Zambia's President Resolved to 'Evict' Copper Miner

From bnnbloomberg.ca

Zambia will press ahead with the legal process to liquidate Vedanta Resources Ltd.’s local copper unit, President Edgar Lungu said, as a ruling about the matter was postponed to June 11. “We are resolved, we are determined to proceed with the liquidation process,” Lungu said Tuesday in comments broadcast online. “We are going to make sure Vedanta goes and a new investor comes in.” State-owned ZCCM Investments Holdings Plc won a provisional order to wind up Vedanta’s Konkola Copper Mines on May 21, three days after Lungu threatened the company with “divorce” for lying about expansion plans and cheating ... (full story)