somebody shout Ifintu Ni Lungu