Search result for 'miner'

NMDC Operations Resume After Worker Protests

March 21, 2025 16:44

Normal operations have resumed at NMDC's projects after workers ended a two-week protest. The miner aims to achieve 45 million tonnes of production in FY25.

NMDC Worker Unions Protest Despite Wage Talks

March 9, 2025 14:14

NMDC worker unions continue protesting despite ongoing wage revision talks, impacting production and potentially hurting the company's financial performance.

Amitava Mukherjee Appointed NMDC CMD - Business News

March 6, 2025 20:48

Amitava Mukherjee has been appointed as the new Chairman and Managing Director of NMDC, the state-owned iron ore miner. Mukherjee, a senior IRAS officer, has been instrumental in NMDC's growth and...

Coal e-Auction Prices Steady, mjunction Focuses on Global Expansion

March 3, 2025 16:01

Coal India's e-auction prices remained flat in Q4 2024 despite increased buyer participation. mjunction, a leading e-auction platform, reports steady business and plans to double its international...

India Scouts Critical Minerals in Congo, Zambia, Tanzania, Australia: Mines Secretary

February 27, 2025 16:35

India is exploring critical minerals in Congo, Zambia, Tanzania and Australia. The government aims to reduce import dependence and achieve self-reliance in critical minerals for clean energy...

Critical Minerals Recovery: Multipronged Strategy Needed - Report

February 26, 2025 16:07

India needs a multipronged strategy to recover critical minerals from processing waste, including policy reforms, technological development, and supply chain integration. The report highlights the...

Madhya Pradesh Aims for Top Spot in Mineral Block Auctions: Mines Secy

February 25, 2025 17:24

India's Mines Secretary expresses confidence that Madhya Pradesh will lead in mineral block auctions this year, citing the state's progressive policies and focus on recycling.

Barytes, Felspar, Mica, Quartz Now Major Minerals

February 21, 2025 15:37

India reclassifies barytes, felspar, mica, and quartz as major minerals, aiming to boost critical mineral exploration and mining.

India Aims to Auction Critical Mineral Blocks by 2031: MoS Dubey

February 21, 2025 13:26

India's government aims to auction a maximum number of critical mineral blocks by 2031 to achieve self-reliance in these resources, vital for green energy transition. The National Critical Mineral...

India-Argentina Lithium Mining Deal: Deeper Collaboration on Critical Minerals

February 19, 2025 18:10

India and Argentina signed an agreement for deeper collaboration in exploration and resource development of critical minerals, particularly lithium, to secure supplies for electric vehicle...

Modi-Trump Summit: F-35 Jets, Trade Deal & More - India News

February 14, 2025 20:39

India and the US have strengthened their ties with a summit between PM Modi and President Trump, resulting in F-35 jet sales, a potential trade deal, and more.

India-US TRUST Initiative Boosts Critical Minerals Mission

February 14, 2025 17:14

The India-US TRUST initiative, focused on critical minerals, will support India's National Critical Mineral Mission, aiming to secure domestic supply and encourage international collaboration.

India's Critical Minerals Sector Gets Boost: Mining Reforms in Budget

February 1, 2025 20:03

India's critical minerals sector receives a major boost with mining reforms in the Union Budget. The move aims to enhance competitiveness and encourage domestic production of key minerals.

Tailings Policy & State Mining Index: Boosting India's Critical Mineral Mission

February 1, 2025 19:26

India's mining sector gets a major boost with the announcement of a tailings policy and a state mining index, aimed at promoting critical mineral extraction and sustainable mining practices.

Coal India Reports First Monthly Production Decline in January

February 1, 2025 19:20

Coal India's production decreased by 0.8% year-on-year in January, marking the first monthly decline. Despite this, the company remains optimistic about growth in the coming months.

India to Launch Critical Minerals Recovery Policy

February 1, 2025 17:50

India's Finance Minister announced a policy to recover critical minerals from mining byproducts, aiming to boost domestic manufacturing and job creation.

India Budget 2023: Import Duty Removed on Critical Minerals, Drugs

February 1, 2025 12:54

India's Finance Minister Nirmala Sitharaman announced the removal of import duties on 25 critical minerals, lithium-ion batteries scrap, cobalt products, LED, zinc and 36 drugs for cancer and rare...

India's Renewable Energy Ambitions: Grid, Minerals Key - Survey

January 31, 2025 15:22

India needs to invest in grid infrastructure and critical minerals for successful renewable energy transition, says Economic Survey 2024-25.

India's National Critical Mineral Mission: Energy Security &'Aatmanirbhar&' Goals

January 31, 2025 12:15

Deloitte welcomes India's Rs 16,300 crore National Critical Mineral Mission, highlighting its importance for energy security and 'Aatmanirbhar' goals. The mission aims to reduce dependence on...

India's National Critical Mineral Mission: Energy Security & Green Transition

January 31, 2025 12:15

Deloitte & IndusLaw welcome India's Rs 16,300 crore National Critical Mineral Mission, emphasizing its importance for energy security, green transition, and self-reliance in critical minerals.

India Launches Rs 16,300 Crore National Critical Minerals Mission

January 29, 2025 15:22

India's government approves a Rs 16,300 crore National Critical Minerals Mission aimed at reducing reliance on imports and boosting domestic exploration, mining, and processing.

