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Vedanta Resources accepts bids worth $800 million for dollar bonds, bankers say
On: November 26, 2024 Comments: 0

Vedanta Resources accepts bids worth $800 million for dollar bonds, bankers say

UK-based Vedanta Resources, parent of India’s Vedanta, has accepted bids worth $800 million for two planned dollar bonds to refinance outstanding debt due in 2028, two bankers said on Tuesday. The company will pay a coupon of 10.25% on three-year and six-month bonds and 11.25% on seven-year bonds, the bankers said, compared with the initial […]

Application of remote sensing in mining
On: November 25, 2024 Comments: 0

Application of remote sensing in mining

Remote sensing technology is widely used in detection of earth resources, prediction of earthquake and volcanic eruption, monitoring of environmental pollution as well as departments such as metallurgy, geology, oil, agriculture, forestry, water conservancy, surveying and mapping, weather, ocean and so on. Remote sensing technology is superior with characteristics of wide range, fast speed and […]

Resolute Mining's CEO and two executives released by Mali government
On: November 21, 2024 Comments: 0

Resolute Mining's CEO and two executives released by Mali government

Australia’s Resolute Mining said on Thursday its CEO Terence Holohan and two other employees, who were detained by the Mali government earlier this month, have been released from the country. Resolute’s CEO and two executives were detained in Mali’s capital Bamako to hold discussions with mining and tax authorities regarding general activities related to the company’s business practices, […]

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