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Zambia govt to meet mining firms over looming job cuts -minister

Published 2015-09-26, 05:18 a/m
© Reuters. Zambia govt to meet mining firms over looming job cuts -minister
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LUSAKA, Sept 26 (Reuters) - Zambian government officials
will meet mining companies next week to discuss problems facing
the industry and ways to minimise job losses sweeping the
sector, labour minister Fackson Shamenda said on Saturday.
The job cuts hitting Africa's second-biggest copper
producing nation could get worse as companies scale down
operations due to electricity shortages and higher production
costs, the Zambia Chamber of Mines said on Wednesday.

"We are going meet with CEOs of mining firms to look at
their problems in order to reduce the number of people who are
going to be declared redundant," Shamenda said.
Zambian power companies and mining firms agreed in August to
cut power supply to the mines by 30 percent due to a power
deficit that has risen to 985 megawatts (MW) in September from
560 MW in March.
Commodities giant Glencore 's GLEN.L Zambian unit, Mopani
Copper Mines (MCM), has already indicated it plans to lay off
more than 3,800 workers due to lower metal prices and high
production costs.
Shamenda said the government had asked Mopani Copper Mines
to conclude negotiations with its labour unions before serving
his ministry with the notice on job cuts.
Earlier in September, China's CNMC Luanshya Copper Mines put
1,600 staff at its Baluba operation on forced leave and Konkola
Copper Mines (KCM), owned by Vedanta Resources Plc VED.L did
the same with 133 employees. ID:nL5N11K0IA
Shamenda did not say exactly when the meeting would take
place next week.

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