Coal India & IREL Partner for Critical Mineral Development

January 6, 2025 20:38

Coal India Limited and IREL (India) Limited sign an MoU to collaborate on the development of critical minerals, including rare earth elements, to reduce India's import dependence and support clean...

UAE & Pakistan Collaboration: Mining, Minerals, & Agriculture

January 5, 2025 21:21

UAE President Mohammed bin Zayed Al Nahyan expresses interest in collaborating with Pakistan in the mining, minerals, and agriculture sectors during a meeting with Prime Minister Shehbaz Sharif.

India Cancels Critical Mineral Auction Due to Low Response

December 29, 2024 11:01

The Indian government has cancelled the auction of 11 critical mineral blocks due to poor response, highlighting the challenges in securing vital resources for green energy and technology.

India's Critical Minerals Mission: Boosting Energy Transition & EV Manufacturing

December 23, 2024 11:50

India launches a national mission to secure critical minerals for green energy and EV manufacturing. This ambitious initiative aims to attract international investment and bolster the country's...

Offshore Mineral Auction Roadshow in Porbandar

December 20, 2024 16:16

The government is hosting a roadshow in Porbandar to promote the auction of offshore mineral blocks, including lime mud deposits off Gujarat's coast. This initiative aims to unlock India's undersea...

Offshore Minerals: India's New Resource Frontier

December 18, 2024 17:48

India's mines ministry highlights the potential of offshore minerals to meet critical resource demand, launching the first e-auction of mineral blocks.

Tata Steel Secures Iron Ore Supply for Future Growth

December 15, 2024 11:12

Tata Steel is securing iron ore supply for its growing steel production by engaging with NMDC and OMC, as well as opening new mines.

India Launches Offshore Mineral Auction: 13 Mines on Sale

November 28, 2024 19:57

India has launched its first offshore mineral auction, putting 13 mines up for sale. This move aims to secure critical minerals for infrastructure, manufacturing, and green energy transition.

India Auctions 24 Strategic Mineral Blocks in 4 Rounds

November 27, 2024 21:23

The Indian government has successfully auctioned 24 critical and strategic mineral blocks in four rounds, boosting the country's mineral resources and clean energy ambitions.

India Launches First Offshore Mineral Auction: 13 Blocks Up for Grabs

November 27, 2024 13:26

India will hold its first auction of mineral blocks in offshore areas on Thursday, with 13 mines in the Arabian and Andaman Seas set to be sold. The auction includes construction sand, lime mud,...

JSW Steel Wins Codli Mineral Block XII in Goa

November 19, 2024 21:23

JSW Steel has been declared the preferred bidder for the Codli Mineral Block XII in Goa, securing 48.5 million tonnes of iron ore resources. The company will now proceed with obtaining necessary...

Offshore Mineral Auction in India: 10 Blocks in 2-3 Months

November 14, 2024 14:00

India to auction offshore mineral blocks in 2-3 months, including gold, diamond, copper, and rare earths. Minister Reddy also updates on lithium exploration in Jammu and Kashmir and Argentina.

India's Critical Mineral Needs: Long-Term Supply & Battery Recycling - CareEdge

November 13, 2024 19:10

India faces limited critical mineral reserves, prompting CareEdge to urge securing long-term supplies, battery reuse, and recycling to reduce dependence on imports. Learn about India's EV and...

India & IEA Partner for Critical Mineral Cooperation

November 13, 2024 17:51

India's mines ministry signs a pact with the IEA for collaboration in critical minerals, aiming to improve policies, data access, and capacity building.

NMDC Q2 Profit Jumps 17% to Rs 1,196 Cr

November 11, 2024 18:24

NMDC's net profit surged 17% in Q2 FY25 to Rs 1,196 crore, driven by higher income. The company also approved bonus shares and increased authorized share capital.

Vedanta Wins 4 Critical Mineral Blocks in India Auction

November 7, 2024 14:44

Vedanta Group has won four critical mineral blocks, including vanadium, graphite, cobalt, and manganese, in India's fourth round of auctions. Oil India Ltd bagged one block.

Coal India: Boost Production, Reduce Imports - Minister

November 4, 2024 15:02

India's Coal Minister urges CIL to increase coal production and reduce imports, highlighting the company's vital role in the energy sector and commitment to miners' welfare.

India's Energy Transition: High Dependence on Critical Mineral Imports

October 28, 2024 11:45

India's energy transition faces challenges as it heavily relies on imports for critical minerals like lithium, cobalt, and nickel, raising concerns about trade risks. The report suggests...

IPEF Members Discuss Critical Minerals for Supply Chain Cooperation

October 24, 2024 20:30

IPEF members, including India and the US, are holding a dialogue on critical minerals to enhance cooperation and reduce dependence on China. The initiative aims to create a resilient supply chain...

India-US Critical Minerals Partnership: Key to EV Benefits

October 19, 2024 20:17

India proposes a critical minerals partnership with the US, aiming to secure benefits for Indian EV companies under the US Inflation Reduction Act. This agreement could lead to duty concessions and...

Gujarat Auctions 2,280 Mineral Blocks: Entrepreneurship Day

October 15, 2024 20:50

Gujarat government auctions 25 major and 2,280 minor mineral blocks, marking Entrepreneurship Day. LOIs granted to leaseholders under 'Vikas Saptah'.

CIL Coking Coal Auctions Gain Traction: Steel Sector Response

October 7, 2024 17:19

Coal India's coking coal auctions see increased participation from steel producers after changes to auction terms aimed at reducing imports. Industry leaders highlight the need for quality and...

SC Upholds States'' Power to Tax Mineral Rights

October 4, 2024 18:50

The Supreme Court dismissed pleas seeking review of its verdict that ruled states have the power to tax mineral rights. Justice Nagarathna dissented, holding that only the Centre can levy the tax.

US, India Boost Trade Ties: Critical Minerals, Semiconductors Key

October 4, 2024 09:25

US and India strengthened economic ties during the 6th Commercial Dialogue, focusing on critical minerals, semiconductors, and innovation. Both countries signed a new MoU on critical minerals...

US-India Commercial Dialogue: MoU on Critical Minerals, Semiconductor Supply Chains

October 4, 2024 05:02

US and India held the 6th Commercial Dialogue, signing a MoU on critical minerals supply chains and reviewing progress on semiconductors, innovation, and energy. The two countries also discussed...

NMDC Raises Iron Ore Prices by Rs 400/tonne

October 1, 2024 18:19

India's largest iron ore miner, NMDC, has increased lump ore and fines prices by Rs 400 per tonne, effective immediately. The price hike aligns with rising global iron ore prices following China's...

India, US To Discuss Critical Minerals Pact: Goyal's Visit

September 29, 2024 11:27

India and the US are negotiating a pact to boost collaboration in critical minerals, with Commerce Minister Piyush Goyal's visit to Washington this week focusing on the issue. The visit will also...

NLC India Targets 1 MTPA Critical Mineral Mining by FY30

September 29, 2024 11:05

State-owned NLC India plans to achieve a critical mineral mining capacity of 1 MTPA by FY30, participating in upcoming auctions to meet growing demand for renewable energy and other industries.

India's Diamond Exports to Fall 18-19% in FY25: Report

September 26, 2024 17:37

Indian cut and polished diamond (CPD) exports are expected to decline by 18-19% in FY25 due to weak demand in key markets like the US and China, according to a report by Icra.

Diamond Polishing Industry Revenue to Decline: Crisil Ratings

September 25, 2024 16:39

India's natural diamond polishing industry is expected to see a revenue decline to USD 12 billion due to muted demand, price falls, and consumer shift towards lab-grown diamonds.

Diamond Industry Faces 25-27% Revenue Decline in FY25

September 25, 2024 15:00

India's diamond polishing industry is expected to see a significant revenue decline in FY25 due to weak demand, falling prices, and rising popularity of lab-grown diamonds.

GCCI Demands Review of Supreme Court Mineral Taxation Ruling

September 22, 2024 11:10

The Goa Chamber of Commerce and Industries (GCCI) has urged the Supreme Court to review its mineral taxation ruling, warning of increased costs and price hikes for essential commodities.

Hindustan Zinc Demerger Update: Two Verticals Instead of Three - CEO

September 18, 2024 15:40

Hindustan Zinc (HZL) is restructuring, splitting into two verticals instead of the earlier proposed three. CEO Arun Misra says discussions with the government are ongoing. Learn more about the...

NMDC Explores Overseas Mining for Critical Minerals

September 12, 2024 16:23

NMDC, India's largest iron ore miner, is pursuing mining opportunities for critical minerals like lithium, cobalt, and nickel overseas, including Australia. The company also plans to double...

SAIL to Participate in Critical Mineral Mission: Chairman

September 5, 2024 13:10

SAIL, India's largest steel maker, is open to joining the Critical Mineral Mission, aiming to secure domestic and foreign sources of critical minerals for clean energy technologies. The mission...

Bihar Govt. Expects Rs 5,000 Cr From Mineral Block Auction

September 4, 2024 21:06

The Bihar government anticipates earning Rs 5,000 crore from the auction of mineral blocks in Rohtas, Gaya, and Jamui, including glauconite, chromite, nickel, and platinum group elements.

NMDC Iron Ore Production Drops 9.9% in August

September 2, 2024 22:12

NMDC, India's largest iron ore miner, reported a 9.9% decline in production in August, reaching 3.07 million tonnes. The company's sales also decreased to 3.14 million tonnes in the same period.

Mining Cess Impact on Steel Industry: Icra

August 26, 2024 13:42

Icra warns of cost pressures on steelmakers due to new mining cess enforcement following Supreme Court ruling. Margins could shrink by 60-180 basis points.

Coal India Faces Rs 35,000cr Impact From SC Mining Tax Ruling

August 23, 2024 21:06

Coal India could face a significant financial impact of up to Rs 35,000 crore due to a Supreme Court ruling on mining taxes. The company is awaiting clarity before making provisions.

Coal India Acquires Critical Minerals: Lithium, Cobalt

August 21, 2024 17:53

Coal India Ltd (CIL) is actively pursuing acquisition of critical minerals like lithium and cobalt in India and abroad. The company is committed to reducing import dependence and ensuring a...

India Focuses on Critical Minerals for Green Transition - President Murmu

August 20, 2024 13:27

President Murmu emphasizes the importance of critical minerals like lithium for India's green transition and self-reliance in mineral production. The government plans to launch a Critical Minerals...

Metal Stocks Slump: NMDC Tanks 6% After SC Mining Royalty Verdict

August 14, 2024 17:38

Metal stocks tumbled on Wednesday following the Supreme Court's ruling on mining royalties, with NMDC plummeting 6%. The verdict allows states to claim dues from 2005, potentially impacting the...

