Zambia will fine and break ties with mining firms that fail to operate according to the southern African country’s laws, President Edgar Lungu said on Thursday, escalating a dispute with India-listed Vedanta. Vedanta is fighting Zambia’s decision last …
Zambian President threatens to fine miners who break law Read More »
Diversified miner Vedanta Resources on Thursday denied allegations of the company’s involvement in “certain problems” being experienced at its Konkola Copper Mines (KCM) operations, in Zambia.
This comes amid court proceedings launched by the State t…
Vedanta denies sabotaging KCM operations Read More »
The town of Florence, in Arizona, in the US, has been ordered to pay Taseko Mines’ Florence copper mine attorney’s fees and costs after its legal challenge failed in court last week. The Superior Court of Arizona has ordered that Florence Copper be awa…
Taseko’s Florence awarded $1.7m in costs Read More »
Diversified miner Vedanta Resources on Tuesday said its application to be joined to the confirmation hearing for the ex parte appointment of a provisional liquidator for its Konkola Copper Mines subsidiary had been heard by judge Annesie Banda-Bobo in …
Judgment reserved in Vedanta’s application to join KCM proceedings Read More »
With the expiry of mining leases (MLs) for 354 mines across India fast approaching and delayed fresh auctions looming large, sharp differences have surfaced among various stakeholders in the sector. The narrative until now among a section of stakeholde…
Indian mining sector hit by dissensions over expiring mining leases Read More »
With the expiry of mining leases (MLs) for 354 mines across India fast approaching and delayed fresh auctions looming large, sharp differences have surfaced among various stakeholders in the sector. The narrative until now among a section of stakeholde…
Indian mining sector hit by dissension over expiring mining leases Read More »
Sherritt International, whose executives were once known as Fidel Castro’s favorite capitalists, is paying the price for its close ties to the struggling Caribbean nation.
The Canadian miner, which gets all its revenue from assets in Cuba, is being hi…
Trump’s Cuba gambit pushes Canadian miner Sherritt to the brink Read More »
New Papua New Guinea Prime Minister James Marape doubled down on his plans to earn more taxes from the gas-and-gold-rich country’s natural resources sector on Wednesday, but said major reform would not take effect for years.
That will come as a relie…
Papua New Guinea PM says resources reforms will take years Read More »
Copper/gold explorer SolGold’s share price took a beating on Thursday, following media reports about a potential referendum on mining in the Ecuadorian province in which the company’s Cascabel project is located. The company, however, insisted that its…
SolGold shares tank on potential Ecuador mining referendum Read More »
The Indian energy sector is betting big on inclusion of liquefied natural gas in the goods and service tax (GST), following the electoral mandate received by the right-wing Bharatiya Janata Party (BJP) to form the federal government for a second term
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India’s new government likely to hasten inclusion of LNG in single-tax GST regime Read More »
