July 15, 2011

Rocked by blasts, Mumbai diamond traders may shift to new bourse

"Many of the Opera House diamond merchants' clients are from Israel...they are no strangers to terror and blasts," said Vasant Mehta, a leading merchant who was at home recovering from…

July 14, 2011

India alarm over ‘potash cartel’ grows

India's Department of Fertilisers raised concerns with the country's Foreign Affairs minister on Thursday over 2011 prices set by Canpotex, the company that markets and distributes Saskatchewan's potash globally. India's…

July 14, 2011

Ivanhoe Mines Announces Appointment of Rio Tinto Executive Dan Larsen to Company’s Board of Directors

(MARKETWIRE via COMTEX News Network) -- David Huberman, Chairman of Ivanhoe Mines, (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) announced today that Dan Larsen, Rio Tinto's Controller and Global Head of Planning and Reporting, has been…

July 14, 2011

India’s bullion street rocked by bomb blasts

MUMBAI, India (Commodity Online): India's most prominent Gold street has been hit by bombs. Three bombs rocked the gold and diamond hubs of Mumbai, India's sprawling commercial capital on Wednesday…

July 14, 2011

Industry Responds with Shock to Mumbai Attacks and Casualties

The heads of the global diamond industry are expressing sorrow and sending their condolences to Mumbai following the Wednesday's terrorist attacks. The attacks cost the lives of nearly 20 people,…

July 14, 2011

Indonesian workers end strike at biggest gold mine

Thousands of workers at one of the world’s biggest gold and copper mines started returning to work Wednesday, ending a nearly two-week strike that brought operations to a standstill. Union…

July 13, 2011

Goa govt asks Karnataka to lift ban on supply of iron ore

The Goa government has asked neighbouring Karnataka to lift the ban on supply of iron ore across its borders, after industrial units in various parts of the coastal state faced…

July 13, 2011

InfiniTEM® breaks ground in India

Abitibi Geophysics recently granted an InfiniTEM® operating licence for the Indian market to FUGRO Nexterra (an international geophysical services company). InfiniTEM® geophysical surveys are currently underway on mining exploration projects…

July 13, 2011

GoM meet on coal to address green hurdles postponed

The meeting of the Group of Ministers (GoM) on coal, which was scheduled for tomorrow to try and resolve issues hurting the production of coal in the country, has been…

July 13, 2011

Indophil falls short of A$189.5m capital raising target

PERTH (miningweekly.com) Copper/gold developer Indophil Resources, which holds a strategic interest in the Tampakan project in Philippines, has raised some A$183.3-million after completing the retail component of its non-renounceable entitlement…