The unit has been shut for more than 50 days.
Vedanta Mining News
Company is accelerating expansion of its African zinc operations to take advantage of a surge in zinc prices.
Agarwal, who has been hunting for a new Vedanta CEO for more than a year, has consistently sought talent from the world’s biggest miners.
The price of zinc fell to a four month low on Thursday – there's much more pain to come says new report.
Vedanta could accelerate expansion of its African zinc operations to take advantage of strong prices.
The rejection comes amid almost daily protests against a proposed expansion of the smelter by the people of Thootukudi.
Stars-turned-politicians are lending their voices to protests by neighboring villagers against the plant in Tamil Nadu because of health concerns.
India's Supreme Court in February quashed all iron ore mining permits in the southwestern state of Goa, one of the top producing states for the steel making raw material.
The latest ban would affect not only Vedanta but also several small unlisted companies run by local families.
The maintenance activity, originally scheduled for April, comes amid media reports that thousands had taken to the streets and shut shops in Thootukudi to protest against the expansion of the smelter.
Company's shares fell as much as 5.5% on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in the Indian coastal state of Goa.
Stuart Chambers faces investor calls for clear direction at the company, long seen as a potential takeover target.
London's Court of Appeal opened the way for nearly 2,000 Zambian villagers can pursue a claim for damages.
The news follows the exit of former Anglo American CEO Cynthia Carroll, who stepped down last month.
Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.
In commercial production since 1896, the Mount Lyell copper and gold mine on Tasmania's west coast was put on care and maintenance two years ago.
Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several opportunities earlier this year to discuss potential tie-ups.
Carroll, who led Anglo American from 2007 to 2013, will chair the company’s Vedanta Resources Holdings Ltd. unit and advise the group’s chairman.
The country’s environmental management authority found the copper concentrate imported from Chile had high levels of arsenic, a toxic substance.
Konkola Copper Mines, owned by Vedanta, said the move was a result of poor metal prices, which has hit the global copper industry very hard.
India's private iron ore producers are likley to suffer the effects of high costs, low prices and a poor export market.
Power restrictions could hit output of most copper mines operating in the country.
The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.
The move puts an end to a nearly nine-month standoff that has hit output and profits in Africa’s second largest copper producer.
The country's national pension fund has bought 15.9 million shares of Zambia's Consolidated Copper Mines-Investment Holdings for almost $80 million.