India

Canada and India sign historic uranium supply deal

Cecilia Jamasmie | April 15, 2015
Canada and India sign historic uranium supply deal

As part of the agreement, Cameco will supply 7.1 million pounds (3.22 million kilos) of uranium concentrate to India over the next five years.

Australia has a key role in nuclear’s contribution to clean energy future

Toro Energy | April 13, 2015

One of Australia’s leading uranium development proponents says the country’s natural advantage in delivering clean energy to meet growing global demand, is being eroded by the current policy differences between the states towards uranium exploration and mining.

India eyes uranium supply deal with Canada

Globe and Mail | April 13, 2015

Canada’s biggest uranium producer is in advanced talks with India on a deal to supply the country of 1.2 billion with fuel for nuclear power plants as Ottawa prepares to welcome Indian Prime Minister Narendra Modi.

Annual gold trade reaches $22 TRILLION

Frik Els | April 9, 2015
Annual gold trade reaches $22 TRILLION

New report shows In 2014 volume of gold traded in London, Shanghai, New York and around the globe was 3 times more than all the gold mined in human history.

Mining top executives the gloomiest of all: report

Cecilia Jamasmie | April 3, 2015
Mining top executives the gloomiest of all: report

Despite the overall pessimism, mining CEOs remain just as confident on their own company’s growth as they were in previous years.

Iron ore price massacre continues

Frik Els | April 2, 2015
Iron ore price massacre continues

Unprecedented meltdown continues as iron ore price suffers worst trading day in more than year on Thursday bringing weekly loss to eye-watering 15%.

Indian billionaire wants to buy Aussie gold mines

Cecilia Jamasmie | April 2, 2015
Indian billionaire wants to buy Aussie gold mines

As several miners are in the process of shedding non-core operations to survive the current squeeze on the industry.

Indian gold smuggling soars

MINING.com Editor | March 20, 2015
India is hoarding Switzerland’s gold, silver

Gold has not surprisingly found a back door into India, despite import restrictions on the yellow metal that were only recently lifted.

Gold price to double by 2030 thanks to Asia: report

Cecilia Jamasmie | March 18, 2015
Gold price to double by 2030 thanks to Asia: report

ANZ predicts that as incomes rise across Asia, particularly in China and India, so will the appetite for gold rings and necklaces.

Asian miners transition towards digital mining

Timetric | March 18, 2015
Gold price just short of $1,200 as 'cautious optimism' returns

According to Timetric’s Mining Intelligence Center (MIC), Asian mines are transitioning towards digital mining, as demonstrated by continuing investment in design software and mine surveying.

Iron ore mining in Goa may resume in two months

Cecilia Jamasmie | March 18, 2015
Iron ore mining in Goa may resume in two months

The move comes amid an ongoing collapse in commodity prices.

Potash producers rejoice — China likely to pay more for it this year

Cecilia Jamasmie | March 17, 2015
Potash producers rejoice — China likely to pay more for it this year

According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.

Australia can leverage its "doorstep" position with Asia to drive uranium exports – Toro Energy executive

Toro Energy | March 3, 2015

PDAC delegates in Toronto told overnight that emerging powerhouse economies would drive the future global demand for uranium, nowhere more so than that from China and India.

Plenty of potash, but almost no low cost sources for crop production

US Geological Survey | March 3, 2015
Plenty of Potash, but almost no low cost sources for crop production

While the earth contains enough potash to meet the increased global demand for crop production, some regions lack potash deposits needed for optimal food crop yields, the latest global assessment of the resource by the USGS shows.

Auction of coal mines in India to lower power tariff — President

The Economic Times | February 23, 2015

India's government says to be committed to bringing transparency in the allocation of natural resources including coal.

Coal price rally with legs as India overtakes China

Frik Els | February 18, 2015
Coal price rally with legs as India overtakes China

Thermal coal prices have jumped 22% in a month as mines close. Surging Indian imports, set to overtake China's in 2015, will support prices longer term.

Australian uranium 'could end up in India’s nuclear weapons program'

The Guardian | February 15, 2015

Australian uranium could end up in India’s nuclear weapons program thanks to concessions the Abbott government made in the deal between the two countries, two nuclear experts have warned.

Indian police seek arrest of Australian mining chief Bruce Munro

Sydney Morning Herald | February 15, 2015

Indian police want to arrest top Australian mining chief executive Bruce Munro, as part of a criminal investigation into allegations he "cheated" a business partner in a multibillion-dollar coal deal.

India reclaims top spot as No. 1 gold consumer

Andrew Topf | February 1, 2015
Asian gold demand up as India’s Diwali boost sales

India is back to being the number one consumer of gold, knocking China off the top of the podium as the country that consumed the most bullion in the form of gold bars, coins and jewelry, in 2014.

Will India’s gold imports surge on tariff cuts? – Jayant Bhandari

Sprott's Thoughts | January 29, 2015
india gold shutterstock 333

Jayant Bhandari advises funds and institutional investors on investing in India, and has commented on India’s impact on world gold demand for Sprott’s Thoughts.

China’s gold imports plummet

Frik Els | January 27, 2015
China’s gold imports plummet

Down nearly a third in 2014 as anti-corruption drive curbs conspicuous consumption and investment money flows into Shanghai stock market.

Rio Tinto’s diamond output down 14% in 2014

Cecilia Jamasmie | January 20, 2015
Rio Tinto’s diamond output down 14% in 2014

The company pointed to the transition of its Argyle mine from open pit to underground, as well as a shift toward processing lower-grade ore at Diavik as the main reasons for the drop.

Kiran Gems Participates in Mumbai Marathon

Kiran Gems | January 19, 2015

Kiran Gems, the world’s largest manufacturer of diamonds, participated in the 12th Mumbai Marathon on Sunday, January 15, 2015. The top brass of the organization, namely Mavji Patel, the managing director, Dinesh Lakhani and Rajesh Lakhani, both directors, along with 15 other employees came out in support of humanity and participated in this event.

Shanghai gold deals get a boost as WGC sets bullion free trade zone

Cecilia Jamasmie | January 15, 2015
Shanghai gold trade gets a boost as WGC sets bullion free trade zone

The World Gold Council (WGC) and the Shanghai Gold Exchange (SGE) have signed memorandum of understanding on a comprehensive strategic gold cooperation agreement.

Adani's $15bn coal mine in Australia facing fresh legal challenges

Cecilia Jamasmie | January 15, 2015
Adani's $15bn coal mine in Australia facing fresh legal challenges

An environmental group is attempting to radically change the way mining projects are assessed with a court case involving Adani's controversial coal mining complex in Queensland.

Rio Tinto in talks to ship uranium to India

Cecilia Jamasmie | January 14, 2015
Rio Tinto in talks to ship uranium to India

Ceo Sam Walsh has said the firm expects to start exporting Australian uranium to India by 2017.

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