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Resumption of mining operations at Karnataka

30th Dec 2013 08:20

RNS Number : 5303W
Vedanta Resources PLC
30 December 2013
 



30 December 2013

Vedanta Resources plc

Resumption of mining at Karnataka

Vedanta Resources Plc's subsidiary Sesa Sterlite Limited made the following announcement. Below is the complete text of the release.

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Sesa Sterlite Limited

Permission for resumption of mining operations at Karnataka

 

Goa, 28 December 2013: Sesa Goa Limited (now Sesa Sterlite Limited) received permission from the Honorable Supreme Court appointed Monitoring Committee to resume the mining activities at its Karnataka mine. Accordingly, the Company has commenced its mining operations today, in accordance with stipulated conditions.

 

The Honorable Supreme Court of India had earlier given the clearance for resumption of mining operations for A and B category mines in Karnataka, vide its order dated 18 April 2013.

 

For further information, please contact:

Investors

Ashwin Bajaj

Senior Vice President - Investor Relations

Vedanta Resources plc

 

[email protected]

Tel: +91 22 6646 1531

 

Media

Gordon Simpson

Finsbury

Tel: +44 20 7251 3801

 

About Vedanta Resources plc

Vedanta Resources plc ("Vedanta") is a London listed FTSE 100 diversified global natural resources major. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia, Australia and Sri Lanka. 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.

 

Disclaimer

This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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