array(3) { ["company_details"]=> array(13) { ["name"]=> string(25) "CONCORD RESOURCES LIMITED" ["slug"]=> string(34) "b9d0e-gb-concord-resources-limited" ["logo"]=> NULL ["description"]=> string(923) "We operate on the belief that our people are our core assets and we consistently endeavour towards developing their potential to be our future leaders and key employees. We currently operate in India, Zambia, Namibia, South Africa, Ireland and Australia through our various subsidiaries. We seek to attract talent especially in mining, metallurgy, geology, smelting and sustainability for our worldwide operations. Empowerment of the community requires a synergic satisfaction of human needs and our view is that a shared destiny approach will benefit the community and boost economic prosperity. With a business model of growth, constant value creation and improved operations, the company's vision is focused towards sustainably satisfying the needs of all our stakeholders by engaging the community we operate in. We have adopted a positive attitude to make our Sustainable Development initiatives successful for all. " ["address_street"]=> string(20) "3 St. James's Square" ["address_place"]=> string(6) "LONDON" ["address_region"]=> NULL ["founding_date"]=> string(10) "2015-09-22" ["website_domain"]=> NULL ["website_url"]=> NULL ["industry_codes"]=> array(3) { [0]=> string(50) "Miscellaneous Metal Ores, Not Elsewhere Classified" [1]=> string(48) "Miscellaneous Nonmetallic Minerals, Except Fuels" [2]=> string(42) "Nondurable Goods, Not Elsewhere Classified" } ["employee_count"]=> int(51) ["article_count"]=> int(491) } ["articles"]=> array(9) { [0]=> array(7) { ["title_en"]=> string(94) "Neocolonial debt, extractivism, and the roots of Zambia’s economic crisis : Peoples Dispatch" ["snippet_en"]=> string(122) "Two of Zambia’s key copper mines have returned to foreign private control, as the country is facing a major debt crisis." ["url"]=> string(110) "https://peoplesdispatch.org/2024/01/19/neocolonial-debt-extractivism-and-the-roots-of-zambias-economic-crisis/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/d12b9391-0039-4ab3-9c94-114badfa1d1b" ["source"]=> string(19) "peoplesdispatch.org" ["publication_date"]=> string(10) "2024-01-19" ["categories"]=> array(7) { [0]=> string(24) "Systemic Risk Management" [1]=> string(18) "Expansion & Growth" [2]=> string(11) "Acquisition" [3]=> string(18) "Financial Distress" [4]=> string(19) "Economic Conditions" [5]=> string(5) "Debts" [6]=> string(6) "Crisis" } } [1]=> array(7) { ["title_en"]=> string(76) "S&P downgrades Vedanta Resources to 'selective default' after debt extension" ["snippet_en"]=> string(201) "S&P Global Ratings has downgraded debt-laden Vedanta Resources Ltd to selective default after the mining conglomerate concluded a deal with creditors to extend the maturities of its three dollar bonds." ["url"]=> string(118) "https://www.zeebiz.com/companies/news-sp-downgrades-vedanta-resources-to-selective-default-after-debt-extension-272028" ["image_url"]=> string(78) "https://images.businessradar.com/articles/834056a5-1c68-4c78-8902-17acc175e07b" ["source"]=> string(10) "zeebiz.com" ["publication_date"]=> string(10) "2024-01-12" ["categories"]=> array(5) { [0]=> string(15) "Deals & Tenders" [1]=> string(22) "Financing Arrangements" [2]=> string(18) "Financial Distress" [3]=> string(5) "Debts" [4]=> string(13) "Credit Rating" } } [2]=> array(7) { ["title_en"]=> string(82) "Moody’s downgrades Vedanta after debt restructuring gets creditors’ acceptance" ["snippet_en"]=> string(162) "NEW DELHI: A week after Vedanta creditors overwhelmingly voted in favour of its debt restructuring plans, Moody’s Investors Service downgraded the corporate fam" ["url"]=> string(143) "https://www.newindianexpress.com/business/2024/Jan/10/moodys-downgrades-vedanta-after-debt-restructuring-gets-creditors-acceptance-2649641.html" ["image_url"]=> string(78) "https://images.businessradar.com/articles/f7725824-027d-4605-88d5-ff284d4e873c" ["source"]=> string(20) "newindianexpress.com" ["publication_date"]=> string(10) "2024-01-10" ["categories"]=> array(3) { [0]=> string(18) "Financial