KCM pays 180,000 pounds, agrees to stagger payment of remainder of debt owed to ZCCM IH

Konkola Copper Mines last week paid 180,000 British Pounds to ZCCM-IH under a settlement agreement ordered by the London High Court. ZCCM-IH successfully applied for default judgment against KCM, a subsidiary of Vedanta Resources and was ordered to pay ZCCM-IH US$103 million in outstanding sums owed to ZCCMIH by 13 January 2017. KCM was further […]