KCM Provisional Liquidator Celine Nair says the mining giant’s financial advisor, Rand Merchant Bank (RMB), has began the process of collecting information and data which will enable it to commence valuation of the asset. In a statement, Tuesday, Nair said RMB was also setting up a data room to assist in dealing with queries from potential providers of long term financing. “Further to the announcement of 28th September 2022, in relation to the appointment of Rand Merchant Bank (RMB) as financial advisor to Konkola Copper Mines plc (KCM), the Company is pleased to inform stakeholders that RMB has commenced preliminary works at KCM leading to the search for a provider of long-term finance. RMB has been appointed through the Government’s…...

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