Mumbai, September 19
Global commodity prices have fallen across the board in the current quarter and in a more pronounced way so far in September. Crude, precious metals, base metals and agriculture have all taken pri...
September 14, 2014
But global prices have been hurt by a surge in supplies and weakness in Chinese demand
Kolkata, Sept 12
The Union Government appears to have come closer to prefer auction for mineral resource allocations. Syedain Abbasi, Joint Secretary of the Ministry of Steel, said here on Friday that th...
New Delhi, Aug 29
Indian companies have already expressed interest in mining uranium — the key input for nuclear power plants — in Queensland, Australia even before a formal agreement is signed between the two count...
Jamshedpur, Aug 15
Pitching for proper utilisation of resources, Tata Steel MD (India and South East Asia) T V Narendran today said it is “unfortunate” that steel and iron ore are being imported by a country blessed...
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...
September 17, 2014
The copper futures contract traded on the Multi Commodity Exchange continues to move sideways for the sixth consecutive week. The contract has moved within the ₹414-₹435 a kg range since early Aug...
Pune, September 12
Move to open up imports of minerals, metals here »
New Delhi, Aug 29
Australian state Queensland is soliciting investments from Indian corporates for mining uranium and coal to enhance economic ties between the two sides.
Few Indian private sector players...
Mangalore, August 26
KIOCL Ltd (formerly Kudremukh Iron Ore Company Ltd) has begun export of iron ore pellets to China from New Mangalore Port.
A press release by KIOCL Ltd said here on Tuesday that...
Thiruvananthapuram, Aug 14
The Kerala Cabinet has decided to lift restrictions on mining of minor minerals, including quarrying.
The State Government had instructed the Director of Mining and Geology on July 17 to...
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