BHP Billiton profit dives to 10-year low on commodities rout

Last Updated: Tuesday, August 25, 2015, 15:00

BHP Billiton reported its worst underlying profit in a decade on Tuesday, gutted by plunging iron ore, copper, coal and oil prices, and said it would cut spending more deeply to shore up dividends.

Australia's Fortescue profits dive 88%

Last Updated: Monday, August 24, 2015, 08:37

Fortescue, one of the world`s big four iron ore exporters along with Australia`s BHP Billiton and Rio Tinto, and Brazil`s Vale, made a profit of $316 million for the 12 months to June 30, down from $2.74 billion a year earlier.

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.

Vedanta's Goa mine may restart iron ore export to China

Last Updated: Tuesday, August 18, 2015, 12:53

Representatives of steel manufacturing mills from China's Jiangsu province and Tangshan area are currently in Goa to have discussions with officials of Vedanta's subsidiary, Sesa Iron ore.

Subdued demand hits NMDC Q1 Net, falls 47% to Rs 1,010 crore

Last Updated: Tuesday, August 11, 2015, 21:35

NMDC had reported a net profit of Rs 1,915.01 crore in the corresponding quarter of 2014-15.

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.

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.

Mines auction likely from Oct-Nov; Centre clears 58 blocks

Last Updated: Friday, August 7, 2015, 20:05

The much-awaited auction of mineral-bearing mines, including with iron ore and bauxite, is expected to start from October-November with the Centre handing over a list of 58 explored blocks to 12 producing states.

Vedanta to start iron ore mining operations in Goa next week

Last Updated: Thursday, August 6, 2015, 18:13

Mining conglomerate Vedanta Ltd is likely to start iron ore mining operations at the Codli mines in Goa on August 10.

Tata Steel's iron ore dispatch in Jharkhand takes a hit

Last Updated: Thursday, August 6, 2015, 12:14

Tata Steel on Thursday said the stoppage of issuance of challans by the Jharkhand government has blocked the dispatch of iron ore from its Noamundi iron ore mine in the state to its steel plant in Jamshedpur.