India Mining News

Gemfields postpones emerald auction over India's ‘demonetization’

The auction of emeralds from the miner's Kagem operation in Zambia will now be in February.

Queensland groups launch campaign to support Adani’s Carmichael coal project

As Adani’s Carmichael project continues to gain momentum with the confirmation of construction commencing in 2017, community and industry groups have launched a support campaign on social media.

Gold demand plummets as central banks, consumers hold off — WGC

Consumer demand for jewellery, coins and bars, dropped by a quarter as high prices slowed down acquisitions from top consumers China and India. Investments, however, were up by 44%.

Canada’s Quebec injects $130M into Tata Steel Quebec-Labrador iron ore project

Financing consisted of a loan of $50 million from Investissement Quebec along with $125 million for an 18% equity stake in TSMC through Ressources Quebec.

Weak commodities put infrastructure growth in emerging markets at risk — BMI

Countries heavily reliant on their extractive sectors need to step up efforts to lure investors or they will see their infrastructure sectors stalled, warn analysts.

Aussie iron ore magnate Rinehart invests in UK's biggest potash mine

Sirius Minerals’ York mine is expected to be one of the world’s largest in terms of the amount of resources extracted, generating an initial 10 million tonnes of polyhalite per year.

Clinton, Australian anti-coal activists, and Wikileaks

According to Wikileaks, activists opposing Adani's Carmichael coal mine in Australia have been receiving funding from an American organization.

Peabody Energy in restructuring talks with lenders, stakeholders — sources

Peabody circulated a term sheet last week that implied the first lien debt would be impaired, prompting an organizational push, MINING.com has learned.

Physical gold market in largest surplus in a decade

New report shows higher gold price during third quarter sparked 20% surge in global scrap supply even as jewellery sales in Asia fall to multi-year lows.

This chart will give hope to gold price, India bullion bulls

Gold's retreat in October is spurring physical buying in Asia.

Controversy surrounds South African coal mine

Atha-Africa's Yzermyn project sits in the Mabola protected area.

Is clean coal an option for India?

The accumulated benefits of implementing CCS at a large scale, given careful planning and prudent execution, could outweigh the one-time cost.

Indian politician denounces illegal sand mining

Sushil Kumar Modi declared that the illegal activities were happening with the blessing of the police and the mining and transport departments.

Futures markets point to 'overcooked' coking coal price

CHARTS: Panic buying from Europe and India said to be behind met coal surge.

Opposition to coal mine in India escalates after four killed in protest

Incident highlights operational and reputational risks faced by companies operating in the extractive sector in underdeveloped parts of central and eastern India, says expert.

In India’s bazaars, old gold is the new black

With prices sky high, Indians are selling off old jewelry—and it’s taking the shine off gold imports.

100-year-old Australian mine given a second chance

Jindal Steel & Power Ltd. is also planning to resume operations in Mozambique as coking coal prices have more than doubled this year.

Tasmania govt wants to restart Australia's oldest mine

In commercial production since 1896, the Mount Lyell copper and gold mine on Tasmania's west coast was put on care and maintenance two years ago.

BHP Billiton launches Prospects blog

The blogs will offer views on economics, commodities outlook and individual markets, and broader issues such as policy, governance and our social contribution.

Coal India pushes into solar

Coal India is diversifying its core business through a plan to install 600 megawatts of solar power in four states.

Equal opportunity distribution through asset financing in mining equipment market

Between lessor and lessee in the growing mining equipment market, an asset manager acts as the lynchpin.

India to seek $15 billion of investment to double mining output

India expects to woo 1 trillion rupees ($15 billion) of investment over five years to double mining output and cut mineral imports.

Gold spending in India is set to get a boost from a strong monsoon season

Since before recorded human history, the people of India have had an insatiable appetite for gold, treasuring it not only for its flawless natural beauty and religious significance but also as a superb store of value.

Rio Tinto walks away from India Bunder diamond project

The project, discovered in 2004, was expected to generate about 30,000 jobs and produce up to 3 million carats a year.

Adani $12 billion Carmichael coal project clears latest hurdle

A federal court dismissed challenge from a traditional owner to mining permits for the mine.