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…

October 12, 2011

Aquino OKs special militias for mining firms

OTHER NATIONAL STORIES • 8 Pinoy crewmen of ship in NZ oil spill come home • 'Just one of those things': Speaker thumbs down minority plan to probe Llamas •…

October 12, 2011

Talks continue over permanent closure of ArcelorMittal wire rod plant

KEYWORDS: ArcelorMittal , wire rod , Fontaine , Belgium , closure Talks that started in late August between ArcelorMittal management and workers’ representatives over the permanent closure of the company’s…

October 12, 2011

Freeport Indonesia says ramps up copper output

* Firm says production over 4,000 T/day in Oct * Normal output is 6,300 T/day - union * Freeport to ship nearly 70,000 T concentrate this wk * Union says…

October 12, 2011

India asks Czech Republic for tech help in coal mining

"The Indian side impressed upon Czech Republic regarding the scope for establishing manufacturing facilities in India for underground mining machinery," an official statement said. Coal Minister Sriprakash Jaiswal-led the Indian…

October 11, 2011

Indonesian Coal Miner Plans $167m IPO to Finance Coal Boom

Indonesian Atlas Resources is readying a $167 million initial public offering to help finance building supporting infrastructure in its Sumatra coal mining hubs in Muba and Oku. Indonesian Atlas Resources…

October 11, 2011

India: Steel Minister sets up committee to look into coking coal buying

Noticing irregularities in coking coal purchases, the Steel Ministry has set up a committee to look into the rationale behind PSUs buying more of the commodity when it is expensive,…