September 6, 2011 Mongolia primes $3 billion Tavan Tolgoi IPO for next year Bloomberg reports Mongolia is likely to sell a stake in its Erdenes Tavan Tolgoi coal-mining company to the public next year, raising more than $3 billion. The Tavan Tolgoi deposit…
September 6, 2011 India’s SAIL-led consortium bids for Afghan iron mines A consortium of Indian steel and mining firms led by the Steel Authority of India Limited (SAIL) has bid for four blocks of mines in Afghanistan, SAIL said in a…
September 6, 2011 SouthGobi sets new coal shipment record of 441,665 tonnes of coal in August HONG KONG, CHINA--(Marketwire - Sept. 6, 2011) - Alexander Molyneux, President and CEO of SouthGobi Resources Ltd. (TSX:SGQ)(SEHK:1878) is pleased to announce today that the company has set a new…
September 6, 2011 Gold futures at record high of Rs 28,583 India's benchmark gold futures extended the previous session's gains on Tuesday morning to hit a fresh record of 28,583 rupees, tailing gains in the world market and buoyed by a…
September 5, 2011 More arrests in India as corruption cancer spreads India's reputation as a mining jurisdiction was further besmirched today after two powerful mining magnates were arrested over allegations of corruption. The Guardian reports that Indian police have arrested Gali…
September 5, 2011 Mining industry hails Reddy’s arrest The arrests of former Karnataka Minister, Mr G. Janardhana Reddy, and the Managing Director of Obalapuram Mining Company, Mr B.V. Srinivas Reddy, signalled a change for the better in the…
September 4, 2011 Indian companies bid for Afghan iron ore mine Steel Authority of India Ltd and JSW Steel Ltd are among seven Indian steel and mining companies that have jointly bid for Afghanistan's Hajigak iron ore mines, Steel Authority chairman…
September 4, 2011 More Indian iron ore coming to market The Indian Supreme Court has directed that 1.5 million tonnes of iron ore from existing stock in Karnataka's Bellary, Chitradurga and Tumkur districts be sold every month to ensure adequate…
September 4, 2011 Indian state Orissa seeks to tax big iron ore profits India's biggest iron ore producing state has sought a new tax on mining profits and a higher royalty on steel feedstock, underlining a growing push from provincial governments and the…
September 3, 2011 Shyam SEL’s steel project faces coal supply hurdle Mr Brij Bhushan Agarwal-controlled Shyam SEL's proposed integrated steel plant in Jamuria in Burdwan district of West Bengal faces an uncertain future allegedly due to non-availability of linkages or quality…
How investors buy gold and what fuels the market Large buyers and institutional investors usually buy gold from big banks. January 12, 2026 | 10:41 am