India's Critical Minerals Mission: Financial Incentives & Global Collaboration

August 14, 2024 16:35

India plans to offer financial incentives for critical mineral development, including lithium, and focus on global R&D collaboration and overseas asset acquisition.

SC Verdict on Mining Royalty: Rs 2 Lakh Cr Arrears Hit Industry

August 14, 2024 13:19

The Supreme Court's ruling on mining royalty will impact the industry with billions of rupees in arrears. States can now collect tax on mineral rights, potentially leading to increased prices for...

NMDC Net Profit Rises 18% to Rs 1,963 Crore in Q1

August 13, 2024 12:54

NMDC's net profit surged 18% to Rs 1,963 crore in the June quarter, driven by reduced expenses. The company's total income also grew, while expenses declined.

Mineral Exploration Trust: Centre Urges States to Promote Minor Minerals Discovery

August 12, 2024 21:56

India's Coal and Mines Minister calls on states to establish mineral exploration trusts to boost discovery of minor minerals, following the NMET model.

Critical Minerals Drive Modern Economy: Reddy - India's National Critical Mineral Mission

August 8, 2024 18:15

India's Coal and Mines minister emphasizes the importance of critical minerals for the modern economy and the launch of the National Critical Mineral Mission to tap into this global opportunity....

Critical Mineral Mission: India Aims for Domestic Production && Recycling

August 7, 2024 19:12

India's Mines Ministry is working on the Critical Mineral Mission, focusing on domestic production, recycling, and overseas acquisition of critical minerals for clean energy technologies.

Coal India Partners with Global Firms for Critical Minerals Investment

August 5, 2024 17:14

Coal India Ltd. (CIL) signs non-disclosure agreements with international companies to explore potential investments in critical mineral projects, crucial for modern technology.

NMDC Iron Ore Production Down 11% in July

August 1, 2024 17:54

NMDC's iron ore production fell 11% to 2.17 million tonnes in July, while sales rose to 3.06 million tonnes. Learn more about the company's performance.

Coal India E-auction Revenue Down 7% in Q1FY25

August 1, 2024 14:49

Coal India's e-auction revenue fell 7% to Rs 5,589 crore in Q1FY25 despite higher sales volume, driven by lower auction prices. Learn more about the factors impacting Coal India's profitability.

Coal India to Boost Output with 119 Projects, Rs 1,33,576 Cr Investment

July 28, 2024 12:12

Coal India Ltd is advancing 119 projects with a capacity of 896 million tonne per year and a sanctioned capital of Rs 1,33,576 crore to boost production and meet future coal demands.

Coal India Reverses Declining UG Production Trend

July 27, 2024 20:04

Coal India Limited (CIL) has reversed the declining trend in underground (UG) coal production for the first time in 14 years, thanks to modernization and technology.

India Can Be Major Gold Producer: Anil Agarwal

July 26, 2024 15:41

Mining magnate Anil Agarwal suggests India can become a major gold producer by privatising Bharat Gold Mines and Hutti Gold Mines, reducing gold imports and boosting the economy.

Budget Boosts Critical Minerals, Energy Transition: Net-Zero Goals

July 24, 2024 14:09

India's budget focuses on critical minerals, green transition, and net-zero goals, with initiatives for solar energy, pumped hydro storage, and 'hard to abate' industries.

Customs Duty Waiver on Critical Minerals: India to Become Cost-Competitive Hub

July 23, 2024 20:36

India has waived customs duty on critical minerals like lithium, copper, and nickel, making the country a competitive hub for lithium-based cathode materials and boosting domestic production of...

Budget 2023: GIFT City, Diamond Industry Hail Launchpad for Developed India

July 23, 2024 19:04

India's Union Budget 2023 has been welcomed by the diamond sector and GIFT City, with industry leaders calling it a launchpad for a developed India. Key highlights include tax relief for the middle...

India Waives Customs Duty on Critical Minerals: Lithium, Copper, Nickel, Graphite

July 23, 2024 17:55

India announces zero customs duty on 25 critical minerals including lithium, copper, nickel, and reduced import tariff on graphite to boost domestic processing and refining.

Critical Mineral Mission to Boost Domestic Output

July 23, 2024 16:42

India to launch a Critical Mineral Mission to boost domestic production of copper, lithium & other critical minerals, including recycling and overseas acquisition.

FM Cuts Customs Duty on Minerals for Energy Transition

July 23, 2024 13:41

India's Finance Minister announces reduced customs duty on lithium, copper, cobalt, and other minerals crucial for energy transition, supporting nuclear, renewable, and high-tech sectors.

India's Dependence on China for Critical Minerals: Economic Survey

July 22, 2024 17:57

India's Economic Survey highlights the need to address dependence on China for critical minerals essential for green transition, while urging diversification of energy sources and strategic...

Coal India Wins First Critical Mineral Asset: Graphite Block

July 22, 2024 13:50

Coal India has secured its first critical mineral asset, a graphite block in Madhya Pradesh, marking its entry into non-coal mineral mining. The move supports the country's green energy transition...

Coal India Ventures into Graphite Mining - Diversification Beyond Coal

July 21, 2024 19:00

Coal India Limited (CIL) has received a license to mine graphite in Madhya Pradesh, marking its first venture into non-coal mineral mining. This move aligns with the government's Atmanirbharta...

