Zambia’s Kansanshi Holdings has begun arbitration proceedings against ZCCM Investments Holdings and Kansanshi Mining following a complaint from Zambian State mining company ZCCM-IH, which jointly owns Kansanshi, relating to a money transfer, a statement said on Friday.
Kansanshi is the largest copper producer by output in Zambia and is 20% owned by ZCCM-IH, with the rest owned by First Quantum Minerals.