August 10, 2014
Increase in demand and widening deficit to support price rise
Hyderabad, Aug 4
Iron ore producer NMDC today said it has kept prices of its products unchanged for the month of August, a development that will bring some relief to steel makers.The miner will continue its...
Kolkata, July 17
Mineral lobbies oppose reservation of resources for domestic use
Mumbai, July 3
Given the rising oil prices, poor monsoon and inflation already nearing double digits, the challenges become even more testing, the association has said.
July 1, 2014
The nickel futures contract traded on the Multi Commodity Exchange has risen sharply by 9 per cent from its low of ₹1,047.3 a kg recorded on June 12. The outlook is bullish and it offers...
June 26, 2014
Whether it’s Libor or gold, the story is the same, with Barclays once again at the centre of controversy »
Hyderabad, June 15
Company signs its first acquisition deal in India with the National Institute of Fire Education
Mangalore, June 5
KIOCL Ltd will operate and maintain iron ore beneficiation and pellet plants for NMDC at Donimalai in Karnataka. Chairman and Managing Director of KIOCL Malay Chatterjee briefed this to...
BL Research Bureau
Copper prices tumbled in March as China, the world’s largest consumer of the commodity, witnessed its first domestic corporate default. Chinese companies use copper as a security to...
London, May 15
Vedanta Resources today reported $196 million attributable loss for the 2013-14 fiscal on lower revenue and operating profit. The London Stock Exchange-listed diversified global resource...
New Delhi, August 8
The former Rio Tinto Chief Executive, Tom Albanese, has taken over as Chief Executive Officer of Vedanta Resources Plc at a time when the Group’s mining business in India and overseas is facing...
Chennai, July 21
The red metal may not rise for now here
July 10, 2014
Bauxite export duty increased but no tax-break for construction of iron ore pipes »
July 2, 2014
Copper futures contract traded on the Multi Commodity Exchange (MCX) has shot up over one per cent in the past week. Strong US housing data released last week and improved Purchasing Managers’ Ind...
June 29, 2014
That could shift if the land acquisition law is changed
Hyderabad/ Mumbai, June 16
In a major setback to Tata Steel, the Orissa High Court has passed an interim order restraining the State Government from taking a final decision on the grant or renewal of the company’s mining li...
Bangalore, June 13
The Confederation of Indian Industry has urged the Ministry of Mines to declare mining as a strategic and infrastructure sector, critical for the nation’s manufacturing growth, creating employment...
Mumbai, Jun 5
Metal stocks on Thursday rose by as much as 6.5 per cent on bullish investor sentiment amid positive China factory survey earlier this week. Shares of Sesa Sterlite ended at Rs 314.45, up 6...
Mumbai, May 18
Tata Steel, which had faced issues over iron ore mining leases, has urged the new government to come out with a clear policy measure to aid overall growth.
TV Narendran, Managing Director...
Kolkata, May 9
Awaits locals consent, working with Odisha Govt for alternative options