Vedanta Wins 2 Critical Mineral Blocks in Karnataka & Bihar

July 21, 2024 17:18

Vedanta Ltd has secured two critical mineral blocks in Karnataka and Bihar, the Gollarahatti-Mallenahalli Nickel Chromium and PGE Block and Genjana Nickel, Chromium and PGE Block.

District Mineral Foundation Portal Launched by Union Minister

July 20, 2024 17:13

Union Mines Minister Kishan Reddy launched the National District Mineral Foundation (DMF) portal, a centralized platform for information on DMFs across India. The portal provides transparency and...

Goyal Calls for Collaboration on Critical Minerals, Semiconductors, & Green Energy

July 17, 2024 18:58

Commerce Minister Piyush Goyal advocates for enhanced collaboration among trusted countries to ensure smooth supply of critical minerals, semiconductors, pharmaceuticals, and green energy.

Centre to Auction Jharkhand Mineral Blocks, Including Gold Mine

July 14, 2024 11:00

The Centre has asked Jharkhand to auction 10 mineral blocks, including a gold mine, and will proceed if the state fails to do so. This follows the amendment in mining rules in 2021 empowering the...

BIMSTEC to Map Mineral Resources in Bay of Bengal

July 13, 2024 19:51

Sri Lanka proposes a BIMSTEC mechanism to map mineral resources in the Bay of Bengal region, aiming for enhanced cooperation and resource management within the BIMSTEC grouping.

US Sees India as Key Partner in Critical Mineral Supply Chains

July 9, 2024 23:00

A US official highlights India's potential as a key partner in diversifying global critical mineral supply chains, crucial for both nations' clean energy agendas. The US-India Strategic Partnership...

India Seeks Critical Minerals from Africa, Latin America

July 2, 2024 13:57

India is in talks with Africa and Latin America to secure critical mineral blocks for clean energy transition. The government is also focusing on domestic exploration and has auctioned a lithium...

CIL Production Surges 8% to 189.3 Million Tonnes in Q1 FY'25

July 1, 2024 15:43

Coal India Limited (CIL) achieved an 8% growth in coal production, reaching 189.3 million tonnes in Q1 FY'25, exceeding its target and demonstrating strong performance.

India-Australia Boost Critical Minerals, Battery Production

July 1, 2024 14:47

India and Australia are collaborating to enhance critical mineral production, processing, and battery manufacturing as part of their broader trade partnership.

Govt Cancels Auction of Critical Minerals in India

June 24, 2024 20:05

The Indian government has canceled the auction of 14 critical mineral blocks, citing a lack of bids and insufficient interest. The decision highlights challenges in securing crucial minerals for...

Critical & Strategic Mineral Block Bidders Announced - India

June 22, 2024 20:31

India's government to announce winners of the first round of critical and strategic mineral block auctions on Monday. The fourth round of auction will also be launched.

Coal India Awards 23 Discontinued Mines to Private Miners

June 19, 2024 14:24

Coal India has awarded 23 discontinued underground coal blocks to private miners on a revenue-sharing model. The move aims to tap dormant reserves and reduce reliance on imported coal.

NMDC unveils new state-of-the-art R&D facility in Hyderabad

June 18, 2024 18:42

NMDC unveils a new state-of-the-art R&D facility in Hyderabad, focusing on sustainable mineral processing and steel technology. The facility boasts cutting-edge labs and a team of experts.

Telangana Govt To Auction 6 Mineral Blocks By June 30

June 16, 2024 12:54

The Centre has asked the Telangana government to auction at least six mineral blocks by June 30, threatening to intervene if the state fails to comply. The move aims to unlock mineral potential and...

NCLT Initiates Insolvency Against Himalayan Mineral Water

June 9, 2024 13:37

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Himalayan Mineral Waters for defaulting on a corporate guarantee given for LeeL Electricals. The insolvency...

Adani Power Merges Stratatech Mineral Resources for Fuel Security

June 3, 2024 19:19

Adani Power's Mahan Energen Ltd approved the merger of Stratatech Mineral Resources to improve fuel security by operating the Dhirauli Coal Mine as a captive coal mine.

NMDC Iron Ore Output Drops 37% in May | Sales Down 22%

June 2, 2024 13:48

NMDC's iron ore production fell 37% in May 2024 to 2.34 MnT, while sales declined 22% to 2.82 MnT. The company also increased prices of lump ore and fines.

Minor Mineral Sector Reform: Centre & State Collaboration

May 30, 2024 12:27

Mines Secretary calls for joint efforts between the Centre and state governments to reform the minor mineral sector, emphasizing data transparency and sustainable practices.

NMDC Raises Iron Ore Prices by Rs 250/tonne

May 28, 2024 12:16

NMDC, India's largest iron ore miner, has increased the price of lump ore by Rs 250/tonne and fines by Rs 350/tonne, effective immediately. The price hike is expected to impact steel prices.

NMDC Q4 Profit Down 38% to Rs 1416 Cr - Business News

May 27, 2024 22:30

NMDC's net profit fell by 38% to Rs 1,415.62 crore in Q4 FY24 due to increased expenses. Read more about the company's financial performance.