Distress" [1]=> string(5) "Debts" [2]=> string(22) "Business Restructuring" } } [3]=> array(7) { ["title_en"]=> string(84) "Vedanta Resources' bondholders back debt restructuring plan for four series of bonds" ["snippet_en"]=> string(151) "The company had last year proposed a restructuring of four series of bonds maturing in 2024, 2025, and 2026 to alleviate its substantial debt liability" ["url"]=> string(153) "https://www.businesstoday.in/latest/corporate/story/vedanta-resources-bondholders-back-debt-restructuring-plan-for-four-series-of-bonds-411760-2024-01-03" ["image_url"]=> string(78) "https://images.businessradar.com/articles/12f12b30-5656-408d-a55e-7b430de19e2e" ["source"]=> string(16) "businesstoday.in" ["publication_date"]=> string(10) "2024-01-03" ["categories"]=> array(5) { [0]=> string(22) "Financing Arrangements" [1]=> string(22) "Business Restructuring" [2]=> string(18) "Financial Distress" [3]=> string(26) "Product Quality and safety" [4]=> string(5) "Debts" } } [4]=> array(7) { ["title_en"]=> string(68) "Vedanta secures $1.25 bn for debt refinancing; S&P downgrades rating" ["snippet_en"]=> string(299) "New Delhi, Dec 14( PTI) Vedanta Resources Ltd( VRL), the UK-headquartered parent company of Vedanta group, said it has secured a USD 1.25 billion loan from private credit lenders to refinance/repay part of the USD 3.2 billion debt maturing in 2024 and 2025, but this did not prevent S& P Global from" ["url"]=> string(120) "https://www.deccanherald.com/business/companies/vedanta-secures-125-bn-for-debt-refinancing-sp-downgrades-rating-2810968" ["image_url"]=> string(78) "https://images.businessradar.com/articles/be5658d7-9b86-4525-bc47-baa8adcece34" ["source"]=> string(16) "deccanherald.com" ["publication_date"]=> string(10) "2023-12-14" ["categories"]=> array(5) { [0]=> string(22) "Financing Arrangements" [1]=> string(25) "Business Model Resilience" [2]=> string(18) "Financial Distress" [3]=> string(5) "Debts" [4]=> string(13) "Credit Rating" } } [5]=> array(7) { ["title_en"]=> string(75) "Vedanta Resources to raise $1.25 bn through foreign investors at high rates" ["snippet_en"]=> string(165) "While foreign debt typically carries interest rates ranging from 10-12%, Vedanta's loans have been offered at 18% interest rate for three years, beginning in January" ["url"]=> string(143) "https://www.business-standard.com/companies/news/vedanta-resources-to-raise-1-25-bn-through-foreign-investors-at-high-rates-123120800192_1.html" ["image_url"]=> string(78) "https://images.businessradar.com/articles/2b7db5a7-b088-488a-8ae6-c2d1fe9fead0" ["source"]=> string(21) "business-standard.com" ["publication_date"]=> string(10) "2023-12-08" ["categories"]=> array(5) { [0]=> string(19) "Foreign Development" [1]=> string(18) "Financial Distress" [2]=> string(19) "Economic Conditions" [3]=> string(5) "Debts" [4]=> string(9) "Investors" } } [6]=> array(7) { ["title_en"]=> string(56) "Vedanta plunges into Rs 1,783cr loss in July-Sep quarter" ["snippet_en"]=> string(241) "Mumbai, Nov 4: Billionaire Anil Agarwal-controlled Vedanta Resources has piled up a consolidated net loss of Rs 1,783 crore for the July-September quarter of the current financial year, the company reported in an exchange filing on Saturday." ["url"]=> string(46) "https://www.newkerala.com/news/2023/117030.htm" ["image_url"]=> string(78) "https://images.businessradar.com/articles/5c561d65-842e-4fb9-b402-42de8eb4ce1f" ["source"]=> string(13) "newkerala.com" ["publication_date"]=> string(10) "2023-11-05" ["categories"]=> array(3) { [0]=> string(18) "Financial Distress" [1]=> string(24) "Quarterly/Annual Figures" [2]=> string(31) "Financial Update/Profit Warning" } } [7]=> array(7) { ["title_en"]=> string(64) "Vedanta plans to meet investors as it faces $2 billion debt bill" ["snippet_en"]=> string(278) "Vedanta Resources Ltd. is reportedly planning to meet bondholders in Singapore and Hong Kong to discuss the repayment of its $2 billion of notes due next year. The