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.…

October 22, 2011

Silver coins, currency glitters at Dhanteras

Silver coins and currency notes are in great demand for the feast of Dhanteras which falls a day before Deepavali in Uttar Pradesh.

October 19, 2011

Indian quarry operator selects Atlas Copco for greater productivity

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October 19, 2011

Freeport’s copper production is off 13% in Q3 due to labour disruptions

Buffeted by falling copper prices and labour unrest at Grasberg, Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) reported net income of $1.1 billion, $1.10 per share, compared with $1.2 billion, $1.24…

October 18, 2011

70,000 coal workers in India return to work after 35 days

Gulf News reports the agitation for a separate Telangana state has suffered a setback with nearly 70,000 workers of Singareni Collieries returning to work, ending a 35 days long strike.…

October 17, 2011

Sabotage, deadly clashes shut down Grasberg

China's state news agency reports all production at Freeport McMoran's Grasberg mine in a remote province of Indonesia has been halted after a pipeline was sabotaged, access to the pit…

October 16, 2011

Three miners shot dead at world’s biggest gold mine

Gunmen shot and killed three miners in the latest attack near the world’s largest gold mine in eastern Indonesia, officials said yesterday.

October 16, 2011

India gold ETF demand likely to explode

Demand for gold exchange traded funds (ETF) in India is likely to "explode" as investors get accustomed to "click-and-park" mode of investing, shying away from sagging stock markets and as…

October 16, 2011

NTPC plans to acquire coal mines in Mozambique, Indonesia

NTPC Ltd, India’s biggest power producer, has appointed a consultant to evaluate two medium-sized coal mine acquisitions in Mozambique and Indonesia even as it plans to exit International Coal Ventures…

October 16, 2011

Workers’ strike, excessive rain affect Coal India production

Production by Coal India Ltd has been hit hard by a recent strike by workers and excessive rainfall at some of its collieries, affecting coal supply at most thermal power…