Portrait of Kenneth Kaunda

People/politician

Kenneth Kaunda

Kenneth Kaunda (1924–2021), politician, from Zambia. Linked to copper.

Legacy

On 10 August 1969 he announced the nationalisation of Zambia's copper mining firms. The state bought a controlling interest in the two largest concerns, owned by Anglo American and Roan Selection Trust. In 1982 they were merged as ZCCM, with the state holding 60.3 per cent.1,2,3,4

Story cards

Timeline

  1. 1969, completed 1970Zambia takes 51 percent of the copper mines5
  2. 1982Zambia Consolidated Copper Mines formed6
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Where next

Events

LedZambia takes 51 percent of the copper minesHe announced the takeover of Anglo American and Roan copper.1LedZambia Consolidated Copper Mines formedThe state merged the two copper giants as ZCCM.2

Sources

  1. Kaunda announces nationalisation of copper mines South African History Online
  2. Zambia Industrial and Mining Corporation Ltd Encyclopedia.com (reprinting a publisher's reference work)
  3. Wikidata item Q105480
  4. File pages and licence metadata for portraits (via the Commons imageinfo/extmetadata API) Wikimedia Commons
  5. Nationalization and Mining: Lessons from Zambia (abstract) OneMine
  6. About ZCCM-IH (history) ZCCM Investments Holdings

Pictures on this page: Kenneth David Kaunda.jpg, Unknown photographer (Public domain).

From the Prospector Trails mining history dataset: each fact links to the source it was checked against. Figures are as the source gives them, in the money of their day. Not investment advice.

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Cover photos from Wikimedia Commons: Crushers by photosmith2011, Flickr, CC BY-SA 2.0; Ball mills and SAG mills by photosmith2011, Flickr, CC BY-SA 2.0; Malachite on cobaltocalcite, Musonoi by Ji-Elle, CC BY-SA 3.0. Pictures: Kopermijn te Kolwezi in de provincie Shaba (Katanka), Mieremet, Rob / Anefo / Europeana (Public Domain Mark 1.0).