junk-rated Indian miner's bonds are currently trading below 75 cents on the dollar, indicating financial distress." ["url"]=> string(164) "https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-plans-to-meet-investors-as-it-faces-2-billion-debt-bill/articleshow/103461904.cms" ["image_url"]=> string(78) "https://images.businessradar.com/articles/afe57551-7d5f-4070-9985-adebf17b24fd" ["source"]=> string(14) "indiatimes.com" ["publication_date"]=> string(10) "2023-09-07" ["categories"]=> array(4) { [0]=> string(18) "Financial Distress" [1]=> string(19) "Economic Conditions" [2]=> string(25) "Business Model Resilience" [3]=> string(22) "Financing Arrangements" } } [8]=> array(7) { ["title_en"]=> string(77) "Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan" ["snippet_en"]=> string(257) "The loan deal, if sealed, will take care of debt repayments until January without the need to restructure the bonds. The discussions regarding lending rates are currently in progress and the loan could be priced around 14-15% with a duration of three years." ["url"]=> string(177) "https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/vedanta-resources-in-talks-with-standard-chartered-bank-for-1-3-billion-loan/articleshow/103405843.cms" ["image_url"]=> string(78) "https://images.businessradar.com/articles/58ddf693-5118-4a34-99bf-c052e630ec73" ["source"]=> string(14) "indiatimes.com" ["publication_date"]=> string(10) "2023-09-06" ["categories"]=> array(3) { [0]=> string(18) "Financial Distress" [1]=> string(22) "Financing Arrangements" [2]=> string(14) "Government Aid" } } } ["category_annotations"]=> array(30) { [0]=> array(2) { ["name"]=> string(5) "Debts" ["count"]=> int(87) } [1]=> array(2) { ["name"]=> string(12) "Stock Market" ["count"]=> int(41) } [2]=> array(2) { ["name"]=> string(18) "General Investment" ["count"]=> int(34) } [3]=> array(2) { ["name"]=> string(5) "Legal" ["count"]=> int(21) } [4]=> array(2) { ["name"]=> string(11) "Acquisition" ["count"]=> int(19) } [5]=> array(2) { ["name"]=> string(24) "Quarterly/Annual Figures" ["count"]=> int(17) } [6]=> array(2) { ["name"]=> string(13) "Credit Rating" ["count"]=> int(16) } [7]=> array(2) { ["name"]=> string(19) "Investment Requests" ["count"]=> int(15) } [8]=> array(2) { ["name"]=> string(12) "Board Change" ["count"]=> int(14) } [9]=> array(2) { ["name"]=> string(19) "Government Policies" ["count"]=> int(14) } [10]=> array(2) { ["name"]=> string(22) "Financing Arrangements" ["count"]=> int(13) } [11]=> array(2) { ["name"]=> string(10) "Divestment" ["count"]=> int(13) } [12]=> array(2) { ["name"]=> string(31) "Financial Update/Profit Warning" ["count"]=> int(11) } [13]=> array(2) { ["name"]=> string(18) "Financial Distress" ["count"]=> int(11) } [14]=> array(2) { ["name"]=> string(17) "Energy Management" ["count"]=> int(11) } [15]=> array(2) { ["name"]=> string(18) "Expansion & Growth" ["count"]=> int(10) } [16]=> array(2) { ["name"]=> string(12) "Staff hiring" ["count"]=> int(9) } [17]=> array(2) { ["name"]=> string(25) "Business Model Resilience" ["count"]=> int(9) } [18]=> array(2) { ["name"]=> string(24) "Government Interventions" ["count"]=> int(8) } [19]=> array(2) { ["name"]=> string(19) "Green & Responsible" ["count"]=> int(8) } [20]=> array(2) { ["name"]=> string(13) "Collaboration" ["count"]=> int(8) } [21]=> array(2) { ["name"]=> string(24) "Stock Research & Ratings" ["count"]=> int(7) } [22]=> array(2) { ["name"]=> string(9) "Valuation" ["count"]=> int(6) } [23]=> array(2) { ["name"]=> string(6) "Merger" ["count"]=> int(6) } [24]=> array(2) { ["name"]=> string(19) "Economic Conditions" ["count"]=> int(6) } [25]=> array(2) { ["name"]=> string(21) "Government Connection" ["count"]=> int(6) } [26]=> array(2) { ["name"]=> string(24) "Systemic Risk Management" ["count"]=> int(6) } [27]=> array(2) { ["name"]=> string(20) "Corporate Governance" ["count"]=> int(6) } [28]=> array(2) { ["name"]=> string(17) "Seizure of Assets" ["count"]=> int(5) } [29]=> array(2) { ["name"]=> string(9) "Investors" ["count"]=> int(5) } } } b9d0e-gb-concord-resources-limited

