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Vedanta Resources News (LSE:VED)

Latest Vedanta Resources News Headlines
DateTimeSource
Headline
11/19/20088:48AMTFNFUPDATE 2-Zambia to miss additional 2008 copper revenue target
By Shapi Shacinda LUSAKA, Nov 19 (Reuters) - Weak copper prices will prevent Zambia from meeting its forecast target of raising additional revenue totalling $415 million from foreign mining firms, central bank governor Caleb Fundanga said on Wednesday. Zambia had hoped to raise the additional revenue... More...>>
11/18/20089:47AMTFNFupdate 1-Zambia mine starts new $5OO mln copper smelter
LUSAKA, Nov 18 (Reuters) - Zambia's Konkola Copper Mines (KCM) has launched its new Nchanga copper smelter under plans to raise copper cathode output to 500,000 tonnes within two years, the company said on Tuesday. The Nchanga smelter, which has a capacity to produce 300,000 tonnes copper per year and... More...>>
11/18/20082:30AMTFNFDEALTALK-Crisis puts brakes on India's outbound M&A
By Narayanan Somasundaram MUMBAI, Nov 18 (Reuters) - Tata Group, India's second-largest conglomerate, which has scooped up Western assets from steel to sports cars, this month put acquisition plans on hold. It is not alone. Corporate India's overseas ambitions are being scaled back as the... More...>>
11/18/20082:30AMTFNFDEALTALK-Crisis puts brakes on India's outbound M&A
By Narayanan Somasundaram MUMBAI, Nov 18 (Reuters) - Tata Group, India's second-largest conglomerate, which has scooped up Western assets from steel to sports cars, this month put acquisition plans on hold. It is not alone. Corporate India's overseas ambitions are being scaled back as the... More...>>
11/14/20088:54AMTFNFIndian villagers protest against Vedanta project
By Jatindra Dash BHUBANESWAR, India, Nov 14 (Reuters) - Hundreds of tribespeople, many carrying bows and arrows, marched against a bauxite mine planned by Britain's Vedanta Resources PLC in eastern India on Friday, police said. Villagers blocked roads and shouted slogans against the company, vowing to... More...>>
11/06/20089:28AMTFNFSTOCKS NEWS EUROPE-Miners slide on fears mines will close
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 13:50GMT 6Nov2008-Miners slide on fears mines will close -------------------------------------------------------- Shares in mining companies slide... More...>>
11/06/20086:18AMTFNFUPDATE 2-Vedanta H1 profit down 24.7 pct, reins in spending
By Paul Hoskins LONDON, Nov 6 (Reuters) - India-focused miner Vedanta Resources Plc posted a 24.7 percent drop in first half profit on Tuesday and said it saw room to cut planned investment spending by $5.1 billion as it grapples with lower metal prices. Shares in Vedanta fell as much as 12.4 percent... More...>>
11/06/20083:36AMTFNFBRIEF-Vedanta still eyes Asarco but at lower price
LONDON, Nov 6 (Reuters) - Vedanta Resources PLC: * CEO says still engaged in dalogue on possible Asarco buy but would like to renegotiate price ((London Equities Newsroom; +44 20 7542 7717)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The... More...>>
11/06/20083:06AMTFNFUPDATE 1-Vedanta H1 profit down 24.7 pct but says confident
LONDON, Nov 6 (Reuters) - India focused miner Vedanta Resources Plc posted a 24.7 percent drop in first half profit but said it was well placed to cope with lower metal prices and had the resources to invest in the business. London listed Vedanta said on Thursday that attributable profit for the six... More...>>
11/06/20082:30AMTFNFBRIEF-Vedanta H1 EBITDA down 6.8 pct, plans to invest
LONDON, Nov 6 (Reuters) - Vedanta Resources PLC: * H1 EBITDA down 6.8 percent to $1.272 billion (company consensus forecast was $1.269 billion) * Says H1 basic EPS down 24.9 percent to 121.4 cents (company consensus 117 cents) * Says H1 attributable profit down 24.7 percent to... More...>>
