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ZAMBIA MINING PROJECT
IPO-bound Laxyo expands operations in Africa; bags Rs 200-crore order in ZambiaIndore-based Laxyo Ltd has significantly expanded its global footprint by securing a substantial Rs 200-crore raise-boring contract in Zamb...
US backs a South Africa project to extract rare earths despite a diplomatic clashA U.S.-backed project in South Africa aims to extract rare earth elements from industrial mining waste, a move supported by a $50 million i...
TechMet targets up to $200 million in new fundraising, CEO saysTechMet, a US-backed investment firm, is raising an additional $200 million. This funding will support critical minerals projects. The comp...
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...
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...
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...
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 ...
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...
China expands defence supplies with African statesAccording to Boston University’s Global Development Centre, China signed 27 loan deals with eight African countries worth $3.5 billion betw...
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...
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 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...
- Jindal steel to spend $300 million to develop new, existing mines in Africa
Jindal Steel, India’s biggest producer of the alloy by market value, plans to spend $300 million in developing new and existing mines in Af...
- Madhuri rues lack of adequate space for wild animals
Bollywood diva Madhuri Dixit, appointed brand ambassador for a fund-raising project for conservation of Asian elephants and tigers, today l...
- Hindustan Dorr-Oliver bags $85 mn EPC contract
Hindustan Dorr-Oliver said it bagged an EPC contract worth USD 85 million from Konkola Copper Mines Plc Zambia.
- Do not see margin pressure due to higher coal prices: Nava Bharat Ventures
GRK Prasad, ED, Nava Bharat Ventures, talks about the impact of surging coal prices on the company and its plans to increase power generati...
- Exim Bank clears funds for Tatas' Zambia power project
Singur might haunt the Tata Group for quite some time, but there is some good news from Africa for the beleaguered business conglomerate.
- Tata Group to build power station in Zambia
Tata group on Wednesday signed an agreement with Zambia's state-run power utility to build a hydroelectric station in the southern African ...
- Tata Group to build power station in Zambia
Tata group Tuesday signed an agreement with Zambia's state-run power utility to build a hydroelectric station in the southern African natio...
- Indian firm develops Zambian copper mine
Indian mining firm Vedanta Resources today unveiled a slew of projects to enable Zambia's largest mine to nearly treble copper production t...