Vedanta Resources pays $246 mn dues to help revive operations at Zambian copper mineUK-based Vedanta Resources, the parent company of India's Vedanta, has settled $245.75 million in dues to revive operations at Zambia's Kon...
19 Jul, 2024, 09.36 AM IST
Artificial Intelligence helped to find a vast source of the copper that AI needs to thriveKoBold is pumping $2.3 billion into its first mine and is negotiating tricky partnerships with contractors and governments alike. It is rel...
12 Jul, 2024, 10.01 AM IST
Court approves billionaire Agarwal’s plan to reclaim Zambia mineA court in Zambia sanctioned a plan for Vedanta Resources Ltd. to regain control of the Konkola copper project by settling debts owed to cr...
29 Jun, 2024, 01.54 PM IST
Vedanta weighs minority stake sale in Zambian copper assets to reboot minesVedanta Base Metals CEO Chris Griffith said on Wednesday the company is talking to a range of financing partners to raise money for a resta...
07 Feb, 2024, 08.20 PM IST
Billionaire-owned Vedanta seals Zambian copper assets dealVedanta Resources and the Zambian government signed an agreement that restores the Indian company's ownership of Konkola Copper Mines (KCM)...
06 Nov, 2023, 10.42 PM IST
Vedanta incorporates Sesa Iron & Steel in Goa"Sesa Iron and Steel Limited is incorporated for growth projects and to undertake expansion of its operations," the company mentioned in a ...
07 Sep, 2023, 12.57 AM IST
Zambia agrees to hand disputed copper assets back to VedantaZambia has agreed to return control of Konkola Copper Mines (KCM) to Vedanta Resources, ending a dispute that began in 2019 when the govern...
05 Sep, 2023, 11.11 PM IST
Anil Agarwal pledges to pay Zambia creditors $250 million before retaking mineVedanta Resources plans to pay the $250 million it owes to suppliers in Zambia once it regains control of the copper mines that were seized...
24 Aug, 2023, 08.20 AM IST
Vedanta step closer to regain control over Zambia copper assetsThe Zambian government placed Konkola Copper Mines Plc, 79.4% owned by Vedanta, into provisional liquidation in 2019, and has since been lo...
17 Jul, 2023, 03.54 PM IST
Arbitral tribunal rules ZCCM breached dispute resolution provisions over Vedanta minesMetals and mining firm Vedanta Resources held a 79.4 per cent stake in KCM while the Zambian government through its state mining investment...
12 Jul, 2021, 06.33 PM IST
In blow to Vedanta, Zambian court rules KCM liquidator to stay in postThe ruling is a blow to Vedanta, which has been locked in a legal battle since the Zambian government - which owns 20% of KCM through state...
06 Jan, 2021, 10.27 PM IST
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...
16 May, 2018, 05.52 PM IST
Vedanta pledges $700 million to the growth of Konkola Copper Mines, ZambiaAgarwal, on a two-day visit to Zambia, where he has attended the India-Zambia Business forum, said Vedanta was fully committed to supportin...
12 Apr, 2018, 09.57 PM IST
Vedanta Resources appoint new CEO for iron ore businessVedanta's iron ore business in India comes under Sesa Sterlite, which also owns 51 per cent stake in Western Cluster iron ore mine in Liber...
19 Feb, 2015, 08.46 PM IST
Vedanta to go slow on fresh investments till current projects turn profitable: Tom Albanese"It is going to take some time for the new supply in oil, iron ore and copper to get absorbed in the market. It will easily be another year...
11 Feb, 2015, 04.00 AM IST
- Vedanta leads the race for Zambian copper mine
Although the exact bid size could not be ascertained, a person familiar with the development said the Zambian government, which has put LCM...
17 Apr, 2009, 02.05 AM IST
- Vedanta to hike stake in Zambia's Konkola mines
Vedanta Resources may up stake in Konkola Copper Mines in Zambia to 79.4% by buying out a portion of the Zambian govt’s holding.
28 Nov, 2007, 05.19 AM IST