KONKOLA Copper Mines Plc ceased to be a member of the Zambia Chamber of Mines because the mining company stopped paying the required subscription fees, says Chamber president Goodwell Mateyo. And Mateyo has expressed confidence that the rise in copper prices could spur investment in the Zambian mining industry. When asked whether the creation of KCM subsidiaries by Provisional Liquidator Milingo Lungu was a better business model to suit Zambia’s harsh economic climate, Mateyo declined to comment on the unprecedented development but revealed that KCM was no longer its member because it failed to pay up the required subscription fees. On Monday, KCM acting chief executive officer Enock Mponda announced that the struggling mining giant was to be reorganised and…...

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