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#SundayReading – Vedanta must pay for its mistakes, sins

By Stuart Lisulo Fri 11 July 2014, 14:01 Dr Mathias Mpande VEDANTA Resources Plc must pay the price for the mistakes and sins they have committed if the country is to see change,” says Dr Mathias Mpande. Vedanta Resources Plc… Continue Reading →

Vedanta – Mount Lyell mine closure- hides profits in Zambia by transfer mispricing

Mine closure gets costly By SEAN FORD July 4, 2014, 10 p.m. THE long closure of the Mount Lyell mine has cost parent company Vedanta Resources at least $US30.9 million.   The Mount Lyell mine The total cost is likely to… Continue Reading →

Vedanta Stops Operations After Accident

Vedanta Stops Operations After Accident Published March 25, 2014 By Nse Udoh The Zambian unit of London-listed Vedanta Resources (VED.LN) has stopped copper production at one of its main pits, after a miner died in an accident, the company said Tuesday. The miner… Continue Reading →

Vedanta’s Zambian Unit Halts Output at Mine After Seven Injured

By Matthew Hill  Feb 21, 2014 Konkola Copper Mines Plc, the Vedanta Resources Plc (VED) Zambian unit, temporarily stopped production at its biggest mine after seven workers were injured. One worker is in critical condition after a cage malfunctioned at the Konkola Deep… Continue Reading →

Zambia Says Vedanta Unit Aims to Move $1.5 Billion Liability

By Matthew Hill  Feb 14, 2014 8:20 AM PT   Vedanta Resources Plc (VED)’s Konkola Copper Mines Plc unit has removed “a lot of money” from Zambia and wants the government to assume its liabilities that exceed $1.5 billion, said the… Continue Reading →

Foil Vedanta responds to Tom Albanese’s refute of evidence against Vedanta in Zambia

Time Posted: February 13, 2014 Tom Albanese, Chairman of Vedanta Resources Holdings Foil Vedanta responds to Tom Albanese’s refute of evidence against Vedanta in Zambia 10th February 2014 Last week several articles were published in the Zambian media reporting on a press… Continue Reading →

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