Last Updated: Saturday, May 2, 2015, 19:58
The Odisha government on Saturday decided to allow three more iron ore and manganese mines to resume operations after signing off fresh lease deeds.
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.
Last Updated: Thursday, April 30, 2015, 18:09
India will cut the export tax on low-grade iron ore to 10 percent from 30 percent, Finance Minister Arun Jaitley said on Thursday, a move that will boost shipments of the steelmaking raw material from Goa.
Last Updated: Thursday, April 30, 2015, 17:48
The earnings report was more bad news for a company which had already lost $1.85 billion in the last three months of 2014.
Last Updated: Monday, April 27, 2015, 09:51
Plunging iron ore prices are providing a lifeline for some of China`s biggest steel mills, but raising the prospect of a rising tide of exports and increased friction with the European Union and countries such as India.
Last Updated: Wednesday, April 22, 2015, 12:02
Mining giant BHP Billiton Wednesday said total iron ore production for the nine months to March jumped to a new high as prices remained near a decade-low, but deferred a project to boost output of the commodity to save costs.
Last Updated: Tuesday, April 21, 2015, 13:00
That compared with 518 billion won in operating profit in the same period a year earlier, and 632 billion won in the October-December quarter.
Last Updated: Monday, April 20, 2015, 22:22
State-owned Manganese Ore India (MOIL) has registered a growth of 9.90 percent at 9.77 lakh tonnes in its core production during the fiscal year 2014-15.
Last Updated: Monday, April 20, 2015, 18:06
Shares of state-run mining company NMDC plunged over 5 percent Monday, leading to an erosion of Rs 2,755 crore from its market valuation, after the company slashed iron ore prices by up to 20 percent.
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.
Last Updated: Thursday, April 16, 2015, 09:34
An agreement with India would cap an unprecedented two years for Australian trade negotiators, who have reached landmark free trade deals with China, Japan and South Korea.
Last Updated: Wednesday, April 15, 2015, 20:34
To help domestic steel industry become competitive, the government needs to bring down iron ore prices by 25 percent, industry body Assocham said on Wednesday.
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