'Radha Timblo was operating mine on a Pakistani's behalf'
Goan mining magnate Radha S. Timblo, accused of stashing black money in a Swiss bank, was indicted by an apex court committee in 2012 for illegally operating a mining lease with a questionable power of attorney executed by a Pakistani national.
Oct 27, 2014, 16:02 PM IST
ICVL to invest $500 million in its Mozambique coal mines
ICVL is also looking to appoint a full-time official with rich experience in coal mining to head the operation of the Mozambique mines to turn them into a profitable venture.
Oct 26, 2014, 13:20 PM IST
Glencore Xstrata reports switch into profit
Mining giant Glencore Xstrata reported a sharp improvement in first-half performance on Wednesday, marking a big switch back into profit.
Aug 20, 2014, 15:38 PM IST
Iron ore production sufficient to meet domestic demand: Govt
Iron ore production in the country is sufficient to meet the domestic demand and steel makers are not facing any shortage of the key input, government said Monday.
Jul 21, 2014, 21:16 PM IST
India will not restrict iron ore exports: Minister
India does not plan to restrict exports of iron ore despite curbs on illegal mining, Minister of State for Steel Vishnu Deo Sai said on Monday, adding that there was still enough of the raw material for domestic steelmakers.
Jul 21, 2014, 17:39 PM IST
Aussie body offers help on sustainable mining
There was also need to ensure good returns to communities besides proper environmental impact assessment.
Jul 16, 2014, 15:29 PM IST
Adani's multi-billion dollar rail project awaiting final nod
The proposed AUD 16.5 billion mine and rail project of Indian mining major Adani Mining Pty Ltd in Queensland is awaiting the final nod from federal environment minister Greg Hunt and is expected to be taken by August 1st this year.
Jul 07, 2014, 12:51 PM IST
Mining, resources are Modi government's priorities: Barclays
Clarity on mining regulations and auction of mineral resources, besides tackling fuel security are top priorities of the Modi government, global banking and financial services company Barclays said in a report Wednesday.
Jul 02, 2014, 23:39 PM IST
China group used same metal stocks to borrow $2.5 bn: Report
A Chinese mining group allegedly used the same commodity stocks as collateral for loans of more than USD 2.5 billion from different banks, state-run media reported, with its other lenders also including Standard Chartered, HSBC, and BNP Paribas.
Jun 18, 2014, 17:57 PM IST
Mining output fell in 2000s on higher imports: Report
The mining sector witnessed a marked fall in output growth rate in the 2000s as mainly increased domestic demand for crude oil was being met through imports, says a report.
Jun 11, 2014, 22:27 PM IST
Goa mining stakeholders want early resumption of operations
The drafting of a new mining policy, which is mandatory to resume iron ore extraction and exports from Goa, should be expedited so that the key industry gets back on its feet, according to stake-holders.
Jun 07, 2014, 13:25 PM IST
