E-PaperCopper Mines News
Vedanta tells top English court pollution case should be heard in Zambia
India-listed Vedanta, which delisted from London last year but maintains a legal base in Britain, is appealing a lower court ruling that a case in which villagers alleged their land was polluted by a Vedanta unit could be heard in England.
2 min read16 Jan 2019SC seeks Vedanta response on plea against Electrosteel bid
Renaissance Steel has challenged Vedanta's eligibility to bid for Electrosteel Steels as one of its affiliates in Zambia, Konkola Copper Mines, was found guilty of violating environmental laws in that country
1 min read30 Oct 2018Vedanta Resources names ex-CEO Kuldip Kaura as interim chief executive
Vedanta Resources names former CEO Kuldip Kaura as its interim chief executive, to replace Tom Albanese who is due to step down on Thursday
1 min read30 Aug 2017Vedanta seeks to quadruple Zambia copper output over 3 years
Vendata is now targeting raising overall production to 400,000 tons within three years, an amount it said in April could take as many as seven
1 min read26 Jun 2017Vedanta’s Zambia mine to pay first instalment of $100 mn fine by month-end
The claim relates to outstanding payments under a 2013 copper price participation settlement agreement between Vedanta-owned KCM and ZCCM-IH
1 min read18 Jan 2017Vedanta Zambia unit to cut 2,500 jobs as it shutters copper mine
KCM is placed under care and maintenance to protect the financial viability of entire business, says the copper producer
1 min read26 Nov 2015Chileans pick through debris after powerful quake
Aftershocks shook the South American country following Wednesday's quake, the strongest in the world this year
4 min read18 Sep 2015Vedanta plans $280 mn Zambia mine spending: Yaluma
Vedanta also agreed to pay $111 million to settle debt outstanding at Konkola and provide a $400 million bank guarantee, says the minister
1 min read28 Jun 2014Zambia criticizes Vedanta for not generating enough jobs
Zambia’s vice-president says there is a disconnect between investment and jobs created by the mining firm
3 min read3 Apr 2013SAIL in talks to form consortium to bid for Afghan copper deposits
SAIL in talks to form consortium to bid for Afghan copper deposits
2 min read2 Feb 2012Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared