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New Oxygen Eye Mask Products Introduced by VIIcode

New Oxygen Eye Mask Products Introduced by VIIcode

VIICode have added several new products to their line of beauty products. Now, they are selling a...

NIIT exalts PM Modi’s Skill India Campaign

NIIT exalts PM Modi’s Skill India Campaign

Commits to train 10 Million young Indians across 16 industry sectors in 5 years Announces the...

Dynamic Blending Specialists, LLC Gains Membership to the Natural Products Association

Dynamic Blending Specialists, LLC Gains Membership to the Natural Products Association

Dynamic Blending Specialists have been approved for full membership to the Natural Products...

Just listed in Saddle River Grand – 126 Cortland Drive, Saddle River, NJ

Just listed in Saddle River Grand – 126 Cortland Drive, Saddle River, NJ

Michael Shetler of Keller Williams Village Square Realty has just listed for sale a townhouse at...

Labelnet prepares for next growth phase as the company is predicted to hit yearly turnover of £3.75m

Leading UK label manufacturer Labelnet is heading towards an annual turnover of £3.75m in 2015,...

Tarock Music Releases Rick Shaffer’s “JITTERBUG SHAKE”

Tarock Music Releases Rick Shaffer’s “JITTERBUG SHAKE”

Tarock Music’s release of Jitterbug Shake marks the sixth solo album by The Reds® guitarist Rick...

VITNE RELEASES MUSIC VIDEO FOR NEW “ENDLESS BLUE” EP

  Vitne (solo rock project of American singer Jo Kimbrell) has just released a brand new...

“Coming Back To Life”: Alterego Vibe’s New Music Videoclip

“Coming Back To Life”: Alterego Vibe’s New Music Videoclip

Alterego Vibe's latest single release “Coming Back to Life” has already stirred up early...

BluePi Consulting is Sponsoring Annual AWS Enterprise Summit 2015, India

BluePi Consulting is Sponsoring Annual AWS Enterprise Summit 2015, India

Gurgaon - AWS Summit 2015, the most awaited platform to know the latest in the...

Hip hop artists 'TNT FAMILLE' to release debut album titled “Evolv3 The Foundation” hosted by DJ Smallz & DJ Kash

Hip hop artists 'TNT FAMILLE' to release debut album titled “Evolv3 The Foundation” hosted by DJ Smallz & DJ Kash

Hip hop artists ‘TNT FAMILLE’ are set to release their debut album titled “Evolv3 The Foundation”...

  • New Oxygen Eye Mask Products Introduced by VIIcode

    New Oxygen Eye Mask Products Introduced by VIIcode

    Wednesday, 29 July 2015 01:05
  • NIIT exalts PM Modi’s Skill India Campaign

    NIIT exalts PM Modi’s Skill India Campaign

    Wednesday, 22 July 2015 18:23
  • Dynamic Blending Specialists, LLC Gains Membership to the Natural Products Association

    Dynamic Blending Specialists, LLC Gains Membership to the Natural Products Association

    Tuesday, 21 July 2015 16:31
  • Just listed in Saddle River Grand – 126 Cortland Drive, Saddle River, NJ

    Just listed in Saddle River Grand – 126 Cortland Drive, Saddle River, NJ

    Wednesday, 15 July 2015 16:14
  • Labelnet prepares for next growth phase as the company is predicted to hit yearly turnover of £3.75m

    Friday, 03 July 2015 13:32
  • Tarock Music Releases Rick Shaffer’s “JITTERBUG SHAKE”

    Tarock Music Releases Rick Shaffer’s “JITTERBUG SHAKE”

    Thursday, 02 July 2015 11:53
  • VITNE RELEASES MUSIC VIDEO FOR NEW “ENDLESS BLUE” EP

    Wednesday, 01 July 2015 11:35
  • “Coming Back To Life”: Alterego Vibe’s New Music Videoclip

    “Coming Back To Life”: Alterego Vibe’s New Music Videoclip

    Wednesday, 01 July 2015 01:04
  • BluePi Consulting is Sponsoring Annual AWS Enterprise Summit 2015, India

    BluePi Consulting is Sponsoring Annual AWS Enterprise Summit 2015, India

    Wednesday, 17 June 2015 16:06
  • Hip hop artists 'TNT FAMILLE' to release debut album titled “Evolv3 The Foundation” hosted by DJ Smallz & DJ Kash

    Hip hop artists 'TNT FAMILLE' to release debut album titled “Evolv3 The Foundation” hosted by DJ...

    Tuesday, 16 June 2015 16:19
Africa strategy anchored in Zambia’s Copperbelt, Southern African zinc and West African iron ore Tom Albanese, CEO of Vedanta Resources plc, outlined his vision for Vedanta in Africa while delivering a keynote address at the Mining on Top summit in London this morning, which brought together senior government officials, the mining industry, investors and civil society. ‘’Vedanta Resources has been in Africa now for more than a decade, and I am bullish about the potential, both of our existing companies and their opportunities but also for the future of mining across Africa.’’ Speaking about the mining industry’s contribution to economic development, Mr Albanese said, ‘’mining has already created much that is positive, but there are new expectations of what we need to do in the future. I suggest that we can indeed create yet more value, building on a century’s learning and leveraging what we do across the African continent, to provide more benefits, more advantages and more wealth for all stakeholders.’’ Introducing Vedanta’s operations in Southern Africa, Tom Albanese said: ‘’Part of our new vision at Vedanta is for an integrated zinc/lead business in southern Namibia and the Northern Cape of South Africa, creating an integrated zinc smelter/refinery complex at Rosh Pinah. We will be looking to see how we can further leverage this economically in an area of high unemployment and a fragile arid zone biodiversity. This becomes our zinc anchor in Africa.’’ ‘’In the Zambian Copperbelt, at KCM, we continue to invest and to develop. Vedanta paid $261 million to acquire a 79.4% stake in KCM. We have invested $2.9 billion over the last decade in a new copper smelter, 3 new concentrators, a tailings leach plant and new underground facilities. We have reinvested all of our earnings back into the company. This has supported the creation of 5,000 new construction jobs and in the meantime, salaries at KCM have more than doubled in real terms. In support of wider economic development in the area, we continue to expand our vocational technical college – one of the largest private sector facilities in the region. We have paid more than $850 million in taxes and local rates. To add to this, we have spent $120 million on local community initiatives in areas including malaria prevention, sustainable agriculture, school, clinics and community healthcare.’’ Mr Albanese went on to say that ‘for technical reasons that have delayed the ramp-up of copper production after these massive investments, KCM has been loss-making of late and some challenges remain, but to be clear, Vedanta Resources is committed to KCM and to Zambia. We have a 50 year vision for KCM and opportunities in the Copperbelt as our copper and cobalt anchor for our future African growth.’ Turning to West Africa, Mr Albanese said, ‘we have an opportunity to be an important part of the Liberian economy with a phased ramp-up of our Western Cluster business as we develop the necessary infrastructure.’’ He concluded his speech with a call to action to create real sustainability in mining. ‘’Some have suggested that mining sustainability is an oxymoron: how can digging up and removing something be sustainable? But I believe that mining can be sustainable if we are putting back an equal value of future opportunity. At Vedanta, we appreciate how we need to do this and we will continue to engage widely to create this shared value. Creating future opportunities in return for today’s commodities is not just a ‘nice to have’: it is essential for the sustainability of our companies, our industry, our communities and the nations and people of Africa.’’ About Vedanta Resources Plc Vedanta Resources plc (“Vedanta”) is a London listed diversified global resources major. The group produces Aluminium, Copper, Zinc, Lead, Silver, Iron ore, Power, and Oil and Gas. Vedanta has world-class assets in India, Zambia, South Africa, Namibia, Ireland, Liberia, Australia and Sri Lanka and a strong organic growth pipeline of projects. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of entrepreneurship, excellence, trust, inclusiveness and growth. For more information, please visit: www.vedantaresources.com Copies of the speech are available at www.vedantaresources.com For further information, please contact: Roma Balwani Executive Vice President Group Communications & CSR Tel: +91 22 6646 1330 This email address is being protected from spambots. You need JavaScript enabled to view it.
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Author: Vedanta Zinc InternationalEmail: This email address is being protected from spambots. You need JavaScript enabled to view it.

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