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VEDL - Vedanta News Story

₹137.05 5.3  4.0%

Last Trade - 11:26am

Sector
Basic Materials
Size
Large Cap
Market Cap £5.21bn
Enterprise Value £9.21bn
Revenue £9.02bn
Position in Universe 55th / 3011

Zambia says Konkola mines case a "warning" to foreign investors

Thu 30th May, 2019 4:33pm
LUSAKA, May 30 (Reuters) - Zambia says its decision to
punish miner Vedanta's local operation for breaching
environmental and financial regulations is a signal to other
firms to follow the law, mines minister Richard Musukwa said on
Thursday.
    Vedanta  VDAN.NS  is fighting Zambia's decision this month
to name a provisional liquidator to run Vedanta Resources'
90,000 tonnes Konkola Copper Mines business. urn:newsml:reuters.com:*:nL5N2301RK 

 (Reporting by Chris Mfula 
Writing by Mfuneko Toyana
Editing by Alexandra Hudson)
 ((mfuneko.toyana@thomsonreuters.com; +27117753153; Reuters
Messaging: mfuneko.toyana.thomsonreuters.com@reuters.net))
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