CNMC Luanshya Copper Mines Plc

Nonferrous metal mining resources & development related trade and service

. Product/Service Copper cathodes and concentrates
. Shareholding ZCCM-IH: 20%, CNMC: 80%
. Sector Mining
. Location Luanshya, Copperbelt
. Website
. Social Links .

Company Profile

CNMC acquired an 85% stake in Luanshya Copper Mines (“LCM”) in 2009 for US$ 50 million from Enya Holdings BV (“Enya”) following the suspension of operations at Baluba Centre Mine in the advent of the Global Financial Crisis. Immediately post-acquisition, CNMC changed the name of the mine to CNMC Luanshya Copper Mines (“CNMC-LCM”), and it initially held an 85% shareholding stake in CNMC-LCM, and later transferred a 5% stake to ZCCM-IH to achieve a 80 %: 20% shareholding structure per the terms of the acquisition. Therefore, ZCCM-IH currently holds a 20% stake whilst CNMC holds an 80% stake.

Contact Information

Registered Office

Room 1201, Allied Kajima Building
138 Gloucester Road, Wanchai, Hong Kong
Phone: 8610-84426886

Principal Place of Business in Zambia

32 Enos Chomba Road
Kitwe, Zambia

Key Company Highlights

CLM operates the Baluba Mine and Muliashi Project. The Baluba Mine produces copper concentrate, whilst the Muliashi Project is an integrated mining and leaching project comprising the Muliashi North Mine and the Muliashi Leach Plant.

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