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Tag Archives: Vedanta Resources Plc

KCM fails to meet various operational obligations

The fate of one of Zambia’s leading mining companies, Konkola Copper Mines has continued unfolding with Government revealing various shortcomings on the operations of the copper producer. Recently, the Government announced its intentions to audit the Vedanta Resources Plc owned KCM to establish various developments and commissioned a technical committee …

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KCM Cites reasons for late payment of wages for employees

Konkola Copper Mines, a unit of Vedanta Resources Plc, has cited challenges faced by some commercial banks in Zambia as reason for delays in paying its workers monthly wages, local media reported. The delays are caused  through some banks’ internal arrangements including the inward and outward clearing of cheques are …

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