ZCCM-IH has announced that EMR Capital has sold its 80 percent stake in Lubambe Copper Mines Limited to JCHX Mining Management Company Limited (JCHX). ZCCM-IH Company Secretary Charles Mjumphi says JCHX has acquired the stake through its wholly owned overseas subsidiary, Sundimo Mining Investments Limited. In a statement, Wednesday, Mjumphi disclosed that JCHX, through Sundimo, intends to invest US$300 million into Lubambe for operations and extension of the life of mine. “The Board of ZCCM Investments Holdings Plc (ZCCM-IH or the Company) wishes to inform its shareholders and the public that EMR Capital has sold its 80 percent shareholding in Lubambe Copper Mines Limited (Lubambe) to JCHX Mining Management Company Limited (JCHX) who has acquired this stake through its wholly...

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