Zambia’s ZCCM-IH accuses Abu Dhabi IRH of Mopani breaches

Zambia’s state miner accuses Abu Dhabi investor of breaching deal for one of its key copper assets

Zambia’s state-owned ZCCM Investments Holdings has accused Abu Dhabi-based International Resources Holding (IRH) of breaching agreements tied to its takeover of the Mopani copper mining complex.

GOVERNMENT SHOULD TAKE KEEN INTEREST IN THE BLOOMBERG REPORT ON ZCCM-IH, IRH AND MOPANI- Hon Heartson Mabeta

GOVERNMENT SHOULD TAKE KEEN INTEREST IN THE BLOOMBERG REPORT ON ZCCM-IH, IRH AND MOPANI The recent Bloomberg report concerning the relationship between ZCCM-IH and International Resources Holding (IRH) at Mopani Copper Mines deserves serious and urgent attention from Government. According to reports citing a letter from ZCCM-IH to IRH’s Delta Mining, ZCCM-IH has raised concerns […] The post GOVERNMENT SHOULD TAKE KEEN INTEREST IN THE BLOOMBERG R…

Zambia’s ZCCM-IH accuses Abu Dhabi IRH of Mopani breaches

ZAMBIA’S state investment firm has accused Abu Dhabi-backed International Resources Holding of breaching agreements linked to its control of Mopani Copper Mines, Bloomberg reported. ZCCM Investments Holdings said in a September 18 letter to IRH unit Delta Mining that the company had failed to meet financial and operational commitments at Mopani. Delta owns 51% of […]