Maaden secures $1b in oversubscribed financing as Saudi mining push accelerates
Saudi Arabian Mining Co. (Maaden) has secured USD 1 billion in inaugural international syndicated credit facilities, with strong demand from global lenders highlighting confidence in the company's expansion strategy and Saudi Arabia's broader mining ambitions. Maaden has secured USD 1 billion in...
Vedanta Aluminium veteran Rajiv Kumar joins Jindal Steel as COO
Vedanta Aluminium veteran Rajiv Kumar has been appointed Chief Operating Officer (COO) of Jindal Steel after completing a successful stint as Chief Executive Officer of Vedanta Aluminium. Kumar, who brings more than three decades of experience in the metals and mining industry, will now oversee the...
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Mining firm campaigns for Abbott's Wild Rivers bill
...A mining company exploring in Cape York in the state's far north is urging MPs to support Federal Opposition Leader Tony Abbott's private member's bill to amend Queensland's Wild Rivers laws...
Chinalco looking for overseas projects
..CHINESE giant Chinalco is exploring suitable targets for further overseas expansion and reaffirmed its interest in Australia and Mongolia...
OMC seeks AG's opinion on Niyamgiri
...The Orissa Mining Corporation (OMC) has sought legal opinion of the Advocate General of the state on the issue of rejection of Stage-II forest clearance by the Union ministry of environment and forests (MoEF) on proposed bauxite mining by Vedanta Aluminium Ltd (VAL) at Niyamgiri hills...
China and Australia group eyes Laos bauxite mine
...Reuters quoted an Australian company helping fund a feasibility study for the project as saying that a decision on whether to proceed with the first bauxite mine in Laos is due in 2011...
Bauxite mining projects: continue or stop?
...Hoa said that the incident in Hungary is the first of its kind in the world and Vietnam should not cancel the bauxite mining projects because of this accident...
MoEF asks Jharkhand govt to crack down on illegal bauxite mining
...After stalling the expansion plan of the alumina refinery and captive power plant of Vedanta Aluminium Limited (VAL), the Union ministry of environment and forests (MoEF) has now trained its guns on 14 mines in Jharkhand supplying bauxite to feed the company's refinery plant...
More time needed for decision on bauxite projects, says official
...The government will continue to gather opinions before deciding whether to halt bauxite exploration projects in the Central Highlands, a senior government official said Saturday...
Macquarie Harbour unveils $12m US plan
...Macquarie Harbour Mining Ltd (MHM) has signed a deal with an American aluminium company and announced plans to raise $12 million for an expansion into the US...
Now, Vedanta lands in mining row in Chhattisgarh
...After the Niyamgiri ban, a controversy is brewing in Chhattisgarh over bauxite mining by Vedanta Resources, the UK-based mining conglomerate, in the Maikal hill ranges in Kawardha district with the opposition Congress demanding a probe into alleged large-scale infringement of green and tribal...
Vedanta Resources Cuts Spending Plan After Failing to Win Orissa Approval
...edanta Resources Plc, controlled by billionaire Anil Agarwal, will cut its spending program by as much as $2 billion over the next two years after failing to get clearance to mine bauxite at Niyamgiri in India’s Orissa state...
Vedanta Resources Wins Gujarat <em>Bauxite</em> Mine Contract, Economic <b>...</b>
... Vedanta Resources Plc has won a contract from India's western Gujarat state to mine 570000 tons of bauxite , the Economic Times reported, ...
Vedanta Resources Wins Gujarat Bauxite Mine Contract, Economic Times Says
...Vedanta Resources Plc has won a contract from India’s western Gujarat state to mine 570,000 tons of bauxite, the Economic Times reported, citing Gujarat Mineral Development Corp. managing director V.S. Gadhvi...
Rio says no decision on BHP deal
...Speculation that Rio Tinto is poised to abandon its West Australian joint venture with BHP Billiton has raised questions about whether the mining giant is in breach of market disclosure rules...
Factbox: Cameroon mining <em>projects</em> | Reuters
... The consortium plans to invest $5-6 billion in the bauxite mining and refinery project at Ngaoundal, north of the capital, Yaounde, ...
Rio Risks Losing Mining License in Guinea, Minister Thiam Says <b>...</b>
... Guinea, the world's biggest bauxite producer, has been involved in a dispute with Rio over the rights to Simandou since 2008, ...
Don’t quit mining, give options to tribals: Pranab Mukherjee
...Finance minsiter Pranab Mukherjee has favoured a balanced approach on the issue of displacement of tribals due to mining projects, saying that solution does not lie in stopping these projects altogether..
Don’t quit mining, give options to tribals: Pranab Mukherjee
...Finance minsiter Pranab Mukherjee has favoured a balanced approach on the issue of displacement of tribals due to mining projects, saying that solution does not lie in stopping these projects altogether..
Don’t quit mining, give options to tribals: Pranab Mukherjee
...Finance minsiter Pranab Mukherjee has favoured a balanced approach on the issue of displacement of tribals due to mining projects, saying that solution does not lie in stopping these projects altogether..
