With prices sky high, Indians are selling off old jewelry—and it’s taking the shine off gold imports.
India Mining News
Jindal Steel & Power Ltd. is also planning to resume operations in Mozambique as coking coal prices have more than doubled this year.
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.
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Coal India is diversifying its core business through a plan to install 600 megawatts of solar power in four states.
Between lessor and lessee in the growing mining equipment market, an asset manager acts as the lynchpin.
India expects to woo 1 trillion rupees ($15 billion) of investment over five years to double mining output and cut mineral imports.
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.
The project, discovered in 2004, was expected to generate about 30,000 jobs and produce up to 3 million carats a year.
A federal court dismissed challenge from a traditional owner to mining permits for the mine.
Nichols, a senior economic advisor to precious metals asset firm Rosland Capital, is on board of the bull wagon — he expects the metal price to rise before Jan 1. 2017.
Earth Alive signs exclusive multi-year distribution agreement with Brenntag Canada for its EA1 microbial technology
EA1 is a 100% organic and biodegradable product that uses the latest advances in microbial technology to control soil born dust emanations.
Cooperation agreements between the nations would guarantee India fresh supply of Russian coal, liquefied natural gas (LNG), diamonds and fertilizers.
Rapid, large-scale urbanization will see India's top three cities rival the combined economies of Vietnam, Philippines and Malaysia.
The coal giant also said it would review its assets in Australia to run a smaller but "more profitable" basis.
The Indian government's plan to incent households to hand their gold over to banks in return for interest payments appears to be working.
Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several opportunities earlier this year to discuss potential tie-ups.
Deal comes at a time of improved steel demand from China and mimics an effort by the UK government to rescue Tata Steel's Port Talbot operations to save jobs.
Indian bullion drops to $65 discount to the global gold price despite imports falling off a cliff.
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.