Standoff between Vedanta, Zambia continues over KCM

Diversified miner Vedanta Resources Holdings has advised that it, and its parent company Vedanta Resources Limited, will this year continue to pursue their rights in respect of the Konkola Copper Mines (KCM), in Zambia, in which the company holds a 79.4% interest.

The Zambian High Court in November granted a court order that restricts the sale of the Mimbula mining right by the KCM provincial liquidator. This order remains valid.