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Vedanta hopeful of resuming iron ore mining in Goa by Oct

Last Updated: Saturday, July 11, 2015, 19:20

Billionaire Anil Agarwal-led mining firm Vedanta Ltd Saturday said it is hopeful of restarting iron ore mining in Goa from October.

CBI charge sheets company of cheating bank by Rs 102.45 cr

Last Updated: Monday, June 29, 2015, 21:00

CBI has charged a Gurgaon-based businessman with cheating Indian Overseas Bank of Rs 102.45 crore by submitting forged bills of iron ore exports.

Tomar asks NMDC to raise output to meet 75 MT target by 2020

Last Updated: Tuesday, June 23, 2015, 15:48

Tomar who had visited NMDC headquarters in Hyderabad to review its performance asked the PSU to focus on increasing iron ore production.

India's steel & power project in Afghanistan face hurdles

Last Updated: Sunday, June 7, 2015, 17:35

"The AFISCO project has been put in cold storage. There are several issues. First, it is about the security of the personnel in that country. Then there is a question of economic feasibility as it is difficult to operate there due to a continuous conflict hurting the basic infrastructure," the source said.

Working with states to enable mines auction by year-end: Tomar

Last Updated: Monday, June 1, 2015, 21:13

The Centre is working with states to start by year end the auction process for about 200 mines containing minerals such as iron ore, bauxite and limestone, Steel and Mines Minister Narendra Singh Tomar said.

Daughter to control Australia mine magnate Rinehart's $3 bn trust

Last Updated: Thursday, May 28, 2015, 12:05

The order in the New South Wales state Supreme Court said Bianca Rinehart had demonstrated the ability to robustly assert the rights of the trust against her mother and her company Hancock Prospecting.

Vedanta says will work to lift cap on India iron ore output

Last Updated: Wednesday, May 27, 2015, 15:05

A mining ban that had been in place in Goa since September 2012 was lifted last year, but the resumption of operations was delayed while the government gave environmental clearance.

Citigroup cuts long-term iron ore forecast to $55 as demand shrinks

Last Updated: Wednesday, May 27, 2015, 10:35

Global demand for the steelmaking commodity is likely to decline by more than 60 million tonnes between 2018 and 2025, said Citigroup, 

Odisha governemnt responsible for Posco uncertainty: Pradhan

Last Updated: Tuesday, May 26, 2015, 18:11

The iron ore mines for the project was sent just three days before the new MMDR Act came into being, by then it was clear that mines would be allocated through auction route following modifications in the law.

India denies scrapping of Afghan iron-ore mining project

Last Updated: Sunday, May 24, 2015, 23:10

India has dismissed reports that an Indian consortium has scrapped a multi-billion dollar iron-ore mining deal in Afghanistan, saying only an analysis of the proposed project's opportunities and strengths had been done.

Tata Sponge to shut one klin for 70 days

Last Updated: Monday, May 11, 2015, 13:31

The Company proposes to take a tentative shut-down of one of the kilns, for about 70 days, for replacement of the kiln/cooler shell.

Parl Panel asks govt to allot captive iron ore blocks to RINL

Last Updated: Wednesday, May 6, 2015, 21:14

A Parliamentary panel "strongly" reiterated its recommendation to the government to allot iron ore blocks to state-run steel major RINL to help it achieve the planned capacity addition of 20 million tonne (MT).