Vedanta offers Zambia investment commitments if handed back KCM
Mining News Pro - Vedanta Resources has offered to step up investment in Zambia’s Konkola Copper Mines (KCM) and implement several social responsibility programmes if it resumes control of the local firm, a company letter sent to the government showed.
-
-
Visit: 495
In blow to Vedanta, Zambian court rules KCM liquidator to stay in post
Mining News Pro - A Zambian court has ruled the State-appointed liquidator of Vedanta`s Konkola Copper Mines will not be discharged despite a November ruling ordering a halt to proceedings to allow Vedanta and minority KCM shareholder ZCCM-IH to pursue arbitration.
-
-
Visit: 625
Vedanta’s KCM warns part of Nchanga mine about to collapse
Mining News Pro - Zambia’s Konkola Copper Mines (KCM), a unit of diversified miner Vedanta Resources, has closed part of its open-pit mine as a portion of the pit is about to collapse, the chief executive officer said late on Thursday.
-
-
Visit: 719
Vedanta fails to stop KCM liquidation in meeting with Zambia’s president
Mining News Pro - Zambia’s President Edgar Lungu met with the chairman of Vedanta Resources to discuss the disputed liquidation of its Konkola CopperMines, a statement issued by the Zambian State House said on Wednesday.
-
-
Visit: 1184