November 18, 2018

Can central banks go broke? A question for India: Andy Mukherjee

Raiding a little more than half of the $95 billion foreign-currency and gold revaluation account would force the RBI to sell an identical proportion of the related assets, or $190…

November 16, 2018

Australia’s coal revival in full swing by 2019

The outlook for coal depends basically on the growth of electricity and steel production in Asia.

November 16, 2018

World Gold Council announces update to AISC guidance

It is expected that companies may choose to use the updated guidance starting January 1, 2019.

November 16, 2018

Volkswagen to spend $50 billion on electric car ‘offensive’

German automaker is also considering involvement in battery production.

November 16, 2018

Komatsu autonomous haulage system sets new haulage record

The Japanese firm's truck has achieved the unprecedented milestone of more than two billion tonnes of surface material moved autonomously.

November 16, 2018

Vedanta sells copper concentrate from stockpiles at shuttered India smelter

The Tamil Nadu state disconnected the smelter's power supply in May following anti-pollution protests that turned violent and culminated in the police opening fire, killing 13 protesters.

November 16, 2018

Asia Gold-India swings to premium; benchmark price dip lends appeal elsewhere

Dealers in India were charging a premium for the first time since early September -- of up to $3 an ounce over official domestic prices this week.

November 16, 2018

Philippines to allow some halted mines to resume operations with conditions

The nine mines, six of which are nickel operations, have been shut since 2017 as part of an environmental crackdown on the sector.

November 16, 2018

India state may cancel NMDC’s Donimalai mine lease in levy dispute

Following the news, NMDC shares fell as much as 7.4 percent to 99.20 rupees, their lowest since July 25, marking their biggest single-day fall since Aug. 9.

November 14, 2018

India’s steel giants to focus on product mix, quality to take on ArcelorMittal

ArcelorMittal's entry into India comes at a time when Indian steel demand is growing at the fastest pace in the world.