Company Overview

Konkola Copper Mines Plc (KCM) is one of the leading integrated copper producers in Africa, and aims to become a major global copper producer.

KCM is primarily engaged in the exploration for, mining, production and sale of copper and copper by-products. KCM is a subsidiary of Vedanta Resources Plc, a London Stock Exchange listed and one of the world’s largest diversified natural resources companies with interests in zinc, lead, silver, copper, aluminium, iron ore, power and oil and gas. Vedanta Resources has operations located in geographies spanning India, Australia, Zambia, South Africa, Liberia, Sri Lanka, Namibia and Ireland.

Our mining operations in Zambia are located in the Copperbelt and Central Provinces, and include open pit mines, underground mines, several concentrators, a leaching plant, a state-of-the-art flash smelter, a modernized refinery and a sulphuric acid plant. We recently sank Zambia’s first post-independence era mining shaft as part of the Konkola Deep Mining Project (KDMP). This 1,500 metre shaft has ensured KCM’s longevity, by allowing for the access of the deep Konkola ore body and extending the mine life by over 25 years.

KCM is currently one of the largest private sector employers with over 16,000 employees.

The state-owned mining company Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) is the other shareholder in KCM, controlling a 20.6% stake in the company. KCM enjoys a strong relationship with the Zambian government and is a committed partner in improving the economic prospects of the country through our operations and other activities.

Sustainability

The company operates two hospitals and eight satellite clinics. KCM also runs two schools, which it has expanded from primary level to full secondary level, providing education to over 2,000 pupils. KCM has one of the largest malaria roll-back programmes in Zambia. The company has rolled-out several community health initiatives that include the  distribution of 23,000 free eye glasses, the fitting of artificial limbs and undertaking eye cataract operations. KCM is also involved in the sponsorship of four football teams in the top-tier Zambian soccer league. KCM is committed to the development of the local communities through investments in health, education, sport development and income-generating projects and operates the biggest sustainable livelihoods programmes in the industry, through which it empowers communities with livestock to minimize dependence on mining activities. The company has also contributed to various infrastructure development initiatives including the development of road infrastructure and drilling of boreholes for local communities. 

Vision & Values

Our Vision

To be a world-class copper mining and metals company, leveraging mineral and human resources to enhance stakeholder value underpinned by strong sustainable development practices, and become the pride of Zambia.

Our Values

All business and operation at KCM are guided by five values:

•Entrepreneurship

•Growth

•Excellence

•Trust

•Sustainability

Entrepreneurship

We foster an entrepreneurial spirit throughout our business and value the ability to foresee business opportunities early in the cycle and act on them swiftly. Our ability to translate an idea into reality within remarkably short timeframes is critical to our rapid growth and diversity.

At KCM, our people are our most important asset. We actively encourage them to seek new opportunities and support them in pursuing their professional goals.

Growth

Our primary focus has always been on delivering value of the highest standard to our shareholders and we are confident that we will continue to do so in the future.

We clearly recognise the benefits that our growth brings to our key stakeholders and the communities in which we operate.

Excellence

Achieving excellence in all that we do is an integral part of the KCM way of life. We are constantly focused on achieving and improving on our costs and standards of production in each of our businesses through a culture of best practice benchmarking. We are also keenly focused on achieving excellence in health, safety and environmental standards and practices.

Trust

The trust that our stakeholders place in us is key to our success. The strict implementation of our Code of Conduct and corporate best practices allow us to earn this trust. By consistently exceeding expectations and working towards bettering our products and services, we continue to retain the faith of our stakeholders and cultivate new partnerships.

We actively foster a culture of mutual trust in our interactions with all of our stakeholders and encourage an open dialogue which ensures mutual understanding and respect.

Sustainability

Sustainability is a term that is deeply embedded in our core work ethic. For KCM, Sustainability goes far beyond the framework of governance structures and policies.

Our sustainability philosophy is centred on contributing towards the social and economic welfare of the communities where we work and to protect and minimise the damage to the environment. We are fully aware of the need to include local communities in our development strategy and remain accountable for the impact that we make. For this reason, KCM aims to create sustainable livelihood opportunities and be actively involved in improving the quality of life for society by contributing to the basics needs of those in the community