NMDC slashes iron ore lump price by Rs 200 per tonne

Last Updated: Wednesday, August 7, 2013, 16:21

State-owned miner NMDC on Wednesday reduced the price of iron ore lumps by Rs 200 per tonne for August and kept the price of fines unchanged amid subdued demand during the monsoon season.

Legacy Iron signs agreement to acquire gold tenements in Aus

Last Updated: Tuesday, July 16, 2013, 14:36

The agreement was signed last week, the company said.

Iron ore sales for Q1 grew 5.83%: NMDC

Last Updated: Wednesday, July 3, 2013, 17:51

The miner had sold 6.86 million tonnes in the same period last year.

NMDC to ramp up capex to Rs 2,720-cr in current fiscal

Last Updated: Tuesday, June 25, 2013, 17:08

The company had spent Rs 1,607 crore on expansion in 2012-13.

NMDC's Legacy Iron Ore announces AUD 25 million rights issue

Last Updated: Sunday, June 23, 2013, 12:15

Legacy Iron Ore Limited, the Australian arm of state-owned National Mineral Development Corporation (NMDC), plans to raise AUD 25 million by way of rights issue.

NMDC expects average iron ore price to be around Rs 4,000/tn

Last Updated: Sunday, June 2, 2013, 13:44

NMDC expects the average price of iron ore in the current fiscal to be around Rs 4,000 per tonne, a little lower than last fiscal's Rs 4,019 a tonne.

Kothari, Lahiry shortlisted for top job in NMDC

Last Updated: Thursday, May 30, 2013, 19:09

Steel maker SAIL's Burnpur plant head Narendra Kothari and Bharat Coking Coal's chief Tapas Kumar Lahiry were Thursday shortlisted for the post of CMD of iron ore miner NMDC.

NMDC Q4 profit down 11% to Rs 1,464.95 cr

Last Updated: Wednesday, May 29, 2013, 21:01

The state-run company had reported a net profit of Rs 1,642.28 crore during the fourth quarter of 2011-12.

Five PSU heads, ten others in the fray for NMDC top job

Last Updated: Tuesday, May 21, 2013, 15:15

Heads of five state-owned firms, one additional secretary and six director-level officials are among the fifteen in the fray for the top job in iron ore producer NMDC which is running headless for over a year now.

NMDC examining proposals to acquire coal mines in South Africa

Last Updated: Tuesday, May 7, 2013, 18:23

Four years after entering into an agreement with South Africa's Kopano for scouting mineral assets, state-owned NMDC is now examining two proposals for acquiring coal mines in the African country.

NMDC keeps May iron ore prices unchanged

Last Updated: Friday, May 3, 2013, 20:23

State-run miner NMDC Friday decided to keep the prices of iron ore unchanged for the current month after slashing the price of higher grade iron ore (lumps) six times since last October.

SAIL, RINL evince interest to partner NMDC for steel project

Last Updated: Sunday, April 21, 2013, 18:48

NMDC, which had invited Expression of Interests (EoI) in February from global steel biggies to become a joint venture partner for its three million tonnes per annum (mtpa) project, is likely to invite soon a fresh round of EoI, dangling the carrot of more stake or even management control.