India Mining News

Platinum industry expects supply deficit in 2018

Jewellery posts growth of 3%, the first in four years.

India's US coal imports highest since 2015, seen up further on ban

Coal imports seen rising further amid fears ban may expand. Cement firms scrambling for U.S. coal - executive.

Asia Gold-India prices flip to discount as wedding demand underwhelms

Gold prices in India traded at a discount for the first time in six weeks as the key wedding season failed to spur fresh demand.

India's mines ministry may recommend cut in iron ore export tax – sources

Indian mining industry has for months lobbied for a cut in the export duty as the country is saddled with a surplus of around 149 million tonnes.

Burning more coal to cut pollution – India's distressing dilemma: Russell

India’s New Delhi banned the burning of petroleum coke on Nov. 1, part of measures aimed at curbing air pollution, which last week reached 10 times the recommended limits.

India's only copper miner plans to nearly triple production at largest mine

Hindustan Copper is making moves to expand its production and operations in India where the company has a monopoly on copper mining.

Asia Gold-India wedding demand lacklustre as buyers await price dip

"Wedding season has started, but demand is poor compared to last year," said Ketan Shroff, managing director of Mumbai-based bullion dealer Penta Gold.

The real value of statues around the world

Millions of people visit them every day. Just a quick scroll through your Instagram feed will reveal at least a couple photographs of your friends standing next to or on top of them.

India’s NMDC joins the race for $9bn diamond project

Indian diamonds are known for their quality, particularly those from the ancient Golconda mines, famous for producing a rare kind of extremely clear gem.

Asia gold-wedding bells set to ring in fresh demand in India

Gold is considered an essential part of weddings in India, second-biggest consumer of the metal in the world after China.

Australia notified China of Adani coal mine approvals in letter

Australian politicians told China of government approvals for controversial A$16.5-billion ($13-billion) coal mine project being built by Adani Enterprises.

India bans use of dirtier coal alternative in New Delhi area

India's top court on Tuesday banned the use of petroleum coke, a dirtier alternative to coal, in and around New Delhi in a bid to clean the air in one of the world's most polluted cities.

India tightens gold import norms for nominated agencies

New Delhi is restricting them from importing the yellow metal only for export purposes and not for selling in the domestic market.

De Beers latest diamond sale the worst in almost two years

The world’s largest diamond producer by value offered less precious stones, in line with its policy of trying to match sales to demand.

MCX launches India's first gold options contract

India's Multi Commodity Exchange (MCX) has launched the country's first gold options contract in New Delhi to coincide with the gold-buying festival of Dhanteras.

India's gold prices swing to premium ahead of Diwali festival

Local gold prices were trading around 29,760 rupees per 10 grams on Friday, up nearly a percent from last week.

India's Sept gold imports jump 31 pct on festive demand — GFMS

Higher purchases by India, the world's second-biggest consumer, could lend support to global prices that are trading near their highest level in a week.

Asia gold-transparency law and smuggling take shine off festival season

India's recent restrictions on the industry and increased smuggling took the sheen off the bullion market heading into the peak festival season.

Why lithium, why now?

A global energy transition is underway, with lithium-ion as one of the leading energy storage technologies for both handheld technology and electric cars.

World's largest coal miner looking to buy metal mines abroad

Coal India's plan to diversify into mining metals such as copper and nickel with no prior experience is being seen by analysts as a long-term strategy to firm up revenues, with no immediate results in sight.

Zinc deficits persist in the short term: BMI

A new report from BMI Research states that the global refined zinc market will remain in deficit over the next few years

Indian billionaire Agarwal to be Anglo American’s top shareholder

He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares.

India's JSW Steel aims to to increase own iron ore production

The company, India's biggest local steelmaker, aims to be producing 80% of the iron ore needed for its flagship plant in south India in three years time

India needs to find allies to tap cheap funds for clean coal – trade body

According to the World Coal Association, India will need to ally with countries including the US, Japan, and Australia, to get cheaper funding from multilateral development banks to access cleaner technology.

How Russia plans to compete with India in the diamond market

Moscow wants state-owned Alrosa to offer more favorable terms to local cutters