February 15, 2024

Vedanta’s parent sells $209 million stake

Saddled with $6.4 billion in outstanding debt, Vedanta has been attempting to shore up its finances.

February 14, 2024

Tycoon Birla’s Hindalco bids for Indian critical minerals leases

The government will sell rights to about 20 blocks of land to explore for critical metals.

February 14, 2024

Vedanta’s parent may sell $1 billion worth shares to GQG

Vedanta Resources is saddled with $6.4 billion in outstanding debt, including a $4.5 billion payment due by fiscal 2025.

February 12, 2024

Indonesia names two Chinese nationals as suspects in nickel fire

One was a furnace supervisor at a different smelter in the park who had been seconded to Tsingshan’s facility, while the other was also employed by a different firm.

February 12, 2024

Jindal’s environment application for $2 billion mine refused

The company will appeal the decision within three weeks.

February 12, 2024

Trafigura delivers zinc to LME warehouses for lucrative rent deals

Zinc prices on the LME fell to $2,278 a ton on Monday, the lowest since August last year.

February 11, 2024

Rio Tinto wrangles investors over water contamination claims

A group representing UK pension funds has raised concerns about the water management at Oyu Tolgoi.

February 10, 2024

Philippine landslide death toll climbs to 54

The landslide struck on Tuesday outside a gold mine in Maco town, burying homes and vehicles ferrying employees to the site operated by Apex Mining.

February 10, 2024

Wealthy Indonesians set to win no matter who becomes president

As many as half of the 575 lawmakers in parliament have connections with the mining sector, according to the Indonesia Mining Advocacy Network.

February 9, 2024

Billionaire Adani secures ore for $1.2 billion copper smelter

The facility in Mundra is the world’s largest single-location smelter for the industrial metal.