South African court rules in favour of Vedanta in dispute with Zambian State

Mumbai-listed diversified miner Vedanta Resources on Friday provided an update in its pursuit of international arbitration, amid a court matter between the miner and State-owned Zambian miner ZCCM, in Zambia, related to their jointly owned Konkola Copper Mines.

Justice LR Adams of the High Court in Gauteng, South Africa, on Friday denied ZCCM leave to appeal his July 23 judgment dismissing the application with costs.