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Colin Bennett

Hindustan Copper to expand global presence - 1 views

  • State-owned Hindustan Copper Ltd, which has expressed interest in bidding for the development of mines in Afghanistan, is also embarking on an expansion plan to increase its mine capacity from 3.2 million tonnes to 12 million tonnes per annum in this financial year, which started in April. The monopoly producer of the metal ore is set to invest around $985 million over the next five years in its expansion drive.
Colin Bennett

Hindustan Copper Talks With Hutti Gold Mines To Revive Copper Mining - 0 views

  • Hindustan Copper, the sole government-run producer of the metal, is seeking controlling stake in the joint venture, the official said.
Colin Bennett

Hindustan Copper cut prices marginally - 0 views

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    The public sector Hindustan Copper has cut basic selling prices of cathode full and cathode cut by over one per cent or Rs 400 per tonne effective today to bring them in line with global prices
Colin Bennett

Hindustan Copper to raise Rs 1,700 cr via FPO - 0 views

  • The public sector copper producer Hindustan Copper (HCL) today said it will come out with a follow-on public offer (FPO) to raise Rs 1,700 crore by diluting 10 per cent stake for part-funding its expansion plans.
Colin Bennett

Hindustan Copper, India's Government Plan Share Sale - 0 views

  • Hindustan Copper Ltd., India's largest state-owned producer, and the government plan to sell as much as 40 billion rupees ($873 million) of stock as part of a record sell-off of assets.
Colin Bennett

Hindustan Copper looking at technical tie-up with Chile's Codelco - 0 views

  • State-run Hindustan Copper may forge a technical tie-up with Chile’s government-owned copper producer Codelco for the development of its Malanjkhand mine in Madhya Pradesh.
Colin Bennett

Shakeel Ahmed is new Hindustan Copper chief - 0 views

  • Kolkata, Oct 28 : Public sector undertaking Hindustan Copper Wednesday said Railway Board advisor Shakeel Ahmed will be its next chairman and managing director.
Panos Kotseras

India - Hindustan Copper expects a rise in demand due to Japan's post-quake reconstruction - 0 views

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    Indian copper miner Hindustan Copper Limited said that demand for copper and copper prices are expected to rise due to the reconstruction work in Japan after the earthquake. It was reported that Japan accounts for about 5% of global copper demand but this will increase as long as reconstruction begins. However, the global demand outlook is negatively impacted by the ongoing unrest in Libya and high oil prices.
Colin Bennett

Hindustan Copper share sale likely n November - 0 views

  • He also said India's copper output was seen at 12 million tonnes in five to seven years.
Colin Bennett

"Regulatory practices shielded Indian industry" - 0 views

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    During the inaugural address, P Parvathisem, former president, IIM and former CMD of NALCO and also Hindustan Copper Ltd, said that India remained unaffected by the global meltdown mainly because of various regulatory and control mechanisms and by nature being conservative in our approach. India was expected to grow at about 7 per cent. India witnessed substantial growth, progress in Zinc and Copper production and have to progressively invest in exploration and mining. In case of Aluminium, India was endowed with rich deposits and required R&D efforts for making Alumina. In case of lead, we should strive to develop it in a big way, he said.
Colin Bennett

India copper demand, exports seen up - 0 views

  • NEW DELHI, Jan 29 - India's copper demand will rise 7 percent this year, fed by strong growth in the power, automobile, construction and infrastructure sectors, but rising output will help exports jump, the head of a leading producer said on Friday. "There is no reason why copper, which is a basic ingredient in these sectors, won't grow around 7 percent," Shakeel Ahmed, chairman and managing director of state-run Hindustan Copper Ltd, told Reuters from India's eastern city of Kolkata.
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