• Government must not to allow Vedanta to invest in KCM once more.
• It will be retrogressive if Vedanta is taken back into KCM.
• Government must look for resources to run the mine.

A Mine Expert has called on Government not to allow Vedanta Resources Limited to invest in Konkola Copper Mine (KCM) once more due to its failure to run the firm.
Speaking in an interview with Money FM News, Edward Simukonda stated that if Government allows Vedanta to come back into KCM, the country will not develop.
Mr. Simukonda said the company was given a chance once and it failed, therefore it must not be given another chance, adding that it will be retrogressive if Vedanta is taken back into KCM.
“It will be retrogressive if KCM is given back to Vedanta Resources Limited because it will mean the money that will be generated from the mine will be going outside the country, making it lose out from the much need resources,” Mr. Simukonda said
On Wednesday, Vedanta Resources Limited said it is keen to open a dialogue with ZCCM-IH and stressed the company’s commitment to invest $1.5 billion into the operations, communities, and local economies around Konkola Copper Mine (KCM).
In a statement to the media, Vedanta Group Chief Executive Officer Sunil Duggal said the investment of USD1.5billion in the operations at KCM will include USD200million to pay the local suppliers of the mine.
He added that this will aid in rejuvenating the country’s economy and will place Zambia firmly on the map as one of the world’s leading suppliers of copper, a critical mineral for the green economy of the future of our planet.
But when contacted for a comment, ZCCM-IH Public Relations Manager Loisa Kakoma said the company is not aware of the development as they have not yet been communicated to.
In May 2019, the previous Government placed KCM under liquidation sparking a legal dispute with Vedanta and later took over from the company.