Sebi clears Deccan Gold's rights issue plan

Last Updated: Tuesday, July 21, 2015, 14:37

Mineral exploration firm Deccan Gold Mines has received market regulator Sebi's approval to raise a little over Rs 44 crore through a rights issue.

Hind Zinc Q1 Net up 19% to Rs1921 cr; mineral production up 42%

Last Updated: Monday, July 20, 2015, 19:51

Vedanta Group firm Hindustan Zinc Ltd (HZL) Monday reported a 19 percent growth in its net profit at Rs 1,921 crore for the first quarter ended June 30, 2015, helped by higher volume and rupee depreciation.

India needs to focus on production, value addition, skill: PM Modi

Last Updated: Sunday, May 10, 2015, 16:50

India would have to work for increasing production, value addition to mineral resources and developing the skills of youths to fight poverty in the country, Prime Minister Narendra Modi said Sunday.

Steel Ministry facilitating SPVs with mineral-rich states

Last Updated: Wednesday, May 6, 2015, 15:47

"The Ministry of Steel is facilitating setting up of SPVs in mineral-rich states of Odisha, Chhattisgarh, Jharkhand and Karnataka,"

RINL, APMDC inks deal on magnetite iron ore extraction

Last Updated: Saturday, May 2, 2015, 17:07

The mineral extracted will be processed by APMDC and will be consumed by RINL for its steel making, a press release issued by the state government said.

RINL, APMDC inks deal on magnetite iron ore extraction

Last Updated: Saturday, May 2, 2015, 16:01

State-owned Rashtriya Ispat Nigam Ltd (RINL) and Andhra Pradesh Mineral Development Corporation (APMDC) have entered into a pact to explore and extract Magnetite iron ore in West Godavari district.

NMDC slashes iron ore prices by up to 20%

Last Updated: Saturday, April 18, 2015, 14:51

Coming under pressure from the domestic steel sector, NMDC Saturday slashed iron ore price by up to 20 percent for the remaining days of the current month.

Hind Copper to develop new mines in Chhattishgarh

Last Updated: Friday, April 10, 2015, 18:36

Public sector firm Hindustan Copper Ltd (HCL) Friday said it has got approval from its board for a joint venture with Chhattisgarh Mineral Development Corporation for developing new mines in the state.

Mineral-rich states identify 200 mines for auction

Last Updated: Sunday, April 5, 2015, 13:28

The development comes against the backdrop of government auctioning 33 coal blocks so far to garner a massive over Rs 2 lakh crore.

Bill to introduce auctioning in mines passed by Lok Sabha

Last Updated: Tuesday, March 3, 2015, 20:07

A bill seeking to introduce the system of auction of mines to enhance transparency and augment mineral production was passed in Lok Sabha Tuesday, with the government terming it a "revolutionary" step.

Fimi wants scrapping of export duty on iron ore fines

Last Updated: Monday, February 9, 2015, 18:54

Miners' body Federation of Indian Mineral Industries (FIMI) has sought bringing down export duty on low-grade iron ore and pellets to nil and raising import duty on pellets to 30 per cent in the Budget.

GSI to explore mineral wealth from chopper

Last Updated: Wednesday, January 22, 2014, 23:16

The Geological Survey of India (GSI) will soon start exploring and mapping the mineral wealth of the country using the custom-made advanced light helicopter (ALH) Dhruv, dedicated for heli-borne surveys.