Zambia Consolidated Copper Mines Ltd.

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Zambia Consolidated Copper Mines Ltd.

organization, Zambia

Also known as: ZCCM

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economic development efforts

In Zambia: Economy
…were merged into the giant Zambia Consolidated Copper Mines Ltd.
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history of Copperbelt

In Copperbelt
…run by a parastatal organization, Zambian Consolidated Copper Mines. By the mid-1970s the price of copper on the world market had steeply dropped, resulting in a damaging economic decline. In the 1990s the mining industry began to be privatized, and most of the copper mines were sold.
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