On July 1, Zambia time, good news came from the production system of NFC Africa Mining PLC, the southeast ore body completed the task of meeting the production and standard issued by China Nonferrous Metal Mining (Group) Co., Ltd., the production of the main and west ore bodies was stable, the recovery rate of the quarry, depletion rate and other indicators reached the world class, the Company completed the task for the first half of the year, with the best operating results in the history of the same period, and the objectives for the "14th Five-Year" were initially achieved.
On the afternoon of June 30, 2021, China Nonferrous Mining Corporation Limited (CNMCL) held its annual general meeting in the form combining on-site meeting and network broadcast at the CNMC Building in Beijing. Zhang Jinjun, Chairman of the Board of Directors and President of CNMCL, chaired the shareholders' meeting on behalf of the Company and interacted with the representatives of shareholders who attended the meeting together with the Company's Board of Directors and management.
On the afternoon of May 31, local time in DRC, Luaraba Copper Smelter S.A.S, a subsidiary of CNMC, signed a 10-year contract with Kamoa Copper S.A. for consigned processing of copper concentrates from Kamoa-Kakula. The contract was signed by Yang Wei, General Manager of Luaraba Copper Smelter S.A.S, and Mark Farren, Chief Executive Officer of Kamoa Copper S.A., on behalf of both parties.
On April 26th, the Times of Zambia, the most influential mainstream media in Zambia, told the story of NFC Africa Mining PLC ("NFCA" for short) in the headline of "Zambia-China Forum" - "COVID won't stop NFCA operations - The mining firm also vows not to retrench any of its 5,300 workers!" while in the feature page of finance and taxation on the same issue, the news that NFCA has paid a total of USD 200 million in taxes to the government since its establishment, and actively supported Zambia's economic development by practicing the concept of "China-Zambia cooperation and common development" was published.
