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, 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: 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.
Last Updated: Friday, April 10, 2015, 17:45
Minerals major Sesa Sterlite Friday reported a decline in production of oil and gas, zinc and iron ore for the financial year 2014-15.
Last Updated: Saturday, March 21, 2015, 19:30
The Union Ministry of Environment and Forest (MoEF) has issued an order revoking suspension of environmental clearances (ECs) to 72 iron ore mines in Goa, giving some boost to the coastal state's economy.
Last Updated: Friday, March 20, 2015, 16:25
The Mines and Minerals (Development and Regulation) Amendment Bill, 2015, was passed by the Rajya Sabha earlier today and later approved by the Lok Sabha within 20 minutes.
Last Updated: Friday, March 20, 2015, 13:40
The Bill was passed by 117 members voting in favour and 69 against it, after Mines Minister Narendra Singh Tomar moved it for passage.
Last Updated: Monday, March 16, 2015, 16:48
With 152 million tonne production against consumption of 111 MT in 2013-14, there is no dearth of iron ore in the country, the government Monday informed Parliament.
more videos >>