India's Critical Mineral Auction: Benefits Unlikely Before 2030 - Icra

May 22, 2024 15:41

Icra says benefits from the auctioned 38 critical mineral blocks are unlikely before 2030 due to exploration challenges. India's dependence on imports for critical minerals like lithium, cobalt,...

India Aims to Lead in Critical Minerals Production - Hindustan Zinc

May 18, 2024 16:11

India aspires to become the world's leading and sustainable producer of critical minerals, essential for clean energy technologies like electric vehicles, according to Hindustan Zinc Chairperson...

Coal India, NMDC & ONGC Videsh Seek Critical Minerals Abroad

May 15, 2024 13:32

India's Coal India, NMDC & ONGC Videsh will actively scout for critical mineral assets abroad, including lithium, copper, nickel, and cobalt, to support clean energy technology.

India Mineral Production Rises 8% in Feb | Economic News

May 2, 2024 19:25

India's mineral production increased by 8% in February 2024 compared to the previous year. Key minerals showing growth include gold, copper, bauxite, chromite, phosphorite, limestone, and coal.

Coal India Profit Soars 26% in Q4 FY24

May 2, 2024 19:23

Coal India's net profit surged 26% to Rs 8,640 crore in Q4 FY24 despite lower sales, driven by cost efficiency and accounting changes.

India to Auction 20 Critical Mineral Blocks by June-end

April 29, 2024 13:18

India's mines secretary announces the upcoming auction of 20 critical mineral blocks by June-end, fueling clean energy transition and boosting domestic mining.

Critical Minerals Summit: India Fosters Collaboration

April 28, 2024 15:14

India hosts a two-day summit on critical minerals, focusing on beneficiation, processing, and securing domestic supply for clean energy and economic growth.

KABIL & CSIR-NGRI Partner for Strategic Minerals Exploration

April 24, 2024 21:45

KABIL, a state-owned joint venture, signs an MoU with CSIR-NGRI to promote geophysical investigations for critical and strategic minerals.

Dhanuka Launches New Insecticide 'LaNevo' & Bio-fertiliser

April 22, 2024 15:26

Dhanuka Agritech launches new insecticide 'LaNevo' and bio-fertiliser 'MYCORe Super' to help vegetable farmers control pests and increase crop yield.

Bitcoin Halving: What It Means & Impact on Price

April 20, 2024 06:24

Bitcoin's halving event has arrived, reducing mining rewards and potentially impacting its price. Learn about its effects, implications for miners, and the environment.

Bitcoin Halving: Price Impact & What It Means - AP News

April 20, 2024 06:08

Bitcoin's latest 'halving' has reduced new production of the cryptocurrency. Learn about the impact on price and what it means for investors.

Govt Panel to Suggest Measures for Critical Minerals Mining

April 17, 2024 15:19

A government panel will recommend legislative measures to facilitate mining of critical minerals like lithium, copper, gold, and diamond, crucial for EV manufacturing and economic growth.

Offshore Mineral Auctions in India: First Tranche by Mid-2024

March 3, 2024 14:58

India's first offshore mineral auction is expected by June-July 2024, with 10 blocks shortlisted. The move aims to increase domestic mineral availability and reduce import dependence.

NMDC Iron Ore Production Up 13% in Apr-Feb - Business News

March 1, 2024 17:52

NMDC's iron ore production increased 13% in Apr-Feb 2023-24, reaching 40.24 million tonnes. Sales also surged 21% to 40.48 MT during the period.

Critical Minerals Auction: Vedanta, Jindal Power, Ola Participate

February 29, 2024 20:59

Vedanta, Jindal Power, and Ola are among the companies that participated in the first tranche of the critical minerals auction in India. 56 bids were received for 20 blocks.

India Launches 2nd Auction of Critical Minerals: Worth Rs 30 Lakh Crore

February 29, 2024 19:30

India's Mines Minister launches the second tranche of auction for critical minerals, including potash, with an estimated value of Rs 30 lakh crore. This move aims to reduce import dependence and...

Cabinet Approves Royalty on 12 Critical Minerals

February 29, 2024 17:37

India's Cabinet approves amendment to the MMDR Act, specifying royalty rates for 12 critical and strategic minerals, including cobalt, titanium, and tungsten. This move aims to boost domestic...

CIL & BHEL JV: Rs 11,700cr Coal-to-Chemicals Project in Odisha

February 28, 2024 20:33

Coal India Limited (CIL) will hold a 51% stake in a joint venture with Bharat Heavy Electricals Limited (BHEL) for a coal-to-chemicals project in Odisha, estimated to cost Rs 11,782 crore.

India Mineral Production Rises 5.1% in December

February 22, 2024 17:08

India's mineral production increased by 5.1% in December 2023, with coal, lignite, limestone, bauxite, and natural gas showing positive growth. Read more.

India's Mineral Production Up 5.1% in December - PTI

February 22, 2024 15:02

India's mineral production rose 5.1% in December 2023, driven by increases in coal, lignite, limestone, bauxite and natural gas. Read more.

Coal India to Bid for Critical Mineral Blocks - Diversification Move

February 19, 2024 20:44

Coal India Ltd to participate in critical mineral auction, signaling a shift beyond coal. The company aims to tap into growing demand for resources crucial for renewable energy.

Critical Minerals: India Needs Tech, Infrastructure, Incentives - GTRI

February 19, 2024 11:44

India needs to invest in technology, infrastructure, and fiscal incentives to develop its critical mineral sector, which is crucial for high-tech and renewable energy technologies, says GTRI report.

