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RESOURCE RICH NAMIBIA
India to launch big Africa outreach in NovemberIn a significant diplomatic move, India is enhancing its connections with Africa. President Droupadi Murmu is set to embark on groundbreaki...
Anil Agarwal unveils '3D' strategy to double Vedanta size via demerger, diversification, deleveragingAnil Agarwal of Vedanta Group unveiled a plan to double the company's size through a '3D' strategy involving demerger, diversification, and...
Mineral rich Namibia to issue visas on arrival from April to lure investorsNamibia will begin issuing visas on arrival from April 1 for international investors and tourists, aiming to attract foreign capital and bo...
Charting the global economy: UK, Japan fell into recession at the end of 2023The euro-area economy is entering 2024 on a weaker footing than previously expected, according to new European Union forecasts that anticip...
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...
Adani isn't the only Indian tycoon in trouble; there's another storm brewingThe next few weeks will be crucial for fundraising. If it fails, the issuer’s B- credit rating, already deep in the junk-bond category, cou...
Government against $3 billion Vedanta international zinc business sale to Hindustan ZincValuation of the assets is among several concerns flagged by the government, which holds a 29.54% stake in HZL that was privatised more tha...
Africa not ready for imminent third coronavirus wave, says World Health Organisation"Many African hospitals and clinics are still far from ready to cope with a huge rise in critically ill patients," the World Health Organiz...
Uranium supply to power Uzbek-India growing tiesUzbekistan, the seventh biggest uranium exporter in the world, is set to be a key player in India’s plan to procure the nuclear fuel to cre...
Vedanta to invest $10 bn on expanding businessThe average gross production of Cairn India Ltd, one of the largest independent oil and gas companies, produced 203,703 barrels of oil equi...
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 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.
India willing to venture into Namibian mineral mining: President Pranab MukherjeeAddressing students of Namibia University of Science and Technology, Mukherjee said Namibia is blessed with rich natural resources and an a...
India, Namibia decide to iron out issues over uranium supplyThe issue came up for discussion during bilateral talks between President Mukherjee and Namibian President Hage G Geingob.
India eyes Africa's 2,600 GW power pie over next 10 yearsIt estimated that, the continent has a 1.2 terawatts of capacity; including solar, there is a staggering 10 terawatts of potential capacity...
Mines Minister Narendra Singh Tomar invites global firms to invest in IndiaTomar invited companies to invest in the mining sector of India which he said was on course to taking off on a higher growth path.
India looking to import uranium from UzbekistanIndia is in talks with Uzbekistan for procuring uranium for growing requirement of fuel for its nuclear plants, expected to increase in num...
- India, 14 African nations to strengthen mutual trade
India and 14 key African nations vowed to strengthen mutual trade, taking note of the potential provided by the combined population of 2.2 ...
- Mining sector witnesses high-voltage developments in 2010
High-voltage developments in the mining sector were perhaps second only to 2G spectrum controversies in hogging media headlines in 2010.
- Vedanta sets sights on Anglo’s zinc business
Vedanta Resources promoter Anil Agarwal is taking on Anglo-Swiss mining giant Xstrata and China Metallurgical to buy Anglo American’s zinc ...