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South32 to sell Illawarra coal for $2.5b
coal
Wed, 28 Feb 2024 19:29:01 GMT
South32 Limited has entered into a binding agreement to sell Illawarra Metallurgical Coal for $US1.65 billion ($2.5
https://www.australianmining.com.au/south32-to-sell-illawarra-coal-for-2-5b/


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


Mining News - Red Dog ends 2023 with solid production
production zinc
Mon, 26 Feb 2024 07:08:00 GMT
Zinc production is expected to trend downward as ore grades decline over the coming four years. Teck Resources Ltd. Feb. 21 reported that its Red Dog Mine in Northwest Alaska produced 1.19 billion pounds of zinc in 2023 and forecasts similar output this year. Starting in 2025, however, zinc production from this operation, which accounts for more than 4% of the world's supply of
https://www.miningnewsnorth.com/story/2024/02/23/news-nuggets/red-dog-ends-2023-with-solid-production/8407.html


South32 celebrates safety
coal h&s
Sun, 18 Feb 2024 22:31:02 GMT
While South32 experienced lower metallurgical coal volumes in the 202324 financial half year (FY24), its safety wins were a boon for the
https://www.australianmining.com.au/south32-celebrates-safety/


Mining News - Red Dog awarded the Zinc Mark stamp
production zinc
Tue, 13 Feb 2024 12:01:00 GMT
The world's first zinc mine to meet the high ESG standards to be awarded this mark of sustainability. Teck Resources Ltd.'s Red Dog Operations in Northwest Alaska is the world's first zinc mine to be awarded the Zinc Mark, a certification that the facility meets high environmental, social, and governance standards. Accounting for more than 4% of global zinc production
https://www.miningnewsnorth.com/story/2024/02/16/news/red-dog-awarded-the-zinc-mark-stamp/8394.html


Vedanta looks to cut debt by up to $2 billion
steel vedanta
Fri, 26 Jan 2024 00:00:00 GMT
The natural resources major had a gross debt of 75,227 crore - or more than $9 billion - as of December-end. Net det was 62,493 crore - just shy of $8 billion. Last year, Vedanta had also announced it is looking to sell its steel business. Goel said that the process for the asset sale is underway, and that Vedanta will have a firm proposal by the end of the current quarter, and the deal is likely to be finalised by April-May. The company acquired Electrosteel Steel through the insolvency
https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-looks-to-cut-debt-by-up-to-2-billion/articleshow/107154908.cms


Closure of Sterlite copper unit in Tamil Nadu: SC to consider ...
copper india vedanta
Tue, 02 Jan 2024 00:00:00 GMT
A bench comprising Chief Justice of India D Y Chandrachud and justices J B Pardiwala and Manoj Misra took note of the submissions of senior advocate Shyam Divan, appearing for the Vedanta group firm, that the matter needed to be heard.
https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/closure-of-sterlite-copper-unit-in-tamil-nadu-sc-to-consider-hearing-plea-of-vedanta/articleshow/106477446.cms


Ukraine: Ukrzinc declared bankrupt
ukraine zinc
Wed, 04 Oct 2023 00:00:00 GMT
In August, the Commercial Court of Donetsk region declared Ukrzinc OJSC bankrupt. The company has not been operating since 2002. New plants, such as Svinets LLC and Zinc PJSC, have appeared on its manufacturing assets. Ukrzinc was founded in Konstantinovka in 1930 to produce zinc. Its capacity then was 12 thousand tons of zinc pe
https://metalukraine.com/2023/10/04/ukraine-ukrzinc-declared-bankrupt.html


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