Search

Vedanta Resources Regains Control of Konkola Copper Mines, Seeks Partners for Expansion

Allen dreyfus Logo
© Allen Dreyfus
  • Vedanta Resources pays $245.75 million to regain control of Konkola Copper Mines
  • The company seeks partners for a $1 billion exploration and development plan

Vedanta Resources Ltd., an Indian mining company, has announced it paid $245.75 million to regain control of the Konkola copper mine in Zambia after years of legal disputes. The company is now seeking partners to develop the asset.

Recent Business

A copper mine. Photo by Alexander Waturandang @ Pixabay
Congo’s Gécamines seals $1bn copper deal, boosts global leverage
Read More »
Locals and tourists interacting at Maputo's Avenida Marginal in Mozambique. Photo by Rohan Reddy @ Unsplash
Mozambique inflation edges higher as food prices lift December CPI
Read More »
Barrels of oil. Photo by Atik sulianami @ Unsplash
Benin targets offshore oil restart as Sèmè field nears production comeback
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights