NOW that the Zambian government has finally signed the shareholders agreement and implementation agreement for the return of Konkola Copper Mines into the hands of Vedanta Resources, the public is eager to see the next step. Of course the manner in which the deal has been done leaves so much to be desired, and we will dedicate time to expose the contentious clauses in due course. But it is only fair to say that the government takeover of this mine left a lot of problems in the first place, and it has been a ticking time bomb. KCM is in a delicate situation, and this is something that has not fully come out to the public. Last week, sources revealed...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe