India

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India needs to import 1m tonnes of iron ore per month

Frik Els | May 9, 2013
India needs to import 1m tonnes of iron ore per month

The Asian nation has gone from world's number three exporter to an importer in two short years.

India's Supreme Court clears way for Posco to build $12bn iron ore mining plant

High court sets aside lower court decisions for South Korean miner.

Coal plant emissions in India killed 115,000 in a year

Cecilia Jamasmie | April 29, 2013
Coal plant emissions in India killed 115,000 in a year

Study shows they also caused additional health issues such as an alarming increase of heart attacks.

SLIDESHOW: Mining billionaires 2013

Frik Els | April 28, 2013
SLIDESHOW: Mining billionaires 2013. How the mighty have fallen

How the mighty have fallen.

New row over $33bn coal scam could topple Indian prime minister

Frik Els | April 28, 2013
New row over $33bn coal scam threatens to topple Indian prime minister

Current PM Manmohan Singh was in charge of the coal ministry when $33bn in coal proceeds never materialized.

Gold rush in India, China as price plummets

Kerry Hall | April 22, 2013
India's Golden Temple

Retailers in both countries report huge sales boosts as consumers flock to stores.

VIDEO: India plans new trading hub for rough diamonds

Kerry Hall | April 21, 2013
Rough diamonds with loupe

Country to increase competition with Dubai and Belgium.

Unique pink diamond fetches almost $40 million in NYC

Cecilia Jamasmie | April 18, 2013
Unique pink diamond fetches almost $40 million in NYC

It is the second-highest price ever paid for a gem sold at auction.

Spark could ignite fresh fundamental buying in gold, while silver technicals remain negative

Dubai Chronicle | April 7, 2013
Gold tigers

The European Central Bank (ECB) leaves the key interest rate unchanged at 0.75 per cent.

Why you need to wait to buy gold jewelry

Dubai Chronicle | April 6, 2013
Diamond ring put on finger

Gold jewelry will be much cheaper in a few months, precisely in the summer, as some forecast the price of gold will decline to $1200-$1300 per ounce.

Rare pink diamond heads to auction block with $40m sales estimate

Kerry Hall | April 5, 2013
Princie pink diamond

Some jewellers estimate it will sell for about $40 million dollars.

You can stop worrying about ETF outflows now. Indian gold imports have surged 41%

Frik Els | March 21, 2013
You can stop worrying about ETF outflows now. Indian gold imports have surged 41%

India's imports averaging 87 tonnes a month helps to explain resilience of gold price despite record ETF outflows.

Gold investors deaf to Fed stimulus talk as India joins ETF sell-off

Frik Els | March 20, 2013
Gold investors deaf to Fed stimulus talk as India joins ETF sell-off

Ben Bernanke stays on path to $4 trillion, but gold attracts no inflation-hedge buying.

Frik Els

160-year study of real commodity prices sees beginning of the end of the supercycle

Frik Els | March 15, 2013
160-year study of real commodity prices sees beginning of the end of the supercycle

For those with a very long time horizon, the news is good though.

India becomes net importer as punitive iron ore export tax is extended

Frik Els | February 28, 2013
India becomes net importer as punitive iron ore export tax is extended

From 120m tonnes to less than zero in four years.

Potash prices expected to steady

Kerry Hall | February 26, 2013
Potash

China and India deals will spark the market back to life such that prices are unlikely to fall below current levels of $400 to $420 per tonne.

Michael Allan McCrae

'There is nothing intelligent to be said about gold': Oaktree Capital founder

Michael Allan McCrae | February 21, 2013
howard marks gold

You can buy it out of superstition or ignore it because you are an atheist but you cannot buy it with an analytical foundation.

Goa mulls banning all new iron ore projects

Cecilia Jamasmie | February 16, 2013
Goa mulls banning all new iron ore projects

Officials claim Goa should be focused instead on exploiting existing low-grade iron ore dumps worth billions.

World gold demand falls in 2012 for first time in three years

Cecilia Jamasmie | February 14, 2013
World gold demand falls in 2012 for first time in three years

The World Gold Council predicts consumption of the precious metal should be steady this year, although unlikely to reach the high levels seen in the worst of the financial crisis.

Jumping exports give silver impetus in India

Michael Allan McCrae | February 3, 2013
Gold bug spreads through Latin America

To gold starved Indian consumers, silver has taken on a brighter hue at home, but it remains the silver export sector that is leading the charge.

UK to join race for potash supply

Cecilia Jamasmie | February 1, 2013
U.K. to join race for potash supply

Sirius Minerals has filed a petition to develop a vast potash mine in the U.K., posed to be one of the world’s largest deposits of the commodity.

Potash Corp's profits plunge on dwindling Asian demand

Marc Howe | February 1, 2013
Potash_saskatchewan_economy

Potash Corp. of Saskatchewan (TSE:POT) has logged a stunning 38% decline in Q4 profits due to dwindling demand from core Asian export markets India and China.

Indian delegation to explore iron ore assets in Brazil

IndiaMart | January 30, 2013

India will be send a high-level delegation to Brazil for the second time in three months.

India strives to undermine its gold bugs

Marc Howe | January 23, 2013
India's gold demand

India's finance minister has called for the South Asian giant to curb its external purchases of bullion in order to balance the country's current account and improve resource allocation.

S.Africa replaces India as China's No 3 iron ore supplier

Reuters | January 21, 2013

South Africa overtook India to become China's third-biggest iron ore supplier in 2012, while Australia strengthened its dominant position as the major supplier to Beijing, data from customs showed on Monday.

Gold prices to peak in 2013: GFMS survey

MINING.com Editor | January 16, 2013
Gold prices to peak in 2013: GFMS survey

Bullion prices will average an all-time high in the first half of 2013, says Thomson Reuters.

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