Zambia’s position in the latest Fraser Index has plummeted. The country’s placing in the index, which measures how a country is seen as a mining investment destination, has fallen from 30 to 58 – a very big drop.

Diversified miner Vedanta Resources Holdings has advised that it, and its parent company Vedanta Resources Limited, will this year continue to pursue their rights in respect of the Konkola Copper Mines (KCM), in Zambia, in which the company holds a 79.4% interest.

THE provisional liquidator managing Konkola Copper Mines (KCM) was continuing to seek opportunities to sell the assets, said Vedanta Resources.