With the underlying metal crossing Rs 30,000 per 10 gm, gold exchange traded funds (ETFs) are scorching the market.

Companies have already increased prices by around Rs 5-10 per bag A reduction in the cost of coal imports due to reduced import duties from the financial year 2012-2013 is likely to improve profit margins of large cement companies reliant on imported...

Tags: Marathon, Oil Sands, OVL, News Houston-based Marathon won’t dilute equity in Alberta project ONGC Videsh (OVL)’s hunt for oil sands assets has hit a deadlock. The public sector explorer’s

Rough diamond production of De Beers will recover to 80 per cent of what it has been producing during the pre-recessionary peak levels. The company also has spent Rs 150 crore on the kimberlite exploration activities in India. De Beers had cut its rough

Tata Power is exploring global opportunities in power generation and coal mining as it is struggling with domestic policy issues and increasing coal prices at home. It looks at power projects and coal mining in South Africa, Southeast Asia, including Indonesia, Middle East and Australia.

Tags: Goa, Iron ore, Mining, Industry Mineral ore exporters in Goa have come up with a novel way to offset the impact of their activities in the state by investing their own funds to construct and augment road infrastructure catering to mining traffic.

India's state-owned miner NMDC feels that iron ore export target will fall by around 50 per cent during this fianancial year, said a top official. The ministry of steel is now in the process of fixing the quantity for export. Among others, NMDC exports iron ore to Japan and South Korea. It has set a target of 28 to 29 million tonne production and sales of 30 to 31 million tonne for this financial year.