KCM’s Vedanta Resources plans to borrow $1 billion to refinance its debt

Vedanta Resources Plc says its copper division saw total mined metal production of 21 000 tonnes in 2016 which was 33% lower year-on-year. It attributed the reduction to lower production from its Nchanga underground mine in Chingola, which was placed on managed care and maintenance. KCM had contributed 4 000 tons of copper last year. At the tailings leach plant, production […]