Mining

AngloGold looks to sell mines in the US, Mali to reduce debt

02 Apr 2015

The world’s third-biggest gold producer, S Africa’s AngloGold Ashanti Ltd, has put on the block its three gold mines to raise capital to reduce its debt

Coalgate: SC stays trial court summons to Manmohan Singh, others

01 Apr 2015

The stay also applies to the summons issued to Hindalco chairman Kumar Mangalam Birla, former coal secretary PC Parakh and three other accused, including Hindalco and its officials Shubhendu Amitabh and D Bhattacharya

Adani meets Queensland premier amidst fresh green threat to mine project

31 Mar 2015

Adani says the mine will create 10,000 jobs and fetch $22 billion in taxes and royalties to Queensland state, but the environment group argues that the 280 sq km Carmichael mine would destry the country's ecosystem and pollute the world

Rio Tinto to cut 1,500 jobs amidst price slump

27 Mar 2015

It is expected that the bulk of the job cuts will come from Western Australia, where the company’s iron ore operations are concentrated

Australian regulator to review Fortescue’s output cap call

25 Mar 2015

HC blocks transfer of Jindal’s bid-winning coal blocks to CIL

24 Mar 2015

Australian coal miner New Hope looks for acquisitions

24 Mar 2015

Buoyed by success, govt to soon auction more coal blocks

24 Mar 2015

Govt to hand over bid-cancelled blocks to Coal India

23 Mar 2015

Mahan coal block in MP forest escapes hammer; Greenpeace gloats

21 Mar 2015

Experts fume as 4 coal block bids rejected for being too low

21 Mar 2015

Coal India plans auction of 10-year fuel linkages: report

20 Mar 2015

Rajya Sabha clears mining bill without too much fuss

20 Mar 2015

The new mining bill to introduce auction of mining blocks to enhance transparency passed the Rajya Sabha today, ensuring that it will be enacted to replace an earlier ordinance

Sesa Sterlite may resume iron ore mining in Goa in two months: report

18 Mar 2015

‘Hidden hand’ behind Bhushan, CBI ex-chief Sinha tells SC

17 Mar 2015

Coal ministry delays award of 5 more coal blocks

16 Mar 2015

SBI rebuts reports of killing Adani’s $1-bn loan proposal

14 Mar 2015

The State Bank of India has denied reports emerging on Friday that it had decided to scotch the Adani Group’s $1-billion loan application for its Australian coal project, but admitted that the proposal is in limbo

SBI to refuse Adani loan for Queensland project: report

13 Mar 2015

SBI seems to have weighed factors, including poor coal prices and the lengthy timeline of the $7 billion coal project as also the political and environmental opposition, before turning down the loan request

Coalgate: Congress stands solidly behind Manmohan

12 Mar 2015

This is the first time that the top Congress brass has taken to the streets after the party's debacle in the Lok Sabha elections in May last year

‘Coalgate’ summonses: top business leaders back Birla

12 Mar 2015

Corporate leaders have come out strongly in support of Aditya Birla Group chairman Kumar Mangalam Birla, saying that there was nothing wrong in a business house making representations to ministers or government officials

CBI court summons former PM Manmohan Singh in coal scam case

11 Mar 2015

While the court move coincided the stalling of the mining bill in the Rajya Sabha, the fact remains that a rejection of the bill will also block the Rs2,00,000 crore gains to the government from sale of the first 32 coal blocks

Queensland’s new Labour govt okays Adani-GVK port plan

11 Mar 2015

Rajya Sabha blocks mining bill, insists on select panel

11 Mar 2015

The opposition has used a perfectly constitutional method to stall the bills as a joint session of parliament cannot be called till the select committees submit their reports and the Rajya Sabha takes a final view on them

Coal, spectrum auctions already past Rs3 lakh crore

10 Mar 2015

The ongoing auctions of coal blocks and radio spectrum have together already added over Rs3 lakh core to the government’s kitty as of Monday; the auction for both the resources continues

Hindalco, Jindal Power bag 1 coal mine each on 3rd day of auctions

07 Mar 2015

Under the second leg of auction, the government has put 15 blocks for sale, which are under ready-for-production category

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