By SIMON MUNTEMBAKONKOLA Copper Mines Plc (KCM) remains under the management and control of the provisional liquidator, pursuant to the Court Order dated 21st May 2019, Corporate Affairs Manager, Shapi Shachinda has said.Mr Shachinda said in a statement yesterday that contrary to reports that Vedanta Resources Holdings had regained management control of the mine, it remained under the management and control of the provisional liquidator.He urged members of the public to ignore the misinformation aimed at misleading the nation.“We note a Vedanta Resources Holdings (“Vedanta”) statement dated 7th December 2021 which seeks to give the impression that they have regained management control of the KCM asset.“Members of the public are advised to disregard this deliberate attempt to mislead the nation. Vedanta remains uninvolved in the running of operations at KCM,” he said.Mr Shachinda appealed to all KCM employees, labour unions representing KCM employees, KCM creditors, contractors and suppliers as well as the company’s business partners […]
KCM remains under provisional liquidator
