Vedanta Resources Share News (VED)

PRESS: Vedanta Resources Wins India's First-Ever Gold Mine Auction

Vedanta wins gold-hungry India's first mine auction

NEW DELHI, Feb 27 (Reuters) - Vedanta Ltd has won India's first-ever auction of a gold mine, a provincial government official said, as the nation opens up the sector to private companies to curb overseas purchases of the metal that cost it $36 billion last year. Vedanta, a unit of London-li

FTSE 250 movers: Home Retail leads risers over possible bidding war

(ShareCast News) - The FTSE 250 was firmly in the black on Monday, up 124.90 points (0.77%) to 16,282.96 by mid-afternoon. Home Retail Group led the risers following media reports over the weekend that Sainsbury's could seek an extension to the Takeover Panel's 18 March deadline, after South African

Zambia approves price-based royalties for copper mines

LUSAKA, Feb 17 (Reuters) - Zambia's cabinet has approved a new royalty system that varies depending on the copper price as Africa's second-biggest producer seeks to keep struggling mines open and limit job losses, government said on Wednesday. Mining companies operating in Zambia including

FTSE 250 miners: Metals and oil stocks rebound

(ShareCast News) - The FTSE 250 was in the black on Friday, with the index up 231.28 points (1.52%) to 15,410.08 by mid-afternoon. Miners featured at the top of the risers list as metal prices rebounded, with shares in Vedanta Resources up nearly 8% as a result. The company also said it is cutting

Vedanta Resources Lifts Maximum Acceptance Of Bond Purchase

UPDATE 1-Zambia to resume issuing new mining licences

(Adds details) LUSAKA, Feb 4 (Reuters) - Zambia has resumed issuing new mining licences, and granting renewal and transfer of rights which it had suspended in August last year, its mines minister said on Thursday. Under the new rules, the government has increased the area of explorati

Zambia resumes issuance of new mining licences suspended in August

LUSAKA, Feb 4 (Reuters) - Zambia has resumed the issuance of new mining licences, renewal and transfer of rights which it suspended in August last year, its mines minister said on Thursday. Mines minister Christopher Yaluma said the government had since the suspension established new licens

Deutsche Bank cuts Vedanta Resources' target price

(ShareCast News) - Vedanta Resources shares dropped after Deutsche Bank cuts its target price for the mining company from 200p to 185p on lower than expected iron ore sales and higher power costs. The bank said Vedanta now expects to sell 3.5mt from the Goa mine, down from between 5mt and 5.5mt. "[

FTSE 250 movers: Vedanta and Just Eat fall on broker notes

(ShareCast News) - The FTSE 250 started the month in the red, down 68.05 points (0.41%) to 16,419.67 by mid-afternoon on Monday. Vedanta Resources sank after Deutsche Bank cuts its target price for the mining company from 200p to 185p on lower than expected iron ore sales. The bank said Vedanta now

BROKER RATINGS SUMMARY: Citi Promotes Sky To European Focus List

CORRECT: Vedanta Resources Earnings Fall Accelerates In Third Quarter

FTSE 250 movers: Tullett Prebon leads market to higher weekly close

(ShareCast News) - The FTSE 250 was set to end the week on a high, with the second tier market up 226.12 points (1.40%) to 16,422.67 by mid-afternoon on Friday. Shares in Tullett Prebon surged after it said market activity in the last two months of 2015 was higher than experienced in the same period

UPDATE: Vedanta Resources Earnings Fall Accelerates In Third Quarter

WINNERS & LOSERS SUMMARY: Tullett Prebon Up 8% On Good End To 2015