ZCCM-IH has entered into a transaction with First Quantum Minerals (FQM) to convert its dividend rights and economic value in its 20 percent equity in Kansanshi Mining Plc into a life of mine royalty. According to the transaction details, ZCCM-IH has agreed to enter into an agreement and drop criminal charges against Kansanshi Copper Mine directors, as part of the conditions precedent for FQM to declare a dividend in the sum of the amount that the government had been claiming from the mining giant. On 23 October 2019, ZCCM-IH reported a suspicious transaction entered into between Kansanshi Mining Plc and First Quantum Minerals Finance Limited to the Zambia Police Service. ZCCM-IH requested the Police to investigate and prosecute Kansanshi Mine...

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