Abu Dhabi’s IRH is new Mopani Copper Mines equity partner

Wilson Mulinda

ZNBC News

ZCCM-IH has selected international Resources holding limited -IRH,- an affiliate company of the Abu Dhabi conglomerate international holding company as the strategic equity parZCCM-IH has selected international Resources holding limited -IRH,- an affiliate company of the Abu Dhabi conglomerate international holding company as the strategic equity partner for Mopani Copper Mine.

Mines and Minerals Development Minister PAUL KABUSWE says the company will inject funds into Mopani to stabilize short term working capital requirements, completion of mine development projects and unlock long term potential of the mine.

Speaking during a media briefing, Mr. KABUSWE said the capital investment combined with the industry experience of the IRH and MCM management will enable the mine to achieve long term potential.

Mr. KABUSWE said Government is committed to ensuring that Mopani Copper Mine delivers its optimal production levels.

 

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