Rhodesdale Holdings Ltd. reposted this
VEDANTA ENGAGES STAKEHOLDERS FOR KCM TRANSITION UPDATES IN KITWE Vedanta Resources, a global mining firm, recently convened a significant engagement session with key stakeholders in Kitwe, Zambia. Led by Malcolm Mewett, the KCM Designate Chief Operating Officer, and Dr. Moses Banda, the Country Director for Vedanta Resources, the meeting aimed to update leaders from Mine Workers Unions and the Zambia Mine Suppliers Association on the ongoing transition process concerning Konkola Copper Mines plc (KCM). The discussions centered on various aspects, including updates on the creditors’ scheme of arrangement, progress on capital raising efforts, and the crucial issue of bridge financing.…READ MORE HERE https://lnkd.in/g-h4C-nQ