News Muncher - searching for copper

4 months ago

Sino-Metals' jobs, investments create goodwill between China and Zambia

An aerial view of Sino-Metals Leach Zambia. CHINA DAILY Sino-Metals Leach Zambia, or Sino-Metals, a subsidiary of China Nonferrous Metal Mining, or CNMC, is China's first large-scale copper hydrometallurgy enterprise invested overseas. In September 2023, Zambian President Hakainde Hichilema visited CNMC, where he witnessed the signing of the work agreement for the development of the Samba mine project between CNMC …

China Development Mining Company Samba Zambia Tons

6 months, 1 week ago

Vedanta Resources gets control of Zambian copper mine to capitalise on future copper demand for AI and EVs

Hindustan Times

Vedanta Resources is taking back control of Zambia's Konkola copper mine, with plans to ramp up output as the demand for copper is expected to surge in the coming years, Bloomberg reported. Anil Agarwal, founder and chairman of Vedanta Resources What happened to the Konkola copper mine? This comes after a Zambian court sanctioned a plan to settle the $250 …

Read Vedanta Zambia Zambian Copper Vedanta Resources Konkola

1 year, 4 months ago

Vedanta founder Anil Agarwal to regain control of Zambian copper mines

Hindustan Times

Indian billionaire Anil Agarwal’s Vedanta Resources Ltd. and state-owned ZCCM Investments Holdings Plc have resolved their disputes over a Zambian copper mining complex, following a four-year legal battle over its ownership. Former President Edgar Lungu’s administration placed Konkola Copper Mines under provisional liquidation in 2019, after accusing Vedanta of lying about expansion plans and paying too little tax. “Consequently, the …

Vedanta Zambia Zambian Konkola

1 year, 4 months ago

Vedanta’s Anil Agarwal agrees to pay Zambian creditors

Live Mint

Vedanta Resources Ltd. has agreed to pay $250 million owed to its creditors in Zambia after it resumes control of the copper mines that were seized by former President Edgar Lungu's administration in 2019. Vedanta Resources Limited founder Anil Agarwal has vowed to invest $1 billion in Konkola, leading to more than double copper production from the plant. First Quantum …

Mines Zambia Copper Konkola Creditors Vedanta

1 year, 5 months ago

Zambia turns to 3rd goalkeeper ahead of Spain at Women’s World Cup

Associated Press

AUCKLAND, New Zealand — Zambia has only played one Women’s World Cup match and are already down to their third-string goalkeeper. Hazel Nali was ruled out of the Women’s World Cup only days before Zambia’s tournament debut with a torn ACL. She was replaced by relief goalkeeper Catherine Musonda, but the backup picked up her second yellow card — which …

Spain World Keeper Zambia Nali Sakala

1 year, 5 months ago

Troubled Zambia looking to shake up Women’s World Cup in debut

Associated Press

HAMILTON, New Zealand — Zambia’s coach is under investigation for sexual assault, its star player got banned from a key African tournament and at 77th the team is lowest ranked of any at the Women’s World Cup. Zambia soccer association president Andrew Kamanga confirmed in a message to The Associated Press that allegations were referred to FIFA and Zambian police …

World World Cup New Zealand Team Fifa Cup Banda

5 years, 7 months ago

Vedanta Resources to challenge winding up of Zambian business in court

Firstpost

Vedanta Resources on Tuesday plans to challenge the appointment of a provisional liquidator and the intended winding up of its Zambian business without the chance to be heard through lawyers of its choice, documents filed in court show Lusaka: Vedanta Resources on Tuesday plans to challenge the appointment of a provisional liquidator and the intended winding up of its Zambian …

Court Lawyers Provisional Vedanta Zambia Liquidator Zambian

5 years, 7 months ago

Vedanta CEO says will defend its legal rights and oppose appointment of provisional liquidator at Konkola Copper Mines

Firstpost

Vedanta Resources is open to dialogue with the Zambian government but will defend its legal rights and opposes the appointment of a provisional liquidator at its Konkola Copper Mines business, the company’s CEO said on Monday Johannesburg: Vedanta Resources is open to dialogue with the Zambian government but will defend its legal rights and opposes the appointment of a provisional …

Zambia Zambian Vedanta Resources Provisional Liquidator Its Legal Rights Kcm Vedanta Konkola Copper Mines

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