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    copper investing

    Vedanta`s Konkola Halts Production

    Investing News Network
    Jan. 10, 2013 10:53AM PST
    Base Metals Investing

    Bloomberg reported that Vedanta Resources Plc`s Zambian unit, Konkola Copper Mines has halted production.

    Bloomberg reported that Vedanta Resources Plc`s Zambian unit, Konkola Copper Mines has halted production.

    As quoted in the market report:

    The contract with Brazilian-owned U&M Mining Services expired Dec. 31, the Zambian company said in an e-mailed statement today. The Nchanga mine, which includes the halted Chingola F&D open pit, produces an average 5,400 tonnes per month of copper in concentrate, according to the company.

    To view the whole Bloomberg report, click here.

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