India Mining News

Gold demand just had a major growth spurt

Negative interest rates and slow growth have fuelled investors' demand for gold in record-breaking fashion.

Smuggling to avoid taxes to boost Indian gold imports to record: ANZ

Banks says that India's gold imports could hit a record high this year amid widespread smuggling to sidestep government levies on overseas shipments.

China and India could destabilize global coal market

Tectonic shifts in the global coal market are underway, posing a series of questions for traditional coal supply markets.

China and India could destabilize global coal market

China and, until recently, India, have been late but significant players in the global coal market.

Adani’s $12bn Carmichael project hit with yet another lawsuit

A green group asked the Supreme Court in Queensland to review the environmental approval of the controversial coal mine and rail project.

India says Kohinoor diamond belongs to Britain

The gem has been at the centre of a diplomatic row between India and the UK, with New Delhi arguing for decades that it should get it back.

Adani $12 billion Carmichael coal project faces fresh legal challenge

Australia’s indigenous people Wangan and Jagalingou, traditional owners of the land proposed to host the project are challenging it in court.

IMF warns of another 14% drop in metal prices this year

The Fund's slightly more positive outlook for the Chinese economy not enough to halt metal price declines this year and in 2017.

Higher gold prices prompt consortium to restart historic mine in India

The ancient Kolar gold mines produced some 25 million ounces over 150 years before being abandoned in 2001, as gold prices began to sink.

De-carbonizing our energy sector

Nuclear energy currently provides around 11 percent of the world's electricity.

World’s largest coal producer keeps adding to global supply glut

Coal India just posted its highest ouput in almost three decades.

Adani $12 billion Carmichael coal project closer to lease

If built, Carmichael would be Australia's largest coal mine.

Mapping the transformation of global nuclear energy

INTERACTIVE: Nuclear electricity output set to grow at fastest clip in over 20 years increasing annual uranium supply needs by more than 100 million pounds.

Slowing Chinese demand of coal to hurt Mongolia — BMI

The ramp up in Mongolian coal production will be faced with decreasing demand from China, the major importer of Mongolian coking coal.

India just shocked the gold market with this unexpected tax hike

The country is imposing an excise duty of 1 percent on gold and diamond jewellery.

Gold price: Great sucking sound now coming from the West

Chinese bullion imports at 2011 levels mix with record-breaking discounts in India as money pours into physical gold-backed ETFs.

India’s tariffs on gold working: February imports to be lowest since 2013

Industry sources also blame the ongoing rally in bullion prices for the drop.

Decline of coal demand is ‘irreversible’

Goldman Sachs report is the latest in a long line of grim warnings, all of which point to a future of shuttered power plants, mine closures, and bankruptcies.

India opens 100 mineral blocks to private companies

They cover an area of 12,000 square km and could be rich in gold, iron ore, tin and tungsten, among others.

Lack of Asian buyers may keep a lid on gold price

The surge in the gold price last week has not resulted in increased buying of the precious metal by the world's two biggest gold clients: China and India.

Gold investment market is getting physical

Physical ETF outflows persist, but strong market for coins and bars see overall investment demand jump in 2015 according to World Gold Council.

India hikes import tariffs on gold and silver

Move is a fresh attempt to curb costly imports and stop precious metals from being used to hide billions of dollars of undeclared "black money".

Three-way claim between UK, India and Pakistan set for Koh-i-Noor diamond

Pakistani court agrees to hear claim for diamond from Crown Jewels, once the world’s largest known diamond.

India mulls key investment to set iron ore plants in Iran

According to official figures, Iran has now more than $10 billion of investment pledges under its belt.

New Indian rule backfires, boosts unofficial gold trade

The government's latest attempt to control gold imports has boosted unofficial trading in the world's second-biggest gold consumer.