Multi Commodity Exchange of India Ltd. (MCX), an independent commodity exchange based in India, has launched a futures contracts in MINI Zinc (Contract Size 1 MT). Contracts of zinc mini will initially start by June and July and by that time more contracts will be introduced. Praveen Singh, an analyst with Sharekhan Commodities is quoted [...]
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Tuesday, May 11, 2010
The world's largest zinc producer, India-focused mining group Vedanta Resources solidified its top position on May 10 announcing the purchase of Anglo American's zinc assets in Africa and Ireland. Obtaining 11 percent of global zinc production by increasing its capacity by 37 percent, the company expects to make a positive return on its investment within 3 years.
Continue reading "Galvanizing African and Irish Zinc Resources"
Thursday, August 20, 2009
India’s Hindustan Zinc Ltd. has lowered its zinc price by INR1,500 a metric ton to INR105,600/ton, effective immediately. For full story, click here
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Thursday, August 13, 2009
Hindustan Zinc, part of Vedanta Resources, on Wednesday declared that its first quarter net slipped 15.2% due to a sharp fall in metal prices on the London Metal Exchange. For full story, click here
Continue reading "Hindustan Zinc Q1 Net Dipped 15% on Weak Metal Prices"
Monday, July 27, 2009
Hindustan Zinc, part of Vedanta Resources, on Wednesday declared that its first quarter Net Profit slipped 15.2% due to a sharp fall in metal prices on London Metal Exchange. For full story, click here
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Tuesday, July 14, 2009
Hindustan Zinc Ltd declared that a meeting of the Board of Directors of the Company will be held on July 22, 2009, inter alia, to consider unaudited financial results with limited review for the first quarter ended June 30, 2009. For full story, click here
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Monday, July 6, 2009
Hindustan Zinc’s June quarter sales are expected to go down by 19.7% on YoY basis. For full story, click here
Continue reading "Hindustan Zinc Q1 PAT saw a dip in sales"
Monday, June 15, 2009
McNally Bharat Engineering Co. declared that it has won a 3 billion-rupee-order from Hindustan Zinc. For full story, click here
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Thursday, May 28, 2009
Hindustan Zinc Limited, the operating company of Vedanta in Zinc & Lead business is on its path to further expand or debottleneck its mining and smelting capacities and is interested to sell Metal Residue, Silver Rich Low Grade Lead Concentrate, Aluminum & Metal Scrap, Other Scrap and Allen DG Set, Dumpers, BEML-Excavator, Drill Machine, Fork [...]
Continue reading "Vedanta e auction to be held on May 26th to May 28th"
Monday, May 25, 2009
Hindustan Zinc will become the world’s leading integrated zinc-lead producer with a capacity to produce more than 1 million tonne of the metal. For full story, click here
Continue reading "Hindustan Zinc has set to become top producer"
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Tuesday, May 25, 2010