Vedanta’s Southern Africa ambitions have been given greater definition following the creation of Africa Base Metals, an entity through which its zinc and copper asserts in South Africa, Zambia and Namibia will be managed, and fall under the purview of Deshnee Naidoo, currently CEO of Vedanta Zinc International.
Dheshnee Naidoo has been appointed as CEO of Vedanta Resources’ Africa Base Metals, an entity through which its zinc and copper assets in South Africa, Zambia and Namibia will be managed.
Vedanta Zinc International plans to spend 800 million dollars to build a zinc refinery in the Northern Cape. Feasibility studies have been launched and it would be the country’s first zinc smelter since Exxaro closed its unprofitable plant in 2011.
In a demonstration of ongoing commitment to enhancing African operations, Vedanta Resources has announced the appointment of Deshnee Naidoo, as
CEO – Africa Base Metals.
Vedanta Zinc International plans to spend $800m to build a zinc refinery in the Northern Cape.
Indian mining billionaire Anil Agarwal is encouraging Anglo American – in which he now holds more than 21% – to accentuate its link with South Africa, where the Vedanta Resources company he founded and chairs is successfully turning to highly positive account the zinc assets that Anglo walked away from eight years ago.
Vedanta Resources chairperson Anil Agarwal on Thursday shared his views on a path to growth for subsidiary Konkola Copper Mines (KCM).
Vedanta chairman, Anil Agarwal, was at his contrarion best today telling an investment forum in Zambia during a two-day visit that the southern African country was a preferred destination for his company which would to pump $700m into new copper production – enough to take the firm’s total investment to $1bn.
The first of three reports undertaken by women in Mining(UK) in conjunction with Anglo American, Rio, Tinto, PwC and Latham & Warkins was centred around the well-discussed debate about the lack of representation of women on boards in the mining industry.
Vedanta subsidiary VZI’s Gamsberg zinc project will start production amidst positive political developments in South Africa. Newly-elected President Cyril Ramaphosa seems willing to attract foreign mining investment, but must also address economic stagnation and corruption, which may slow reform.