Base Metals

Vedanta rejects reports of KCM “sabotage”, seeks urgent meeting with liquidator

0
VEDANTA distanced itself from allegations published in local Zambian media that it was involved in the sabotage of facilities owned by its Konkola Copper...

Zambia mines minister Richard Musukwa hits out at Vedanta for failing...

0
THE Zambian government had applied for the provisional liquidation of Konkola Copper Mines (KCM) because it was late in implementing its plans, had failed...

KCM to restart operations at Nchanga smelter as court date with...

0
KONKOLA Copper Mines (KCM), owned by Vedanta Resources, plans to restart its Nchanga smelter on June 22, said Reuters, citing the company. KCM said the...

Zambia not turning sights on First Quantum Minerals amid KCM fallout

0
THE Zambian government would not seize the assets of First Quantum Minerals, a Toronto-listed firm that has been operating in the southern Africa country...

Gecamines rejects criticism about destiny of tax payments, citing company overhaul

0
GECAMINES, the Democratic Republic of Congo's (DRC's) state-owned base metals company, rejected criticism it ought to pay tax advances to the country's tax authorities,...

Zambia High Court reserves judgement on KCM matter until June 11

0
THE Zambia High Court (Lusaka) reserved judgement to June 11 on whether to join Vedanta to winding-up proceedings of Konkola Copper Mines (KCM). The...

Vedanta’s Venkat “hoping and praying” KCM dispute isn’t a repeat of...

0
SRINIVASAN Venkatakrishnan, CEO of Vedanta Resources, said he was "hoping and praying" that justice would prevail in Zambia where the company is fighting an...

Zambia mines minister lifts veil on alleged abuses committed by Vedanta’s...

0
THE Zambian government had applied to liquidate Konkola Copper Mines (KCM) because of the firm's alleged environmental and financial regulation breaches. This is the view...

Amplats reinstates Mototolo employees as strike end puts focus on production

0
ANGLO American Platinum (Amplats) said it was focusing its efforts on returning its Mototolo mine to full production as quickly as it was "practical...

Vedanta chairman takes to mass media as firm waits on Lusaka...

0
VEDANTA took the unusual step of countering Zambian president Edgar Lungu's populist statements earlier this month saying in an advertisement published in newspapers that the...