Coal scam: H C Gupta had active role in conspiracy, says CBI

Last Updated: Monday, September 14, 2015, 19:12

CBI Monday alleged that former Coal Secretary H C Gupta had played an "active role" in the conspiracy to allocate a coal block to accused firm Pushp Steels and Mining Pvt Ltd (PSMPL) and violated the guidelines of Ministry of Coal (MoC).

Vedanta Aluminium goes on workforce reduction, cost cuts

Last Updated: Thursday, September 10, 2015, 22:06

Mining giant Vedanta Resources has resorted to "aggressive cost reduction" and "workforce reduction" in its aluminium segment amid subdued and volatile market conditions globally.

Adani loses key customer for Carmichael mine in Australia

Last Updated: Thursday, September 3, 2015, 12:21

LG issued a statement yesterday saying, "The LoI concluded by and between LG International Corp and Adani Mining Pty Ltd was non-binding and is invalid as of July 21, 2015 in accordance with the expiration of the LOI".

More mining cos gear up to begin iron ore extraction in Goa

Last Updated: Sunday, August 23, 2015, 19:17

Following Vedanta, three more mining companies have expressed their intent to resume iron ore extraction activity in the state, a mining exporters' body in Goa has said.

Mining giant Glencore reports $676 mn first-half loss

Last Updated: Wednesday, August 19, 2015, 19:49

Swiss mining giant Glencore on Wednesday reported a first-half loss of $676 million (620 million euros), a performance hit by what the company called the worst commodities market since the financial crash of 2008-09.

Australia moves to reduce legal challenges to mining projects

Last Updated: Wednesday, August 19, 2015, 19:47

Australia plans to change the law to stop environmental groups from launching "endless legal sabotage" against developments, Prime Minister Tony Abbott said Wednesday after a court this month blocked a massive India- backed mine.

Adani hits out at activists after Standard Chartered exit

Last Updated: Tuesday, August 11, 2015, 15:44

Indian firm Adani Tuesday accused environmental activists of exploiting legal loopholes to stall a massive Australian coal mine, after Standard Chartered bank withdrew as a financial adviser to the project.

Adani's mine project: India conveys disappointment to Australia

Last Updated: Tuesday, August 11, 2015, 15:11

India has conveyed its disappointment to Australia over the derailing of mining giant Adani's controversial 16.5 billion dollar project in Queensland on issues relating to environment.

Vedanta resumes iron ore mining in Goa, pegs rate below $45/tn

Last Updated: Monday, August 10, 2015, 21:01

The Anil Agarwal-led company today said it has received all approvals to restart mining at its Codli and Bicholim mines in Goa while announcing the reopening of Codli mine.

Sesa Goa announces resumption of mining operations

Last Updated: Monday, August 10, 2015, 13:59

Sesa Goa, a subsidiary of Vedanta Monday announced resumption of its mining operations in the state, after a gap of three years.

Profits will dip as mining cake has shrunk: Vedanta official

Last Updated: Monday, August 10, 2015, 13:56

As Vedanta Ltd, formerly known as Sesa Sterlite, gets down to resuming mining operations in Goa after three years, the company's iron ore business CEO Kishore Kumar said the mining cake has shrunk.

Vedanta to restart iron ore mining operations in Goa

Last Updated: Monday, August 10, 2015, 11:48

Anil Agarwal-led mining firm Vedanta on Monday said it has received necessary government approvals and will resume operations from today at its biggest iron ore mine at Codli in Sanguem taluka in Goa.