Companies

Hindustan Copper to focus on mining

Our Bureau Kolkata | Updated on March 12, 2018

K.D. Diwan, the new Chairman-cum-Managing Director of Hindustan Copper Ltd, said the company would continue to maintain the focus on mining activities.

“In order to achieve this objective, the company will vigorously pursue the capacity enhancement of its mines and will develop new copper deposits in the country and other geographies," he told shareholders at the company’s 45th AGM here on Thursday.

HCL is pursuing mine expansion projects in Madhya Pradesh, Rajasthan and Jharkhand. It is also a part of the PSU consortium that has bid for an Afghan copper asset.

All resolutions, according to a press release, were approved by the shareholders. The 99.59 per cent state-owned copper producer is poised for a nominal disinvestment this fiscal.

Published on September 27, 2012

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