India sends geologists to Zambia to explore copper and cobalt deposits, sources sayIndia is intensifying its efforts to secure critical mineral supplies for its energy transition by dispatching geologists to Zambia to expl...
01 Jul, 2025, 12.29 PM IST
De Beers draws interest from billionaire Agarwal, Qatari funds, sources sayDe Beers, currently being divested from Anglo American, has attracted interest from multiple consortia, including billionaire Anil Agarwal,...
07 Jun, 2025, 12.48 AM IST
India holds talks with Congo for pact to source cobalt, copper, sources sayIndia is in talks with the Democratic Republic of Congo (DRC) to sign an agreement securing critical minerals like cobalt and copper. These...
12 Mar, 2025, 04.39 PM IST
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
EU, US to align global minerals push against China’s supply gripThe new initiative, known broadly as a “minerals security partnership forum,” is expected to align outreach efforts to buyers in developed ...
12 Feb, 2024, 09.43 AM IST
Africa pushes back against China's predatory practices in rare earth mineral sectorResource rich bigger African states are pushing back against Beijing. In August Nigeria, Africa's biggest economy, suspended some of illega...
18 Sep, 2023, 06.16 AM 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
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
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
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...
02 Oct, 2016, 01.18 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 sells stake in Canada's Hudbay Minerals for $ 152 millionVedanta had acquired about 14.5 million shares of Hudbay Minerals, through a Netherlands-based subsidiary Lakomasko BV for an undisclosed s...
07 Jul, 2013, 12.12 PM IST
- China defends Africa, US investment amid tensions
China defended its growing global commercial presence as a source of jobs in Africa and the United States amid tension over control of reso...
01 Nov, 2010, 10.24 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
- India Inc goes on an African safari
Pradeep Dobhale, the chief executive of ITC’s paper division, was willing to try an experiment recently.
17 Jul, 2007, 03.13 AM IST
- Metal makers see a bright future in the dark continent
A decade ago, if one were to ask officials of Indian metal companies about their plans to set up base in Africa, the reply would be one of ...
11 Dec, 2006, 02.42 AM IST