Mopani Copper Mines Plc (Mopani) is a joint venture company
based in Kitwe as 95% of its operations is located there, comprising Glencore
International AG (73.1%), First Quantum Minerals Ltd. (16.9%) and Zambian
Consolidated Copper Mines Limited (10%). Mopani operates the Mufulira mine,
smelter, concentrator and copper refinery and the Nkana mine, concentrator and
cobalt plant. MCM produced 134,800 tons of copper and 2,040 tons of cobalt in
2003. MCM is investing in a number of oxide copper projects at several of its
properties, including an in-situ leaching project at Mufulira and heap leaching
