Green shoots emerge in withered gold mining sector

Last Updated: Tuesday, June 23, 2015, 12:00

In the first quarter, Paris-based asset manager Carmignac Gestion bought 11.65 million shares of Goldcorp, the highest valued gold mining company, making it the Vancouver-based miner`s eighth biggest shareholder.

Anil Agarwal rules out raising offer price for Cairn

Last Updated: Tuesday, June 16, 2015, 20:58

Notwithstanding the criticism of minority shareholders of Cairn India getting a raw deal, billionaire Anil Agarwal Tuesday ruled out his debt-ridden mining firm Vedanta Ltd raising the offer to absorb the cash rich oil firm.

Coal India now sixth-largest mining company in world: PwC

Last Updated: Sunday, June 14, 2015, 15:51

The decline in market value in 2014 was driven largely by iron ore miners, in particular the diversified companies with large exposure.

Cairn India to merge with Vedanta Ltd; to pare debt

Last Updated: Tuesday, June 9, 2015, 18:21

The merger will help cut Vedanta's Rs 37,636 crore gross debt by using Rs 16,870 crore cash lying with Cairn as well as over Rs 14,000 crore of cash the firm generates every year.

Cairn India slips nearly 6% on Vedanta merger buzz

Last Updated: Tuesday, June 9, 2015, 13:20

The Cairn India stock fell 5.56 percent to Rs 170.60, its 52-week low, on BSE. On NSE, it was down 5.69 percent at Rs 170.55.

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.

New legal challenge to Adani's Australian coal mine project

Last Updated: Friday, May 29, 2015, 11:46

Indigenous aboriginal landowners in Australia's Queensland state on Friday announced a fresh federal court challenge to Indian mining giant Adani

Adani Enterprises to exit S&P BSE indices from June 3

Last Updated: Thursday, May 28, 2015, 19:18

Adani Enterprises would be excluded from S&P BSE indices with effect from June 3 amid the demerger of the group's ports, power and mining businesses.

Coal scam: Court to consider CBI's chargesheet on July 1

Last Updated: Thursday, May 28, 2015, 18:04

A special court Thursday decided to consider in July CBI's charge sheet in a case of alleged irregularities in allocation of a coal block in Chhattisgarh to Delhi-based firm Pushp Steels and Mining Pvt Ltd.

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.

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.