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Mining company News

05 Sep 2016

Vedanta to invest Rs 3,000 crore to double copper capacity

Mining conglomerate Vedanta will invest up to Rs 3,000 crore in copper operations to double the capacity to 8 lakh tonnes by 2019, making the firm India's largest producer of the

22 Jul 2016

Vedanta sweetens Cairn merger deal, offers 3 additional preference shares

Unable to quickly absorb its cash-rich oil subsidiary Cairn India, mining billionaire Anil Agarwal's Vedanta Ltd on Friday sweetened the merger deal by offering three additional preference shares.

11 Mar 2015

Queensland govt clears Adani, GVK projects in Australia

Queensland's new government on Wednesday announced a fresh deal with Adani and GVK, clearing plans by two Indian firms to expand the port for coal projects in Australia.

11 Mar 2015

Adani, GVK win Australian state backing to expand coal port

Queensland`s new state government on Wednesday cleared plans by two Indian companies to expand a port for coal projects that are opposed by green groups worried about pollution and damage to the Great Barrier Reef.

05 Feb 2015

Adani to go ahead with projects in Australia despite govt change

In a statement, Adani Group said that the election result does not influence the company's financial decision making.

16 Dec 2014

BHP, BP, Santos to give up 14 oil and gas block in India

BHP is giving up nine offshore and deep sea blocks in Mahanadi basin for want of full defence clearance to explore oil and gas in the Bay of Bengal.

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