October 2, 2011

Coal India may invest Rs 40k cr in 12th Plan

-4.98%) Coal India today said it might invest up to Rs 40,000 crore in the 12th Plan Period ending 2017 towards mines' development to augment production. "We will spend anything…

October 2, 2011

Coal India may invest up to Rs 40,000 cr

State-run Coal India today said it may invest up to Rs 40,000 crore in the 12th Plan Period ending 2017 towards mines' development for augmenting production. "We will spend anything…

October 1, 2011

Hindustan Zinc to host mineral processing meet at Udaipur

Hindustan Zinc, a Vedanta Group company, will host the 12th International Conference on Mineral Processing Technology at Udaipur between October 20 and 22. The conference will focus on various mineral…

October 1, 2011

Punjab steel industry on 4-day strike

Chandigarh: Over 500 steel producers in Punjab today went on strike for four days to protest alleged harassment by officials of the Central Excise department. Earlier, the industry including induction…

October 1, 2011

When rupee lost its buying power and gold gained

Gold prices have corrected heavily over the past 10 days, falling from an all-time high of Rs28,210 reached on September 21 to Rs25,685 on September 29, before recovering a touch…

October 1, 2011

Coal India abandons Ambassador car in RT Nagar

BANGALORE: A car once used by the regional manager of , a government of India company, has been gathering dust for over two and a half years on an RT…

October 1, 2011

Rio Tinto battles to win over Mongolian public

By ULAN BATOR, Sept 30 (Reuters) - Global miner Rio Tinto is fighting a legacy of bad publicity as it tries to persuade the Mongolian public a $10 billion copper…

September 30, 2011

Indian cabinet passes new mine law; coal producers hit with 26% tax

A draft law approved by the Indian cabinet today directs miners to share their profits with people displaced by mining. The Wall Street Journal reports that the law, which has…

September 30, 2011

PNG nickel mine ready to start dumping 200 million tonnes of waste in ocean

Despite a rancourous dispute with local landowners over compensation and infrastructure upgrades and an appeal against a Papua New Guinea High Court ruling approving the dumping, Australia's Highlands Pacific on…

September 30, 2011

BHP Biliton: China, India to Spur Global Demand for Steel-Grade Coal Close to 70 pct

Fast-developing and emerging market leaders China and India will push the global demand for raw steel-making ingredients by as much as 68 percent between 2010 and 2025, according to mining…