VEDANTA Resources Limited says it has now assumed full control of KCM as the major shareholder and will announce the mine’s board early next week. Vedanta says it has also initiated the process of transferring funds to KCM accounts to pay creditors, who should begin receiving their money next week. On Thursday, the Lusaka High Court removed Konkola Copper Mines (KCM) from provisional liquidation and terminated the winding-up proceedings commenced by ZCCM-IH. High Court Judge Charles Kafunda also discharged Celine Nair from her position as KCM Provisional Liquidator. In a statement, Friday, Vedanta Chief Operating Officer Malcolm Mewett said following the end of the liquidation process, KCM will return to its original status as a going concern. “Dear Colleagues, I...