Ore - Latest News on Ore | Read Breaking News on Zee News

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.

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.

MOIL profit drops 31% to Rs 102 cr in Jan-Mar quarter

Last Updated: Friday, May 29, 2015, 17:19

Shares of the company closed at Rs 243.95 apiece on BSE, down 1.69 percent from previous close.

NMDC Q4 profit declines 31% to Rs 1,347 cr on lower sales

Last Updated: Thursday, May 28, 2015, 17:00

NMDC stock fell by 0.45 percent to close at Rs 131.55 per share on the BSE.

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.

Essar to develop 3 berths at Vizag port for Rs 1,200 cr

Last Updated: Thursday, May 14, 2015, 15:25

The project will be developed at a cost of Rs 1,200 crore over a period of three years.

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).

LIC acquires NMDC shares worth over Rs 1,116 cr

Last Updated: Wednesday, May 6, 2015, 13:56

State-owned iron ore miner NMDC on Wednesday said Life Insurance Corporation of India (LIC) has acquired almost 8 crore of its shares shares worth over Rs 1,116 crore in a market purchase.