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The NYSE will soon welcome its newest mining company, in integrated copper and cobalt producer CopperTech Metals, with the company having filed a registration statement with the US Securities and...
Zambia's Konkola Copper Mines resumed mining at its Chingola "B" Mine on Thursday, 18 years after operations ceased, as Africa's second-largest copper producing nation pushes to more than triple...
Zambia is courting global investors, including from the US, as it aims to more than triple its copper output to three-million metric tons by 2031, its mines minister said on Tuesday. Africa's...
As part of its commitment to the Zambian government’s aim to reach three-million tonnes of copper production by 2031, State-owned investment company ZCCM Investments Holdings (ZCCM-IH) is...
Vedanta Resources has launched CopperTech Metals, a US-domiciled company that will own and operate Zambia’s Konkola Copper Mines (KCM), connecting America’s critical mineral needs with Zambia’s...
The Singapore Police Force is reviewing a complaint by short seller Viceroy Research that natural resources conglomerate Vedanta improperly funded its 2024 dividend, documents viewed by Reuters...
Indian mining and metals conglomerate Vedanta will continue to rely on coal as its primary energy source for mining operations while aiming to increase the share of renewable sources in its energy...
Vedanta Resources’ Zambian copper mining unit plans to refurbish its smelter as part of efforts to ramp up production from operations the company recovered last year. The plant will undergo “a full...
Mercuria Energy Group and a Zambian State-owned company are set to ship their first copper under a new trading partnership after obtaining a government waiver to export a semi-processed form of the...
Vedanta Resources, the Indian mining conglomerate of billionaire Anil Agarwal that was targeted in a short-seller’s report, has lost the top executive of its base metals business, according to...
Indian miner Vedanta said on Thursday its parent Vedanta Resources has secured a loan facility agreement worth up to $600-million with international banks to refinance its debt. Easing risks...
Vedanta Resources, is considering a US public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1-billion for mine development, three sources familiar...
London-listed Arc Minerals has entered into a binding agreement for its wholly-owned Zambian subsidiary Foreland Minerals to acquire the Chingola copper project, in the Zambian Copperbelt, from...
Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on Thursday, with nods from nearly all of its...
Vedanta Resources is trying to raise around $1-billion in debt financing to fund development of its Konkola Copper Mines (KCM) in Zambia, Chris Griffith, head of the company's base metals unit,...
Africa's biggest copper producers, the Democratic Republic of Congo and Zambia, are working on deals to gain exposure to metal trading as a demand surge linked to artificial intelligence and the...
Zambia's copper output rose 12% in 2024, buoyed by a recovery in production at key mines as the government counts on the sector to drive economic growth. Output reached roughly 820 670 metric tons,...
In his two decades at Bank of America Corp as a mining banker, Omar Davis worked on several transactions with former Anglo American boss Mark Cutifani. They’ve now teamed up again to set up a...
Indian miner Vedanta's parent on Friday said it has secured commitments from Barclays, First Abu Dhabi Bank, and Mashreq totaling $300-million in loan tenors of three years and three months. The...
Vedanta Resources, which postponed a planned sale of dollar bonds last week after the Adani group's top officials were indicted by US prosecutors, will now launch the issue on Monday, according to...
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