India's gold imports in June more than tripled from a year ago
India Mining News
Physical demand for gold has been surging in India since January.
Just when you thought coal was out, the fossil fuel appears to be back on the burner.
Chinese steel mills are turning their backs on India and embracing Australia as a source of higher-grade ore for steelmaking.
Coal India, responsible for about 82% of the nation's total coal output, said the closures would save around 8 billion rupees ($124 million).
Before construction begins, activist groups are making sure to continue to speak up against the $16bn Carmichael coal mine
India and Kazakhstan have discussed ways to expand their ties as Prime Minister Narendra Modi held a bilateral meeting with Kazakh president Nursultan Nazarbayev in Astana.
Despite opposition from organizations ranging from the United Nations to green groups and locals, work on the multibillion-dollar mine is expected to begin by September.
Power from solar panels now half the cost of a new coal plant
Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.
China and India are rolling out plans to dramatically accelerate the adoption of electric vehicles (EVs), initiatives that have prompted the IEA to take notice and promise a review its long-term oil demand forecast.
The lenders’ move follow a decision by Australia’s second-largest bank Westpac to only fund new projects in existing, rather than new, coal basins as part of its new climate policy.
The court said it cannot interfere in the diplomatic process nor can it direct another country to not auction the gem.
Burning coal, oil, and natural gas is responsible for two-thirds of humanity’s emissions of greenhouse gases, and yet provides more than 20% of GDP in two dozen nations.
Western Potash said it’s moving ahead with its Milestone project, expected to produce 146,000 tonnes of potash annually over 12 years of planned operations.
The company is also said to be mulling a number of investment projects involving a Chinese chemical company.
Coking coal price has doubled in two weeks – storm damage to rail lines could affect Australian exports for another four weeks.
Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.
The news follows the exit of former Anglo American CEO Cynthia Carroll, who stepped down last month.
Work on the delayed mine to start shortly after the federal government grants it final approval, which is expected before the end of May.
The Russian miner said profit attributable to shareholders totalled $2.25 billion (131.39bn roubles) last year, versus $530K (30.67bn) roubles in 2015.
Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.
According to the World Gold Council, Indian gold demand has bottomed.
Encanto says will sign deal with existing producer to fulfil contract with state-owned Indian trader for 2m tonnes of potash per year.
The amount of iron ore handled by India's ports has more than doubled in the period between April 2016 and January 2017.