Zambia: KCM Will Pay Back, Says Government

GOVERNMENT will recover any losses incurred during the sale of Konkola Copper Mine (KCM) to Vedanta Resources in 2004, Mines Energy and Water Development Minister Christopher Yaluma has said.

KCM was sold to Vedanta Resources in 2004 at a cost of US$25million from a sale price of US$400 million.

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