Zambia’s Konkola liquidator arrested, calls money-laundering charges “baseless”

Mining News Pro - The state-appointed provisional liquidator of Konkola Copper Mines (KCM), Milingo Lungu, has been arrested and charged with laundering more than $2 million, Zambia’s money-laundering authority said on Wednesday.

Zambia mines minister takes aim at Konkola liquidation

Mining News Pro - Zambia’s mines minister on Monday criticised the previous administration’s push to liquidate Vedanta’s Konkola Copper Mines (KCM) unit, which sparked years of wrangling.

Zambia`s CEC to discontinue power supply to Konkola Copper Mines

Mining News Pro - Zambia`s Copperbelt Energy Corp (CEC) will stop supplying power to Vedanta`s local unit Konkola Copper Mines (KCM) from Monday, it said after talks on an extension to their supply agreement broke down over debt owed to CEC.

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