The emeralds and rubies miner raised $19.2 million from its recent auction in Jaipur, India.
The EIA says China and India are to blame, as imports from both nations — which from 2008 to 2013 accounted for 98% of the increase in world coal trade —are on their way down.
Indian households sit on 20,000 tonnes and the Modi government's two-week old scheme to bring gold into the financial system looks like a spectacular flop.
The company said that extending Kestrel, its only underground coal operation, would add 20 years to the mine’s life.
The Union Minister says coal shortages will soon be a thing of the past as India won't need to import dry fuel by 2017.
Use of coal for power generation peaked about two years ago, a new report suggests.
Despite not signing the nuclear non-proliferation treaty, India will be allowed to import uranium from Australia for civilian purposes.
While Indian consumer demand jumped 13% to 268 tons, the World Gold Council warns the outlook for the fourth quarter is “muted.”
So far in 2015, the state of the global diamond industry has been closely aligned with the posture of the global economy, as it so often is, and should be.
Domestic gold price discount in double digits with predictions of 25–30% slump in seasonal buying.
But authorities and miners say calls for a global moratorium on coal mines ignore the scale of global demand for energy.
The Ohio-based company says the new ozone standards will severely harm the country's already battered coal industry.
India has a plan to pull more gold into its banks, and the general public is set to play a pivotal role in the program.
Indian Rare Earths Limited is now producing rare earths from monazite sand: a low cost strategy that works in a low REE-price environment.
The $3.15 billion project will tap into the world’s largest and highest grade deposit of polyhalite, used as a fertilizer, inside the North York Moors National Park.
State-run Coal India is looking to acquire mines to feed its expanding steel industry.
The country's government has given its final, yet conditional, approval for one of the world's biggest coal mines.
Down more than half in September as higher gold price keep bargain hunters at bay.
Coal India will add 50 million tonnes to production this year with a target of 1 billion tonnes per year before the end of the decade.
Indian and Chinese importers make the most of the summer months to import a total of nearly 500 tonnes.
Carroll, who led Anglo American from 2007 to 2013, will chair the company’s Vedanta Resources Holdings Ltd. unit and advise the group’s chairman.
India hopes to revive Kolar region where gold mining dates back to the 19th century and new studies estimate $3.9 billion worth can still be mined.
CHART: Top gold consumer imports 140 tonnes in August, up 140% from last year and the equivalent of all gold-backed ETF redemptions since February.
India's cabinet has launched two gold savings vehicles to to put the 20,000 tonnes of gold held privately to more productive use.
Prime Minister Narendra Modi’s government has ordered some of India’s oldest coal-fired power plants to help make solar farms more competitive
Gold demand in India is likely to hit a four-year high between July and December on strong demand from the jewellery sector according to World Gold Council.
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