Zambia has no plans to seize First Quantum’s assets
This is despite the government’s move to wrest control of a rival miner, government and industry sources say
11 June 2019 - 11:33
Lusaka/London/Toronto — Zambia has no plans to seize the assets of Quantum Minerals, and the copper producer intends to stay in the country despite the government’s move to wrest control of a rival miner, government and industry sources say.
Canadian-listed First Quantum has looked on nervously as the Zambian government appointed a provisional liquidator to run Vedanta’s Konkola Copper Mines (KCM), claiming KCM has breached the terms of its licence...
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