Zambian court appoints provisional liquidator of Vedanta’s KCM

Zambia’s High Court on Tuesday appointed a legal firm as a provisional liquidator of Vedanta-controlled Konkola Copper Mines (KCM), according to a court document seen by Reuters. The document named Zambian law firm Lungu Simwanza & Company to oversee KCM a day after the president said Zambia planned to strip the company of its mining licence and bring in a new investor.