India Mining News

India, Singapore buyers cash in on slight price correction

This is a good time for people looking to buy gold, especially businesses.

Adani Enterprises could wait up to two years for Carmichael mine approval

Carmichael is one of the world's biggest greenfield coal projects in recent years.

Coal going from winner to loser in India's energy future

The problem is not its reserves, productions costs, or transportation. Renewable alternatives are just cheaper.

India, Japan demand falls; holiday hangover dulls trade elsewhere

Until there is a solution to what is happening globally with Brexit and trade talks, we might see no clear direction.

India's Tata Steel Q3 standalone profit soars on robust production

Analysts have said that due to pressure on steel prices, the third quarter could be the last good quarter for steelmakers before a long period of muted growth.

Indian jewellers stock up; holiday dims activity elsewhere

International benchmark spot gold prices were on track for their first weekly decline in three, but were still supported above the $1,300 an ounce level.

ArcelorMittal sees small steel demand rise, shares slip on margin concerns

ArcelorMittal is investing in projects in Mexico and Brazil, and has bought Votorantim in Brazil and Italy's Ilva, Europe's largest capacity steel plant.

As good as gold for some brides in India as election nears

In the past, gifts have included electric fans, laptops, pressure cookers and televisions.

Diamond prices sliding – report

1-carat stones fell by 0.4% last month and 1.8% compared to January 2018.

Vedanta says Anglo American stake buy meets Gov’t criteria

Shares in the company lost a fifth of their value on Friday as investors were sceptical of its foreign subsidiary Cairn India Holdings’ $200 million investment in the diversified miner.

India iron ore output seen at 9-year high before leases expire

“It’s a shame if we say that we are importing iron ore. It’s like selling ice to the eskimos”

Codelco and Ennomotive challenged engineers to find creative uses for copper-graphene nanocomposite

Sixty-five engineers from 15 countries came up with ideas.

Asia Gold-India buyers cash in on dips; Lunar New Year boosts China demand

January is a typically strong month as demand tends to gather pace going into the Lunar New Year.

India's 2018 thermal coal imports grew at fastest pace in 4 yrs – sources

Analysts say they expect India to be a key market for global miners in 2019 as China's "war on pollution" will lead to lower demand from that country.

FLSmidth to expand Hindalco’s alumina refinery in Odisha, India

The contract was finalised at a recent meeting of Hindalco’s and FLSmidth’s top managements.

Indian demand lags on price surge; all eyes on Lunar New Year

Local gold prices in India touched their highest since July 2016 this week.

Asia Gold-China premiums up on investment demand; Indian market on hold

While the general Chinese sentiment is very bullish on the gold price, in India retail buying is weak due to Khar Mass and higher prices.

Gold imports by India said to collapse in `18 as prices bite

Overseas purchases fell to 762 metric tons in 2018, a 20 percent slump from the previous year.

Global copper market under supplied, demand on the rise — report

But over the long term, the global copper deficit is expected to shrink, and the market will shift to oversupply.

Indian rescuers struggle to pump out water from flooded mine

The mine became flooded after at least 15 miners went down the narrow pit on Dec. 13.

India in talks with US over steel tariff exemption – govt official

"We need to look after the interests of the domestic steel industry"

Asia Gold-Safe haven lure fails to lift demand; Indian jewellers stock up

Physical gold demand lacked vigour in most Asian hubs this week as limited safe haven interest failed to lift activity into the year end.

Indian court orders Vedanta to not reopen copper smelter for a month – petitioner

The case was filed in the Madras high court by anti-Vedanta campaigner Fatima Babu, challenging a decision by the national green tribunal.

Asia Gold – Higher prices and holiday season keep buyers at bay

For the next few weeks demand will remain subdued. Overseas suppliers and even some jewellers will take a break for year-end celebrations.

Coal demand seen steady through 2023 thanks to India and China — IEA

Coal consumption is on the rise and will remain roughly stable over the next five years, the International Energy Agency forecasts.