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Zambia Shutters Seized Copper Mine as Prices Soar Toward Record


Zambia Shutters Seized Copper Mine as Prices Soar Toward Record
Felix Njini and Taonga Clifford Mitimingi, Bloomberg News
BC-Zambia-Shutters-Seized-Copper-Mine-as-Prices-Soar-Toward-Record
, Felix Njini and Taonga Clifford Mitimingi
(Bloomberg) Zambia said a lack of capital halted production at a copper mine it seized from Indian billionaire Anil Agarwal’s Vedanta Resources Ltd., just as the metal surges toward a record.
The standstill at Konkola Deep, a high-grade underground pit that also contains cobalt, was triggered by a shortage of funds to develop new mining areas, said Barnaby Mulenga, permanent secretary in the Ministry of Mines. The lack of capital is also curbing output at other operations of Konkola Copper Mines Plc, which was placed under provisional liquidation in 2019 after the government alleged Vedanta lied about expansion plans and paid too little tax. ....

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A+E Networks' Doc Slate Includes Kareem Abdul-Jabbar Film on Protests


Additionally, A&E Network has ordered two more docuseries, one on Black comedy and one on hip-hop.
“Right to Offend: The Black Comedy Revolution” explores the evolution of Black comedy and comedians who have used pointed humor to expose, challenge and ridicule society’s injustices and to articulate the Black experience in America. The four-hour, two-part series features interviews with some of the greatest comedy minds of all time as well as a rich collection of archival comedy material.
“Secret Origins of Hip Hop” from Mass Appeal (“Wu-Tang Clan: Of Mics and Men”, “Rapture”) follows some of hip-hop’s biggest stars, including Busta Rhymes, Eve, Fat Joe Grandmaster Flash and Ice-T, as they share the stories and events that molded them into the artists they became. ....

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