Offshore Mineral Blocks Auction: India to Start in 2-3 Months

February 15, 2024 21:45

India's Mines Ministry will begin the auction process for 35 offshore mineral blocks in the next 2-3 months. 24 more blocks are in the pipeline.

NMDC Iron Ore Output Jumps 15% in Q3 2023

February 15, 2024 16:19

NMDC's iron ore production surged 15% to 12.22 MT in Q3 2023, driven by strong steel demand in India. Sales also rose 19% to 11.39 MT.

Deccan Gold Mines Reviews Critical Minerals Data in India

February 5, 2024 15:36

Deccan Gold Mines is evaluating data on critical minerals, including lithium, in India and may seek exploration licenses if positive. The company is also progressing on its Jonnagiri gold project.

Deep Sea Mining: President Murmu Emphasizes Mineral Exploration

January 31, 2024 13:43

President Droupadi Murmu calls for exploring minerals through deep sea mining, highlighting the Deep Ocean Mission and the need for a circular economy.

Western Australia Seeks Direct Flights, Mineral Deals with India

January 24, 2024 16:07

Western Australia aims for direct flights and deeper partnerships with India, focusing on tourism, critical minerals and investment opportunities.

Squadrone Infra & Industrias Geodia Partner for Mineral Exploration

January 24, 2024 16:04

Squadrone Infra, a drone platform, partners with Industrias Geodia for mineral exploration in India, Middle East, and South Asia, focusing on green energy minerals. This partnership utilizes...

India's Mineral Exploration Accelerates: GSI, States Urged to Speed Up

January 22, 2024 20:58

The Indian government is pushing for increased exploration of mineral blocks, urging GSI and state agencies to expedite the process. Critical minerals are a key focus.

Gem 'Jewellery Sector Seeks Duty Cuts on Gold, Diamonds

January 21, 2024 11:34

The Gem ' Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold and cut and polished diamonds ahead of the Union Budget. The council believes that these...

Coal India to Mine Critical Minerals, Including Lithium

January 18, 2024 15:52

Coal India Ltd. plans to enter the mining of critical minerals, including lithium, to support India's energy security and Net Zero goals. The company will explore and mine lithium reserves once...

India to Invest Rs 200 Cr in Argentinian Lithium Mines

January 15, 2024 20:56

India will invest Rs 200 crore to explore and develop five lithium mines in Argentina, aiming to secure critical minerals for energy transition and electric vehicle production.

India-US Trade: Social Security Pact, Import Rules & Critical Minerals - USTR

January 13, 2024 21:32

US Trade Representative Katherine Tai discusses progress on social security pact, import management system concerns, and critical minerals cooperation with India.

India, US Discuss Visa, GSP, Critical Minerals at Trade Forum

January 12, 2024 22:49

India and the US discussed visa, critical minerals, GSP restoration, trade in pharma and marine goods, and digital trade at the 14th Trade Policy Forum meeting.

Vedanta Resources Downgraded to 'Selective Default' by S&P

January 12, 2024 18:07

S&P Global Ratings has downgraded Vedanta Resources to 'selective default' after the company extended the maturities of its dollar bonds. The rating agency views the transaction as distressed,...

EU Sanctions Russia's Alrosa Diamond Miner - AP News

January 3, 2024 15:59

The European Union imposed sanctions on Russia's Alrosa, the world's largest diamond miner, and its CEO, Pavel Marinychev, as part of its support for Ukraine.

India's Mineral Output Surges 13% in October 2023

January 1, 2024 21:12

India's mineral production rose by 13.1% in October 2023, driven by increases in iron ore, manganese ore, gold, and coal. Learn more about the key drivers of this growth.

India Auctions 76 Mineral Blocks in 2023: Govt

December 29, 2023 20:35

The Indian government has auctioned 76 mineral blocks in 2023, including 30 for mining leases and 46 composite licenses. Madhya Pradesh and Rajasthan led the auctions with 22 and 16 blocks...

India Identifies Offshore Blocks for Mineral Exploration

December 28, 2023 15:53

India's mines ministry has identified offshore blocks for mineral exploration and is seeking input from relevant departments to avoid project overlaps. The move follows amendments to the Offshore...

India to Auction Critical Minerals & Offshore Blocks in 2024

December 28, 2023 11:05

India's mining sector is set for a boost in 2024 with auctions of critical minerals, offshore mineral blocks, and exploration licenses. This move aims to enhance self-reliance and drive economic...

GSI to Use AI for Mineral Exploration - New Delhi

December 22, 2023 19:19

Geological Survey of India (GSI) is planning to use AI and ML for more efficient and accurate mineral exploration, saving time and resources.

Sarda Energy Minerals Gets Chhattisgarh Govt Nod for Capacity Increase

December 22, 2023 16:28

Sarda Energy & Minerals Ltd (SEML) has secured approval from the Chhattisgarh government to increase the operating capacity of its iron ore pellet plant from 800,000 tonnes per annum (TPA) to...

Critical & Strategic Minerals Auction: Pre-bid Conference on Dec 22

December 21, 2023 19:24

India's Ministry of Mines will hold a pre-bid conference on Dec 22 for the first round of critical and strategic mineral blocks auction, including Glauconite, Graphite, Potash, Nickel, PGE,...

