Vedanta and the Outstanding Achievement Awards

On Wednesday 1 December, in London, awards will be presented to those in the mining industry who have most impressed the world’s mining financiers. The Outstanding Achievement Awards are sponsored by industry publication the Mining Journal. Critics of the mining...

India: Yet more shenanigans linked to UK mining company

On November 12 2010, the Indian newspaper Orissa Diary published a report claiming that eight tribal and other NGOs had submitted a Public Interest Litigation (PIL) petition to the state’s High Court on behalf of Vedanta Resources plc. According to the report,...

It just ain't football: London Calling kicks Vedanta into touch

Vedanta’s profits for the first half of its current financial year have disappointed the London-listed, Indian uber-miner. In fact, since January 2010, the company has “under-performed” the British mining index by 25%. Just three years ago it was...

Vedanta arranges $ 6 bn funding for Cairn India deal

Vedanta Resources Plc said it has entered into financing agreements with a consortium of banks for $ 6 billion to fund its proposed buyout of up to 60 per cent stake in Cairn India. London-listed Vedanta Resources planned stake acquisition in Cairn India, which was...

Vedanta gives Modi's aluminium plant offer a miss

Vedanta Resources does not seem interested in setting up an alumina refinery and an aluminium smelter in Gujarat. It has decided against an expression of interest (EoI) as invited by the state-owned Gujarat Mineral Development Corporation. See...

Tiara residents suffer from mining contamination, Venezuela

“Something is sickening the people of Tiara and their crops”. That’s what the Mines and Communities website reported more than five years ago. In 2008, a study showed that Anglo American’s Lomas de Nickel mine in Venezuela was responsible. But...

Management, union leaders dig in heels at Collahuasi

Union leaders at the world’s No. 3 copper mine dug in their heels on Thursday, saying workers would reject management’s latest offer to end a 14-day-old strike at the sprawling Collahuasi copper pit. The union vowed to stay on the picket line until...

Rio Tinto dodges State requirements in the USA

Rio Tinto, through its subsidiary Kennecott Minerals, continues to dodge requirements of Michigan’s Part 632 Mining Law, with the help of the Marquette County Road Commission (MCRC), the Marquette County and City Commissions, and local township boards. See...