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.

November 13, 2018

India’s Jindal Steel and Power posts Q2 profit on one-time gain

Total revenue from operations jumped 63% to 99.82 billion rupees, while revenue from its iron and steel segment surged 73 percent to 86.45 billion rupees.

November 13, 2018

Caterpillar steps up game to keep leadership in North America

In the past two years, Cat  has  been  working  on  growing  its  offering,  particularly  in  the  underground  segment,  as  well  as  filling  up  some  gaps  in  terms  of  trucks  sizes.

November 12, 2018

LafargeHolcim sells Indonesian business to Semen Indonesia

The assets sold consist of four cement plants, 33 ready-mix plants and two aggregate quarries.

November 12, 2018

De Beers is said to make big cuts in low-end diamond prices

De Beers is famous for its tight control over the diamond market.

November 9, 2018

ALROSA reports October diamond sales $242.8 million – down 28% YoY

ALROSA's total diamond sales in January-October 2018 grew 6% YoY.

November 9, 2018

Key festivals light up Indian demand

We were initially skeptical about Diwali demand but it jumped this week, despite higher prices - Harshad Ajmera, the proprietor of JJ Gold House

November 8, 2018

Indonesia’s Inalum sells $4B in bonds to fund Freeport purchase

The deal came amid choppy global markets, rocked by trade concerns and slowing economic growth in Asia - including Indonesia.

November 8, 2018

Japan’s Sumitomo Metal cuts FY profit forecast on lower metal prices

Sumitomo Metal cut its full-year forecast, blaming lower-than-expected metal prices amid the U.S.-Sino trade spat, and reduced nickel output.