August 8, 2011 India gold extends gains to record; physical demand muted MUMBAI: India's extended gains by more than 2 percent on Monday and hit a new peak following strong overseas markets and a weaker rupee back home, which hit its lowest…
August 8, 2011 IIJS Wraps Up With Strong Jewelry Sales Amid Recession Worries The 2011 edition of the India International Jewellery Show (IIJS) wrapped up today in Mumbai with a variety of responses from exhibitors. Loose diamond dealers said that while the show…
August 8, 2011 NMDC ‘ready’ to raise iron ore supplies to meet demand Seeking to allay fears of iron ore supply shortages, state-run miner NMDC today said it is willing to "substantially" increase the raw material availability in this quarter to meet the…
August 8, 2011 BRIEF-Vedanta buys stake in Liberia iron ore project for $90 mln LONDON, Aug 8 (Reuters) - Vedanta Resources PLC: * Sesa goa to acquire 51% stake in western cluster * Sesa goa to acquire a 51% stake in western cluster limited,…
August 7, 2011 Newmont Indonesia says no serious impact from protests Newmont Nusa Tenggara, a unit of US miner Newmont Mining Corp , said on Sunday there had been no significant impact on production from several days of protests at its…
August 7, 2011 India iron ore mining ban: Auto parts sector fears raw material shortage The auto components industry fears that a crisis situation might emerge in terms of raw material shortage as a consequence of the iron ore mining ban in Karnataka.
August 7, 2011 Australia evinces interest to invest in India mining sector Australia has evinced keen interest to invest around Rs 9,000 crore in the mining sector in Orissa and set up mineral-based units in the state. "We have proposal for investment…
August 7, 2011 India trade show okay for diamonds, strong for jewelry Indian diamond dealers maintained a positive outlook for the market despite softer than expected loose diamond trading at the India International Jewellery Show (IIJS) as finished jewelry sales were strong.…
August 7, 2011 TATA Steel to move forward with Karnataka project, despite turmoil The Hindu reported that notwithstanding the turmoil in Karnataka over the iron ore issue, TATA Steel will move forward with its proposed investment in the state, which it is jointly…
August 7, 2011 Gold sky-rockets to all-time high in India on Saturday as traders gear up for spectacular jewellery festival The price of gold zoomed to an all-time high of Rs24,770 per 10 grams by adding Rs420 in New Delhi, India on Saturday on frantic buying by stockists and investors.…
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