Vedanta Could Get Into Gold Mining

- October 1st, 2013

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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