India to Auction 100+ Critical Mineral Blocks by Feb 2024

December 19, 2023 21:22

India plans to auction nearly 100 more critical mineral blocks before February 2024, aiming to boost domestic production and reduce reliance on imports.

District Mineral Foundations: Set up in 644 Districts | India News

December 18, 2023 18:16

India has set up District Mineral Foundations (DMFs) in 644 districts across 23 states, informed Coal and Mines Minister Pralhad Joshi in Parliament. DMFs aim to benefit areas affected by mining.

India Allows Private Agencies to Auction Critical Mineral Blocks

December 15, 2023 14:29

India's Ministry of Mines allows notified private exploration agencies to participate in the auction of critical minerals, encouraging investment in the sector.

NMET Mineral Block Auction: 11 Sold, 6 Pending - Coal Minister

December 13, 2023 15:12

India's Coal and Mines Minister Pralhad Joshi announced that 11 mineral blocks funded by the National Mineral Exploration Trust (NMET) have been auctioned, with 6 more in the process.

India's Gem & Jewellery Industry Resumes Rough Diamond Imports

December 8, 2023 20:41

India's gem and jewellery industry will resume rough diamond imports from December 15, after a voluntary suspension since October 15 to address demand and supply imbalances.

Karnataka Auctioning Strategic Mineral Blocks

December 8, 2023 18:41

Karnataka government encourages companies to participate in the ongoing auction of critical and strategic mineral blocks.

India's Mineral Production Surges 11.5% in September

December 5, 2023 18:14

India's mineral production rose by 11.5% in September 2023 compared to the same period last year. Key contributors include coal, iron ore, and limestone.

India-US Strengthen Cooperation in Pharma, Semiconductors, Minerals

December 1, 2023 16:54

India and the US have agreed to strengthen cooperation in sectors like pharmaceuticals, semiconductors, critical minerals and emerging technologies.

India Auctions 20 Critical Minerals Worth Rs 45,000 cr

November 29, 2023 20:57

India launches auction of 20 critical minerals, including lithium, worth Rs 45,000 crore, aiming to boost clean energy and economic growth. The auction closes on February 20.

India Auctions Critical Mineral Blocks: Global Bidders Invited

November 29, 2023 19:20

India launches its first-ever auction of critical mineral blocks, inviting global bidders to participate. 16 blocks are up for Composite License and 4 for Mining Lease.

India Launches 125 Projects for Critical Mineral Exploration

November 29, 2023 19:00

India has launched 125 new projects to explore critical minerals, aiming to reduce reliance on imports and support renewable energy, defense, and agriculture sectors.

India Business News: Stock Market Gains, Rupee Recovers, Govt Auction of Minerals - Nov 28

November 28, 2023 20:57

Get the latest business news from India, including stock market updates, rupee performance, government auction of critical minerals, and more.

India Auctions Critical Minerals: 20 Blocks on Sale

November 28, 2023 14:37

India's first auction of critical minerals, including lithium, graphite, and cobalt, will take place on Nov 29, aiming to boost economic development and national security.

India to Auction 20 Critical Minerals on Nov 29

November 28, 2023 13:11

India's first auction of critical and strategic minerals, including 20 blocks, will take place on November 29, aimed at boosting economic growth and national security.

India's Critical Minerals Policy: Strengthening Supply Chains & Recycling

November 27, 2023 18:13

India's Mines Ministry is developing a policy for critical minerals, focusing on supply chain resilience, recycling, and international collaborations. Learn more about the initiative.

India: Top Coking Coal Importer, Rising Prices a Concern - ISA

November 6, 2023 16:55

India will continue to be the leading importer of coking coal, but rising prices are impacting the steel industry. Learn about the challenges and solutions discussed at the ISA Coking Coal Summit.

India Remains Top Coking Coal Export Market: ISA

November 6, 2023 11:54

India's steel industry faces challenges from rising coking coal prices, but remains the largest export destination. Industry body ISA discusses solutions and partnerships.

Gujarat Mineral Development Corp Q2 Profit Drops 51%

November 1, 2023 21:39

Gujarat Mineral Development Corp (GMDC) reported a 51% drop in Q2 profit to Rs 74.58 crore, with consolidated income also declining. Read more about the company's performance.

Company Name
Price
Volume

Vodafone Idea L
7.04 ( -1.68)
102363129

Srestha Finvest
0.51 ( -3.77)
22605309

GMR Airports
76.30 (+ 0.83)
19768792

Bajaj HindusthanSuga
19.57 ( -2.59)
15088109

G G Engineering
0.90 ( -3.23)
13176176

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Search result for 'miner'

NMDC Operations Resume After Worker Protests

NMDC Worker Unions Protest Despite Wage Talks

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SC Upholds States'' Power to Tax Mineral Rights

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NMDC Raises Iron Ore Prices by Rs 400/tonne

India, US To Discuss Critical Minerals Pact: Goyal's Visit

NLC India Targets 1 MTPA Critical Mineral Mining by FY30

India's Diamond Exports to Fall 18-19% in FY25: Report

Diamond Polishing Industry Revenue to Decline: Crisil Ratings

Diamond Industry Faces 25-27% Revenue Decline in FY25

GCCI Demands Review of Supreme Court Mineral Taxation Ruling

Hindustan Zinc Demerger Update: Two Verticals Instead of Three - CEO

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SAIL to Participate in Critical Mineral Mission: Chairman

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