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    Vedanta Could Get Into Gold Mining

    Investing News Network
    Oct. 01, 2013 10:06AM PST
    Gold Investing

    NDTV Profit reports that Vedanta Resources, a diversified resources conglomerate, is looking to expand into gold mining and is looking at now-defunct Bharat Gold Mines Ltd (BGML), which owns the famous Kolar gold mines in Karnataka State, India.

    NDTV Profit reports that Vedanta Resources, a diversified resources conglomerate, is looking to expand into gold mining and is looking at now-defunct Bharat Gold Mines Ltd (BGML), which owns the famous Kolar gold mines in Karnataka State, India.

    As quoted in the market news:

    Vedanta Chairman Anil Agarwal told PTI that the government should begin the process of selling the assets of BGML “as quickly as possible” as the Supreme Court has already approved the asset sale plan.

    Read the full story on NDTV Profit here

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