Mining
Barrick Gold doubles spending cuts to $2 bn as gold prices slump
08 Aug 2015
According to some industry experts, gold prices could drop further if the US Federal Reserve takes a positive stance on interest rate hike later this year
Australian court revokes approval for Adani's $12.2 bn Carmichael coal mine
05 Aug 2015
Two reptile species, yakka skink and an ornamental snake, are now threatening to hold up Adani Group’s $12.2-bn Carmichael mine project in Australia
US coal miner Alpha Resources files for bankruptcy
04 Aug 2015
Even as President Barack Obama outlined the new Climate Act that is expected to hit the coal industry, Alpha Natural Resources Inc, the second-biggest coal miner in the US, has filed for Chapter 11 bankruptcy protection
Coal scam: Charges framed against Madhu Koda, 8 others
31 Jul 2015
The nine accused have been put on trial by the special court in connection with the alleged irregularities in the allocation of a coal block
OceanaGold acquires Romarco Minerals for C$856 mn
31 Jul 2015
The consolidation is aimed at creating the world’s lowest cost gold producer
Canadian mining giant Potash Corp to buy German rival K+S AG for nearly €8 bn
30 Jun 2015
PotashCorp, the world's largest potash producer and the third-largest producer of nitrogen and phosphate, is keen to combine with K+S, Europe's largest supplier of potash and the world's largest salt producer
Rio Tinto exits Zimbabwe selling off diamond and coal assets
29 Jun 2015
Anglo-Australian mining giant Rio Tinto Plc has sold its entire stake in Zimbabwe diamond and coal mines to local mining groups, to focus on its core diamond operations elsewhere
Adani halts work at Australia's Carmichael mining project
24 Jun 2015
Speculation is rife that Adani might scrap the project altogether amidst relentless protest and legal threats and a not-so-friendly government in Queensland
Vedanta annexes Cairn India in $2.3-bn all-stock deal
15 Jun 2015
The merger will help debt-laden Vedanta to use debt-free Cairn India’s cash reserves of over Rs16,800 crore to part pay its Rs37,636 crore debt
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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