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Vedanta to raise Rs 1,000 cr in debt
vedanta
Tue, 09 Jul 2024 00:00:00 GMT
Vedanta Ltd will issue 1,000 crore in non-redeemable non-convertible debentures (NCDs) with a 15-month tenure linked to MIBOR, paying 3.75% over the one-month overnight indexed swap rate. Funds will be used for debt repayment and capital expenditure. As of March 2024, Vedanta's gross debt was 71,759 crore. The company plans to demerge its businesses into separate entities to reduce refinancing risks. Despite this, Vedanta Resources Ltd (VRL) faces significan't refinancing needs and
https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-to-raise-rs-1000-cr-in-debt/articleshow/111614356.cms


Mining News - Upgraded resource elevates Pine Point
exploration metals zinc
Thu, 27 Jun 2024 10:51:00 GMT
With most resources elevated to the indicated category, Northwest Territories zinc project begins transition to feasibility level mine studies. Osisko Metals Inc. June 25 reported that drilling over the past two years has upgraded a significan't portion of the mineral resources at Pine Point to the higher confidence indicated category in preparation for elevating this zinc mine project
https://www.miningnewsnorth.com/story/2024/06/28/northern-neighbors/upgraded-resource-elevates-pine-point/8581.html


Transforming mined lands: South32's Soil Shift challenge seeks ...
australia metals
Thu, 20 Jun 2024 00:00:00 GMT
Transforming mined lands: South32's Soil Shift challenge seeks your solutions South32 proudly announces the Soil Shift open innovation challenge in collaboration with Unearthed The globally diversified mining and metals company headquartered in Perth, Western Australia, South32's mission is to discover innovative methods for delivering high-quality soils while rehabilitat ... AL Circle Sustainability
https://www.alcircle.com/news/transforming-mined-lands-south32-s-soil-shift-challenge-seeks-your-solutions-111228


South32 tallies quarter of extremes
Mon, 22 Apr 2024 22:28:02 GMT
South32 achieved major milestones across its operations in the March quarter but said tropical cyclone Megan has put its Groote Eylandt manganese operation in the Gulf of Carpentaria out of action until
https://www.australianmining.com.au/south32-tallies-quarter-of-extremes/


Boliden installs private 5G network from Radtonics for autonomous ...
market sweden
Thu, 18 Apr 2024 00:00:00 GMT
STOCKHOLM, SWEDEN, April 18, 2024 /EINPresswire.com/ -- The mining company Boliden has entered into an agreement with the challenger in 5G for the industrial market, Radtonics, regarding the creation of a private industrial 5G network. The
https://www.einpresswire.com/article/703773764/boliden-installs-private-5g-network-from-radtonics-for-autonomous-transports


Vedanta secures 11-year Rs 3,900 cr loan from PFC
india vedanta
Mon, 15 Apr 2024 00:00:00 GMT
The group plans to increase the operating capacity of its power business in India to 4.8 GW by FY27, sources with knowledge of the matter said. The latest financing follows Vedanta group's takeover of Meenakshi Energy Ltd on December 28 in an NCLT-driven insolvency
https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-secures-11-year-rs-3900-cr-loan-from-pfc/articleshow/109318650.cms


Vedanta charts course for growth across sectors, unveils $6 billion ...
alumina india investment vedanta
Sun, 24 Mar 2024 00:00:00 GMT
Vedanta charts course for growth across sectors, unveils $6 billion investment plan The Indian multinational mining and metal company Vedanta Ltd, spearheaded by billionaire Anil Agarwal, has unveiled an ambitious investment strategy, earmarking a colossal $6 billion across diverse business sectors. This strategic initiative is poised to augment the company's annual EBITDA by a min ... AL Circle Alumina
https://www.alcircle.com/news/vedanta-charts-course-for-growth-across-sectors-unveils-6-billion-investment-plan-110287


South32 tallies cyclone damage
australia
Wed, 20 Mar 2024 04:17:03 GMT
As conditions under Tropical Cyclone Megan ease in northern Australia, South32 has begun to assess the damage to its GEMCO manganese
https://www.australianmining.com.au/south32-tallies-cyclone-damage/


Vedanta Challenges Goa Rural Improvement Cess Act in Supreme ...
vedanta
Wed, 28 Feb 2024 02:07:03 GMT
Vedanta challenged a January 10 Bombay High Court order that rejected its plea
https://www.indiainfoline.com/article/news-top-story/vedanta-challenges-goa-rural-improvement-cess-act-in-supreme-court-1708926501213_1.html


GQG swoops in on Vedanta: 2.2% stake may have been acquired in ...
vedanta
Wed, 28 Feb 2024 01:25:03 GMT
The announcement of the stake sale coincides with Vedanta's approximately $6.4 Billion in outstanding debt.
https://www.indiainfoline.com/article/news-top-story/gqg-swoops-in-on-vedanta-stake-may-have-been-acquired-in-crore-block-deal-1707976735983_1.html


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