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Supreme Court clearance on Karnataka Mining

19th Apr 2013 09:35

RNS Number : 7727C
Vedanta Resources PLC
19 April 2013
 



19 April 2013

Vedanta Resources plc

Supreme Court clears Karnataka Mining

 

Vedanta Resources plc's subsidiary, Sesa Goa Limited issued the following release today.

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19 April 2013

Sesa Goa Limited

Supreme Court clears Karnataka Mining

The Honorable Supreme Court of India has given clearance for resumption of mining operations for A and B category mines in Karnataka subject to statutory clearances, vide its order dated 18 April 2013.

 

Sesa Goa's Karnataka mine falls under B category, and we are in the process of securing the necessary statutory clearances to resume mining shortly.

Mr. PK Mukherjee, MD, Sesa Goa Ltd., said, "We welcome this order, and are working towards resuming our mining operations in Karnataka."

 

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
 
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