(Reuters) - Zambia has agreed with Vedanta Resources Limited to pause hearings on their dispute over Konkola Copper Mines for six months and seek an "amicable settlement", state mining investment firm ZCCM-IH said on Tuesday.
Zambia in May 2019 handed control of KCM to a state-appointed provisional liquidator, triggering a protracted legal battle with owner Vedanta. Zambia's mines minister said in July that he had told ZCCM-IH to seek an out-of-court settlement.
(Reporting by Bhargav Acharya and Helen Reid; Editing by Alex Richardson)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 2,360 USD | -0.01% | +2.88% | - | ||
| 28.14 USD | 0.00% | +6.37% | - | ||
| 1,393 PTS | +1.67% | +3.62% | - | ||
