Palak Shah / Mumbai March 5, 2010, 0:25 IST

The share prices of top mining companies like Sesa Goa and Gujarat Mineral Development Corporation gained between 2 and 7 per cent in Thursday

Abhineet Kumar / Mumbai March 03, 2010, 0:31 IST

Vedanta Resources, the London-listed holding company for India's largest copper producer, Sterlite Industries, raised $883 million (Rs 4,000 crore) through issue of convertible bonds in Europe.

The mines ministry on Sunday said it in all probability would approach the Cabi- net next week seeking app- roval for the proposed 20 per cent share sale of state- run copper producer HCL.

Priscilla Jebaraj

NEW DELHI: In a blow to mining firm Vedanta, a fourth European investor has sold its multi-million pound stake in the company, citing

LONDON In a major setback to mining giant Vedanta Resources, a British charity on Thursday has announced that it had sold all its stake in the firm. The sell off was due to concerns over human rights and environmental issues.

Ishita Ayan Dutt / Kolkata February 18, 2010, 0:38 IST

State-run mining major NMDC is in talks with ArcelorMittal for its proposed 10-million tonne steel plant in Karnataka. NMDC sources claimed there had been preliminary discussions with the steel major for the proposed plant.

Rana Som, chairman and managing director, NMDC ` While firming up of steel price will depend on the pace of economic recovery, the ` Centre's target is produce 110 MTPA steel by '20 ` We intend to expand our exploration activities to acquire more mining leases in India and ` abroad, including for non-ferrous minerals.

AKSHAYA KUMAR SAHOO

The Orissa government on Thursday dismissed the speculation that South Korean steel major Posco was planning to shift its proposed 12-milliontonne steel project to Kulti in West Bengal.

London: Home minister P Chidambaram has said the government is willing to suspend contracts with mining firms as part of efforts to persuade Maoists to give up arms and come to the negotiating table.

Human rights watchdog Amnesty International on Tuesday alleged that the government and Vedanta had failed to protect Orissa's indigenous communities from health hazards of mining. However, the mining major hit back saying these claims were based on "outdated document".