CONCORD RESOURCES LIMITED

Location

Founded

2015-09-22

Website

Articles

491 Articles

Category

Miscellaneous Metal Ores, Not Elsewhere Classified

Miscellaneous Nonmetallic Minerals, Except Fuels

Nondurable Goods, Not Elsewhere Classified

Description

We operate on the belief that our people are our core assets and we consistently endeavour towards developing their potential to be our future leaders and key employees. We currently operate in India, Zambia, Namibia, South Africa, Ireland and Australia through our various subsidiaries. We seek to attract talent especially in mining, metallurgy, geology, smelting and sustainability for our worldwide operations. Empowerment of the community requires a synergic satisfaction of human needs and our view is that a shared destiny approach will benefit the community and boost economic prosperity. With a business model of growth, constant value creation and improved operations, the company's vision is focused towards sustainably satisfying the needs of all our stakeholders by engaging the community we operate in. We have adopted a positive attitude to make our Sustainable Development initiatives successful for all.

Articles

Neocolonial debt, extractivism, and the roots of Zambia’s economic crisis : Peoples Dispatch

2024-01-19 (peoplesdispatch.org)

Neocolonial debt, extractivism, and the roots of Zambia’s economic crisis : Peoples Dispatch

Two of Zambia’s key copper mines have returned to foreign private control, as the country is facing a major debt crisis.

Read more
S&P downgrades Vedanta Resources to 'selective default' after debt extension

2024-01-12 (zeebiz.com)

S&P downgrades Vedanta Resources to 'selective default' after debt extension

S&P Global Ratings has downgraded debt-laden Vedanta Resources Ltd to selective default after the mining conglomerate concluded a deal with creditors to extend the maturities of its three dollar bonds.

Read more
Moody’s downgrades Vedanta after debt restructuring gets creditors’ acceptance

2024-01-10 (newindianexpress.com)

Moody’s downgrades Vedanta after debt restructuring gets creditors’ acceptance

NEW DELHI: A week after Vedanta creditors overwhelmingly voted in favour of its debt restructuring plans, Moody’s Investors Service downgraded the corporate fam

Read more
Vedanta Resources' bondholders back debt restructuring plan for four series of bonds

2024-01-03 (businesstoday.in)

Vedanta Resources' bondholders back debt restructuring plan for four series of bonds

The company had last year proposed a restructuring of four series of bonds maturing in 2024, 2025, and 2026 to alleviate its substantial debt liability

Read more
Vedanta secures $1.25 bn for debt refinancing; S&P downgrades rating

2023-12-14 (deccanherald.com)

Vedanta secures $1.25 bn for debt refinancing; S&P downgrades rating

New Delhi, Dec 14( PTI) Vedanta Resources Ltd( VRL), the UK-headquartered parent company of Vedanta group, said it has secured a USD 1.25 billion loan from private credit lenders to refinance/repay part of the USD 3.2 billion debt maturing in 2024 and 2025, but this did not prevent S& P Global from

Read more
Vedanta Resources to raise $1.25 bn through foreign investors at high rates

2023-12-08 (business-standard.com)

Vedanta Resources to raise $1.25 bn through foreign investors at high rates

While foreign debt typically carries interest rates ranging from 10-12%, Vedanta's loans have been offered at 18% interest rate for three years, beginning in January

Read more
Vedanta plunges into Rs 1,783cr loss in July-Sep quarter

2023-11-05 (newkerala.com)

Vedanta plunges into Rs 1,783cr loss in July-Sep quarter

Mumbai, Nov 4: Billionaire Anil Agarwal-controlled Vedanta Resources has piled up a consolidated net loss of Rs 1,783 crore for the July-September quarter of the current financial year, the company reported in an exchange filing on Saturday.

Read more
Vedanta plans to meet investors as it faces $2 billion debt bill

2023-09-07 (indiatimes.com)

Vedanta plans to meet investors as it faces $2 billion debt bill

Vedanta Resources Ltd. is reportedly planning to meet bondholders in Singapore and Hong Kong to discuss the repayment of its $2 billion of notes due next year. The junk-rated Indian miner's bonds are currently trading below 75 cents on the dollar, indicating financial distress.

Read more
Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan

2023-09-06 (indiatimes.com)

Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan

The loan deal, if sealed, will take care of debt repayments until January without the need to restructure the bonds. The discussions regarding lending rates are currently in progress and the loan could be priced around 14-15% with a duration of three years.

Read more

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