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Vedanta declared as preferred bidder for Cudnem mineral block in Goa

Monday, 12 Jun 2023
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Vedanta has been declared as the preferred bidder for the iron ore mine in the auction held by the Department of Mines & Geology, Goa, on 25 January, 2023. 

The company has successfully bid for the Block VII-Cudnem Mineral Block in Goa. In the bid, Vedanta quoted the highest final offer price, which is 93.15 percent.

Vedanta is a natural resources conglomerate engaged in aluminium, zinc-lead-silver, oil and gas, nickel and similar sectors. The company has footprints across India, South Africa, Namibia and Liberia.

 
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