MINES and Minerals Development Minister Paul Kabuswe says as Vedanta resumes running KCM, it will only begin to make profit after four years because of the current state of the mine. Speaking when he featured on ZNBC’s Sunday interview programme, Kabuswe said before engaging in negotiations with Vedanta, government did a report that showed that the entity would only become cash-positive after three or four years. “There is a report which we did ourselves before which was done at KCM before the Vedanta/KCM negotiations began. And in that report, it clearly states that because of the state of the asset, it will not be less than three or four years before we begin to see it being cash positive. I...

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