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…

October 15, 2011

Price of Indian iron ore falls 12% in China

Despite bans on export of iron ore from India, the price of the steelmaking ingredient has fallen in China. Business Standard reports that the price of iron ore originating from…

October 15, 2011

Eastern Inner Mongolia coal output to surge in next 5 yrs

Coal production in the eastern part of Inner Mongolia is estimated to increase substantially in the 12th Five-Year Plan Period, according to the relevant government authority.

October 13, 2011

Coal shortage may lead to blackouts in India

The Times of India reports that rain has disrupted operations at several coal mines in India, and several power plants are close […]

October 12, 2011

Gold demand in India robust ahead of Diwali, Dhanteras Festivals

Silver Miner Fresnillo Cuts Production Outlook for 2011 Good Harvest Profits Not Aplenty for India's Farmers Freeport Indonesia Ramping up Production at Grasberg Euro Crisis, Yuan Sow Discord as G20…