BLOOMBERG has reported that Zambia has agreed to end legal action against billionaire Anil Agarwal’s Vedanta Resources Ltd. as President Hakainde Hichilema seeks to revive mining output in the country. According to Bloomberg, President Hichilema told reporters at the Investing in African Mining Indaba conference in Cape Town on Monday that Vedanta and “ourselves” agreed to suspend litigation as a partial way of resolving the matter. “Zambia has agreed to end legal action against billionaire Anil Agarwal’s Vedanta Resources Ltd. as President Hakainde Hichilema seeks to revive mining output in the southern African country. Any solution at KCM has to include Vedanta, which remains a co-shareholder in the operation with the government, Hichilema told reporters at the Investing in African…...

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