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SKORPION ZINC MINE
Government plans to oppose Hindustan Zinc's move to buy global zinc assets of VedantaThe government, which has nearly 30% stake in Hindustan Zinc that it intends to sell through offer-for-sale mechanism, is likely to vote ag...
Base metals trade higher on hopes of US-China trade resolutionsThe MCX copper November contract too increased in tandem.
Stock pick of the week: Why analysts are betting on VedantaBetter-than-expected performance in the fourth quarter, strong potential of the domestic zinc, aluminium and steel business helped Vedanta ...
Vedanta appoints woman CEO for Africa operationsCommenting on the appointment, Vedanta Resources chairman, Anil Agarwal said: ‘’I’m delighted that we have a woman leader from Africa at th...
Debt reduced by Rs 4k crore in FY17, Rs 6.2k crore since April: VedantaWe have, over the past two years, delivered total cost and marketing savings of about Rs 4,500 crore. We reduced our gross debt by over Rs ...
Vedanta pays over $2 billion in royalties, taxes to India in FY16After India, Vedanta Resources made the highest payments to Zambia (USD 53.28 million in royalties). It operates the Konkola Copper mines i...
Vedanta signs two MoUs with South African companies to improve safety and productivity of its minesThe first MoU relates to development of ground support systems that are critical for operational safety in underground mines which will be ...
Vedanta to invest $1 billion in Gamesberg mine project by 2019"We will invest a total of $1 billion in the Gamesberg project over the next three years," Vedanta Resources Chairman Anil Agarwal said.
Vedanta to begin zinc ore production at Gamsberg mine from 2018Earlier, Vedanta had announced the approval of a $782-million investment over three years to develop an open pit zinc mine in Gamsberg, Sou...
Vedanta Zinc International breaks ground at Gamsberg, mining project beginsVedanta Zinc International, part of natural resources conglomerate Vedanta Ltd, has broken ground at the Gamsberg project in South Africa, ...
Vedanta plans power business in South AfricaGlobal mining giant Vedanta is eyeing the power generation business in South Africa as a sequel to its planned $780 million investment in t...
Vedanta to complete Gamsberg zinc project phase 1 by 2017-18Vedanta Resources had bought the Gamsberg deposit and Skorpion mine in Namibia from Anglo American Plc as a part of a package of zinc asset...
Sesa Sterlite to invest $782 million for zinc deposits in AfricaThe company would spend about $630 million to develop an open-pit zinc mine and associated infrastructure at Gamsberg.
Vedanta profit hurt by costs, lower Zambia output; revenue upVedanta Resources Plc reported a 5 per cent fall in first-half core earnings due to lower production and higher costs at its oil and gas an...
- Sterlite Industries: Overseas buyouts to drive future earnings
Shares of Sterlite Industries rose almost 5% on the BSE on Monday, after the company reported a 40% year-on-year increase in revenue and ne...
- Sterlite completes acquisition of Lisheen Zinc Mine
Sterlite Industries on Wednesday said it has completed acquisition of Ireland-based Lisheen Zinc Mine as part of deal to buy zinc assets of...
- Vedanta completes acquisition of Skorpion Zinc Mine for $707 mn
Anil Agarwal-promoted Vedanta Resources has completed the acquisition of the Skorpion Zinc Mine in Namibia from Anglo American plc for abou...
- Vedanta eyes Exxaro's Namibia zinc operation
Vedanta is in talks with South African diversified miner Exxaro about acquiring the Rosh Pinah zinc mine in Namibia.
- Vedanta 'free' to acquire $332-million African assets
Mining major Vedanta Resources today said it is now "free" to acquire 74 per cent stake in Black Mountain zinc mines in Africa, which it va...
- Vedanta buys UK co's zinc business for $1.3 billion
Vedanta Resources edged out global majors such as Xstrata and China Metallurgical Corp to buy the zinc unit of the UK’s Anglo American for ...