Sat, 25 Mar 2017 09:32:19 +0000 VENDANTA Resources Plc has made an additional investment of US$1 billion aimed at expanding production and creating up to 7 000 jobs at Konkola Copper Mines (KCM). Special assistant to the President for press and public relations, Amos Chanda, disclosed the development to Journalists at State House yesterday shortly after President Edgar Lungu’s closed door meeting with Vendanta Resources Plc Chairman Anil Agarwal. Mr Chanda said the investment would raise the production of copper at KCM and also create 7000 jobs for the local people living around the area. “The President had a productive meeting with Vendanta who are the owners of KCM and the Chairman announced the additional investment to KCM of 1 billion US dollars beginning now and going forward. “The Chairman also said that the investment will raise production at KCM and create about 7000 jobs as a result of this investment which is concentrated around […]