11/06/20082:01AMUKREGDividend Arrangements
RNS Number : 5641H Vedanta Resources PLC 06 November 2008 Dividend Arrangements Vedanta Resources plc ("Vedanta") announced an interim dividend of US 16.5 cents per Ordinary Share on 6th November 2008 in respect of the six months ended 30 September 2008. The dividend will be paid out in US... More...>>
11/06/20082:01AMUKREGInterim Results
RNS Number : 5673H Vedanta Resources PLC 06 November 2008 Vedanta Resources plc Interim Results for the Six Months Ended 30 September 2008 Highlights * Financial Performance - Group Revenue up 2.2% to $3.9 billion - Group EBITDA at $1.2 billion, impacted by lower... More...>>
11/05/20085:56AMTFNFUPDATE 1-M.Stanley cuts targets on several UK metals, mining cos
(Adds details) Nov 5 (Reuters) - Morgan Stanley cut its price targets on several UK metals and mining companies, with the exception of Antofagasta Plc, citing lower commodity prices and a weak metal demand growth. "We now anticipate a very weak first-half of 2009 with global demand growth close to... More...>>
11/05/20085:56AMTFNFUPDATE 1-M.Stanley cuts targets on several UK metals, mining cos
(Adds details) Nov 5 (Reuters) - Morgan Stanley cut its price targets on several UK metals and mining companies, with the exception of Antofagasta Plc, citing lower commodity prices and a weak metal demand growth. "We now anticipate a very weak first-half of 2009 with global demand growth close to... More...>>
11/05/20085:55AMTFNFBRIEF-Morgan Stanley cuts price targets on several European metals, mining cos
Nov 5 (Reuters) - METALS AND MINING COS: * Morgan Stanley raises Antofagasta PLC to overweight from underweight; price target to 500P from 410P * Morgan Stanley cuts Vedanta Resources PLC to equal-weight from overweight; price target to 1,350P from 1,500P * Morgan Stanley cuts Eurasian... More...>>
10/31/200812:30PMUKREGTotal Voting Rights
RNS Number : 2042H Vedanta Resources PLC 31 October 2008 Vedanta Resources plc Total Voting Rights In accordance with the FSA's Disclosure and Transparency Rule 5.6.1 Vedanta Resources Plc ('Vedanta') today notifies the market of the following: As at the date of this announcement Vedanta's... More...>>
10/31/20084:50AMTFNFEuropean shares fall; commods, telecoms weigh
FRANKFURT, Oct 31 (Reuters) - European stocks fell in early trade on Friday after gaining in the previous three sessions, as commodities stocks fell tracking weaker crude and metal prices and telecommunications shares slipped. At 0831 GMT, the pan-European FTSEurofirst 300 index was 0.5 percent lower at... More...>>
10/31/20084:50AMTFNFEuropean shares fall; commods, telecoms weigh
FRANKFURT, Oct 31 (Reuters) - European stocks fell in early trade on Friday after gaining in the previous three sessions, as commodities stocks fell tracking weaker crude and metal prices and telecommunications shares slipped. At 0831 GMT, the pan-European FTSEurofirst 300 index was 0.5 percent lower at... More...>>
10/24/20084:50AMUKREGNotice of Results
RNS Number : 6170G Vedanta Resources PLC 24 October 2008 Notice of Interim Financial Results Vedanta Resources plc will announce its results for the half year ended 30 September 2008 on Thursday, 6 November 2008 at 7:00 AM, London Time. Following the release, an earnings conference... More...>>
10/22/20087:39AMTFNFWRAPUP 1-Resource shares slide, Rio dismisses BHP rumours
LONDON/SYDNEY, Oct 22 (Reuters) - Slumping metals and oil prices dragged resource shares lower on Wednesday, while miner Rio Tinto Plc dismissed talk it planned to launch talks with suitor BHP Billiton Plc after speculation lifted its stock. Investors hammered mining and energy stocks on renewed fears... More...>>


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