Vedanta shares in focus as parent eyes US listing for Zambian copper unitVedanta Ltd is in focus as parent Vedanta Resources considers a U.S. IPO for its Zambian unit, Konkola Copper Mines, aiming to raise $1 bil...
Vedanta aims to raise $1 bln via debt to fund Zambian copper minesVedanta Resources seeks to raise around $1 billion in debt financing to develop its Konkola Copper Mines in Zambia. The Indian company pref...
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...
UAE giant eyes majority stake in Vedanta's Zambian mines in expansion driveVedanta wants to sell part of its 80% stake in KCM and has hired Standard Chartered to manage the process in an effort to raise capital to ...
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...
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)...
Anil Agarwal talks of moving Konkola Copper Mines to Vedanta Ltd at 'right valuation'The Zambian government, which owns a 20 per cent stake in KCM, will allow Vedanta to resume control and operate KCM's mines and smelter aft...
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...
Arbitration hearing set for January in Vedanta-Zambia disputeZambia in May 2019 handed control of Konkola Copper Mines (KCM) to a state-appointed provisional liquidator, triggering a legal battle with...
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...
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...
Vedanta welcomes South African court decision to block sale of Zambia minesFurther, the company said it is unable to comment on the process currently underway in Zambian courts.
Vedanta's Anil Agarwal wants Zambia govt to refund VAT dues, withdraw import tax; hopeful of resolutionVedanta has taken the government of Zambia to international arbitration following the seizure of its Konkola Copper Mines, one of Africa's ...
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...
UK court asks Vedanta to settle $100 mn dispute with ZambianKonkola Copper Mines (KCM) is one of Zambia's largest copper producers and one of the largest private sector employers in the country.
No immediate lay off in KCM Zambia, in touch with government: VedantaVedanta had announced plans to retrench over 1,500 staff as mechanisation at its mines of KCM is complete and the company needs to optimise...
- 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...