Tycoon Agarwal’s India zinc unit to pay $506 million dividend to ease debt burden
Hindustan Zinc said it plans to pay 42.25 billion rupees in interim dividends, potentially aiding parent Vedanta Resources' deleveraging plans.
Latest Stories
Copper price touches $10,000 again as Goldman sees ‘stockout’ risk
Goldman raised its year-end price target to $12,000 a ton, from $10,000 previously.
China’s central bank adds more gold to its reserves in April
China held 72.8 million ounces of gold at the end of April, up from 72.74 million ounces a month before.
Bushveld Minerals to sell Vanchem unit to ease financial woes
The vanadium producer warned that if this funding scheme fails, it would have no option but to apply for business rescue.
Robots recruited to manufacture wind turbines
US-based researchers have incorporated robotic assistance in the manufacturing of wind turbine blades.
BHP insists Anglo American’s South African assets must go in any takeover
BHP sees advantages for South Africa in a distribution of Anglo American stakes in Amplats (78.6%) and kumba Iron Ore (69.7%).
Panthera Resources overhauls project ownership in Mali and Nigeria
Panthera is increasing interest in the Kalaka gold project in southern Mali from 40% to 80%, while divesting its Nigerian assets.
A leadership battle is brewing at deep sea mining’s regulatory body
The choice of the International Seabed Authority's next secretary-general could have significant economic and environmental consequences for deep sea mining.
First Quantum hopes new Panamanian leader brings fresh look to disputed copper mine
Analysts see the election result as a positive development for the Cobre Panama mine.
