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ZCI Zambia Copper

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Share Name Share Symbol Market Type Share ISIN Share Description
Zambia Copper LSE:ZCI London Ordinary Share BMG988431240 BD$0.24
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Further re Press Release

23/08/2004 5:47pm

UK Regulatory


    Zambia Copper Investments Limited
(Registered in Bermuda)
ISIN: BMG988431240
("ZCI")

VEDANTA BECOMES A STRATEGIC EQUITY PARTNER IN KCM

The Board of Zambia Copper Investments Limited (ZCI) is pleased to announce
that terms have been reached for the introduction of Vedanta Resources plc
(Vedanta) as a strategic equity partner for Konkola Copper Mines plc (KCM).

Under the terms of the agreement Vedanta will subscribe for new KCM shares and
obtain a 51% interest in KCM.  In return, Vedanta will:

-    inject the subscription price of US$25 million as equity into KCM,
-    pay ZCI US$23.2 million as deferred consideration payable over 4 

1 Year Zambia Copper Chart

1 Year Zambia Copper Chart

1 Month Zambia Copper Chart

1 Month Zambia Copper Chart