By NATION REPORTER VEDANTA Resources Limited has failed to resuscitate the Konkola Copper Mines (KCM) and Government should find another investor to run the company optimally, Solomon Ngoma, the Acton Institute for Policy Analysis Centre executive director has said. “It is clear that Vedanta Resources Ltd has lamentably failed to resuscitate KCM Plc and fuifil their investment commitments made prior to them taking over the operations of the mine,” Mr Ngoma said. He reminded Vedanta Resources over the promises they made before taking over KCM, among them injecting over US$1 billion into the mine’s development. “We believe that if this amount was pumped into the operations of KCM, by now the mining giant would have CLICK HERE TO READ MORE
Vedanta wasting Zambians’ time – Ngoma
