India Mining News

India's June gold imports spike as buyers tried to beat higher sales tax

India's gold imports in June more than tripled from a year ago

India imports more gold in H1 than all of 2016

Physical demand for gold has been surging in India since January.

Top 3 coal countries produced 6% more coal from January to May

Just when you thought coal was out, the fossil fuel appears to be back on the burner.

China shuns Indian iron ore in favour of Australia's

Chinese steel mills are turning their backs on India and embracing Australia as a source of higher-grade ore for steelmaking.

World’s top coal producer to close 37 mines

Coal India, responsible for about 82% of the nation's total coal output, said the closures would save around 8 billion rupees ($124 million).

#StopAdani protests surge in Australia

Before construction begins, activist groups are making sure to continue to speak up against the $16bn Carmichael coal mine

India hails Kazakhstan's role as 'number one' supplier of uranium

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.

Adani to go ahead with polemic Carmichael coal mine after all

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.

Cheaper solar in India prompts rethink for coal projects

Power from solar panels now half the cost of a new coal plant

Gemfields steps up fight against takeover by largest investor

Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.

China and India on aggressive electric vehicle push

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.

Australian officials slam banks decision to refuse backing country’s largest coal project

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.

India’s Supreme Court won’t try forcing UK to return Kohinoor diamond

The court said it cannot interfere in the diplomatic process nor can it direct another country to not auction the gem.

Climate change and risks to fossil fuel industry: sustainability train has left the station

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.

Another potash mine coming soon to Canada’s Saskatchewan

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.

Potash producer Belaruskali to make new kind of fertilizer — report

The company is also said to be mulling a number of investment projects involving a Chinese chemical company.

Coking coal price soars past $300

Coking coal price has doubled in two weeks – storm damage to rail lines could affect Australian exports for another four weeks.

Australia ready to begin exporting uranium to India — Prime Minister

Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.

Vedanta CEO Tom Albanese to leave company in August

The news follows the exit of former Anglo American CEO Cynthia Carroll, who stepped down last month.

Polemic Carmichael coal project in Australia to get going as early as August

Work on the delayed mine to start shortly after the federal government grants it final approval, which is expected before the end of May.

World's top diamond miner Alrosa quadruples profit amid sector recovery

The Russian miner said profit attributable to shareholders totalled $2.25 billion (131.39bn roubles) last year, versus $530K (30.67bn) roubles in 2015.

Indian billionaire Agarwal goes after 12% of Anglo American

Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.

After terrible 2016, Indian gold demand will recover: WGC

According to the World Gold Council, Indian gold demand has bottomed.

First orders under $455m potash deal for Vancouver junior

Encanto says will sign deal with existing producer to fulfil contract with state-owned Indian trader for 2m tonnes of potash per year.

Indian iron ore shipments up 169%

The amount of iron ore handled by India's ports has more than doubled in the period between April 2016 and January 2017.