Vedanta Resources and the Zambian government on Monday sealed an agreement that restores the Indian company's ownership of Konkola Copper Mines. The agreement will pave the way for the re-appointment of the KCM board and withdrawal of all legal challenges that are in court.
2023-09-06
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Anil Agarwal’s Vedanta to regain control of Zambian copper mines after dispute with ZCCM Investments | Mint
Anil Agarwal’s Vedanta to regain control of Zambian copper mines after dispute with ZCCM Investments. The Zambian Konkola Copper Mines (KCM) were placed under provisional liquidation in 2019 by the former Zambian President Edgar Lungu's administration.
2023-09-06
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Anil Agarwal’s Vedanta to regain control of Zambian copper mines after dispute with ZCCM Investments | Mint
Anil Agarwal's Vedanta Resources Ltd. and Zambian government-owned ZCCM Investments Holdings Plc have resolved their disputes over a Zambian copper mining complex. The Zambian Konkola Copper Mines (KCM) were placed under provisional liquidation in 2019 by the former Zambian President Edgar Lungu's administration.
2023-09-05
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Zambia agrees to hand disputed copper assets back to...
Zambia agrees to return control of Konkola Copper Mines to Vedanta Resources. Vedanta renewed a pledge to invest more than $1.2 billion to increase output and repay outstanding debts. Ties between Zambia and Vedanta soured after former President Edgar Lungu's government orchestrated the seizure of the KCM assets.
2023-03-05
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Kohle Capital Markets Onboards Two Executives in Australia Office
Kohle Capital Markets (KCM), a forex and contracts for differences (CFDs broker, has strengthened its team in the Australia office.
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