Indian bullion drops to $65 discount to the global gold price despite imports falling off a cliff.
India Mining News
Most of the total gold reserves (88%) are held by only 20 countries.
Analysts see the long-awaited deal to sell potash to Chinese buyers as good news for the beleaguered sector, even though the agreed price is dramatically lower than last year’s.
India's status as a major coal importer is starting to wane, and that is having a negative effect on a major supplier: Indonesia.
Coal India, which produces more than 80% of the country’s coal, plans to increase annual output to about 1 billion tonnes in the next four years.
Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.
Australia has about 40% of the world's uranium reserves and exports nearly 7,000 tonnes of yellow cake annually.
Delhi wants to open up mining of gems and precious metals and cut reliance on imports.
Price is about a third less than last year's level as global supplies of the crop nutrient exceed demand.
We are on the precipice of a food fight among 7 billion people, and potash will be right at the center of it.
Belarus has said it might cooperate with Uralkali, in the first sign the two sides might work together since the Russian potash producer broke off their business alliance in 2013.
Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.
Sirius' mine, located beneath a U.K. national park, is set to generate an initial 10 million tonnes per year of polyhalite – a form of potash.
Elevated below rail technology has the potential to open up significant mining assets long considered stranded.
Negative interest rates and slow growth have fuelled investors' demand for gold in record-breaking fashion.
Banks says that India's gold imports could hit a record high this year amid widespread smuggling to sidestep government levies on overseas shipments.
Tectonic shifts in the global coal market are underway, posing a series of questions for traditional coal supply markets.
China and, until recently, India, have been late but significant players in the global coal market.
A green group asked the Supreme Court in Queensland to review the environmental approval of the controversial coal mine and rail project.
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.
Australia’s indigenous people Wangan and Jagalingou, traditional owners of the land proposed to host the project are challenging it in court.
The Fund's slightly more positive outlook for the Chinese economy not enough to halt metal price declines this year and in 2017.
The ancient Kolar gold mines produced some 25 million ounces over 150 years before being abandoned in 2001, as gold prices began to sink.
Nuclear energy currently provides around 11 percent of the world's electricity.
Coal India just posted its highest ouput in almost three decades.