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Vedanta names South African miner AngloGold Ashanti's CEO to top job


(Reuters) - Diversified miner Vedanta Resources Plc on Monday named South African miner AngloGold Ashanti Ltd's Srinivasan Venkatakrishnan as chief executive officer.Venkatakrishnan's appointment comes as a rebound in metals prices has prompted the miner to expand production of zinc and aluminium, enabling it to continue its recovery after being particularly hard hit by the commodities slump that ended in 2016. However, the company has been facing protests against a proposed expansion of the company's copper smelting plant in southern India and said last month it would take a charge up to ...

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First Published: Mon, April 16 2018. 13:19 IST