Sterlite Industries, a subsidiary of Vedanta Resources, the London-based metal and mining group, has once again surged its offer for the assets of U.S Based Asarco, by about $500 mln to around $2.1 bln. For full story, click here
Sterlite Industries, a leading metals major and part of Anil Agarwal’s Vedanta Group, has revised its offer to purchase the assets of Asarco, the Texas-based bankrupt miner, smelter and copper refiner. For full story, click here
Vedanta Resources Chairman Anil Agarwal on Monday declared that the mining major will be looking at making billion in purchasing copper and iron ore assets. For full story, click here
Vedanta Resources Plc. declared that copper is around $4,000 a metric ton looked reasonable in the current economic situation, but cautioned that it remained difficult to predict prices. For full story, click here
Equinox Minerals Ltd., owner of the Lumwana copper mine in Zambia announced that it has agreed to sell output to Vedanta Resources Plc. For full story, click here
Indian mining giant Vedanta Resources Plc. announced that it has taken a stake of nearly 10 percent in Canada’s HudBay Minerals Inc. For full story, click here
India-focused miner Vedanta Resources Plc. reported to be in leading the race to acquire Zambia’s Luanshya Copper Mines. For full story, click here
Vedanta Resources Plc’s Zambian unit, Konkola Copper Mines Plc, dismissed 623 workers to bring the number fired this year to 1,300. For full story, click here
India-focused mining group Vedanta Resources Plc said it would spend $250 million to buy back up to 10 percent of its shares, but said it would still have plenty of cash to pay for expansion programmes. For full story, click here
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