October 26, 2011 30 thermal power plants in India including NTPC and Reliance Power have coal stock for just four days Coal stocks at India's thermal power plants are critically low on the eve of Diwali, and will not improve unless coal supplies are stepped up significantly.
October 25, 2011 High prices could see Indian gold imports fall as much as 30% this month According to the Bombay Bullion Association, imports of the yellow metal could drop to as low as 70 metric tons as higher prices keep buyers away (Bloomberg) - Gold imports…
October 24, 2011 Peabody, Arcelor willing to pay more for Macarthur even as coking coal heads to $240/tonne Stock in US coal giant Peabody Energy and India's ArcelorMittal surged on Monday after their joint bidding vehicle secured a 59.85% stake in Australian metallurgical-coal miner Macarthur Coal and raised…
October 23, 2011 Slow Diwali gold sales expected AFP, MUMBAI, INDIA Women buy gold jewelry at a shop in New Delhi, India, on Dhanteras, the first day of the five-day Diwali Festival, on Oct. 15, 2009. Photo: AFP…
October 23, 2011 Gold should be part of a balanced portfolio, says Dubai-based precious metals expert UAE. With the ongoing sovereign debt crisis in Europe, sluggish recovery in the US and more uncertainty over the state of the Chinese economy, the demand for gold will continue…
October 23, 2011 Railways chokes on coal short supply Coal Ministry mandarins recently summoned senior officials of State-owned coal companies and reportedly urged them to pull up their socks or face consequences. The reason: a large number of power…
October 23, 2011 Consumers are rushing to buy gold before festival With festive and wedding seasons in the offing, consumers are rushing to buy gold. With the decline in prices, gold retailers are bracing themselves to meet an impending rise in…
October 22, 2011 Maybe some World Series product placement will give gold a boost Since gold has slid nearly 20% since hitting a high of $1,900 in September, maybe the precious metal can get a lift from some "magical necklaces" worn by baseball players.…
October 22, 2011 Sindh coal reserves estimated at 175b tons region of Sindh province is endowed with mammoth coal (lignite) reserves estimated to be 175 billion tonnes which can produce 100,000MW of electricity for next 300 years and can be…
October 22, 2011 Coal India steps up supplies to power sector Kolkata, Oct 22 : State-run Coal India Limited (CIL) increased coal dispatches to power utilities across the country by 28 percent during the period Oct 11-20, the company claimed Saturday.…
Gold and silver prices stumble at the end of best year since the 1970s Both metals are on track for their best year since 1979. December 31, 2025 | 12:59 pm