Mining

Posco gets environment clearance for Orissa steel project

01 Jan 2010

South Korean steel major Posco has got final clearance from India's ministry of environment and forests for acquiring forest land in Orissa for its $12-billion steel project.

China on warpath again ahead of 2010 iron ore price negotiations

31 Dec 2009

China Minmetals inks deal with Shunde for Chilean iron ore

31 Dec 2009

Minmetals' subsidiary, China Minmetals Zhuhai Import and Export Trading Co Ltd, has signed an agreement with privately-owned Shunde Rixin Development Co Ltd to import and market iron ore from Chilean mines owned by Rixin.

Kazakhstan is now the world's biggest uranium producer

31 Dec 2009

Kazakhstan’s announcement that it has overtaken Canada and Australia to become the world's biggest uranium producer comes even as uranium miners increase production to serve a resurgent global nuclear power industry.

Neyveli Lignite to enter power generation, coal mining

31 Dec 2009

Chinese bank, Kazakh trust to jointly invest $2.7 billion in Kazakh copper mine

31 Dec 2009

As part of their continuing hunt for minerals around the world, Chinese companies are now eyeing copper deposits in Kazakhistan.

Goldcorp sweetens Canplats offer to $265 million

30 Dec 2009

International Royalty dumps Franco-Nevada offer after Royal Gold's $749 million bid

29 Dec 2009

Chinese companies to acquire Canada's Corriente Resources for $651 million

29 Dec 2009

Government to sell 8.38 per cent stake in NMDC

29 Dec 2009

India raises export duty on iron ore by 5 per cent

26 Dec 2009

Sale of 10 per cent NMDC stake to fetch Indian government Rs23,000 crore

26 Dec 2009

The government is expected to finalise its divestment plans by mid-January and the public offer is likely to take place in March 2010

India’s coal reserves to run out in 45 years

26 Dec 2009

Debunking a myth that India had usable coal reserves that would last 200 years, a report from The Energy and Resources Institute says the country is likely to run out of usable coal reserves in about 45 years.

Coal India plans tie-up for overseas mining projects

23 Dec 2009

BHP Billiton exits from $2-billion Philippine nickel project

22 Dec 2009

Macarthur Coal set to take over Gloucester Coal

22 Dec 2009

Bucyrus to acquire Terex mining unit for $1.3 billion

21 Dec 2009

Nava Bharat buys major chunk of Zambia coal mine

21 Dec 2009

Indian government working on new mining law: minister

19 Dec 2009

Rio Tinto awards $200 million mining contract to indigenous joint venture

18 Dec 2009

ArcelorMittal given mining rights in Jharkhand

15 Dec 2009

HC stays CBI probe into illegal mining in Andhra Pradesh

15 Dec 2009

Grupo Mexico pays Asarco’s $1.79 billion environment cleanup bill

11 Dec 2009

Grupo Mexico regains control of US copper mine Asarco, after Sterlite loses legal battle

10 Dec 2009

First Quantum acquires BHP's Australian nickel mine for $340 million

10 Dec 2009

With nickel prices having dropped to a historic low, BHP has been forced to  divest its nickel operations inWestern Australia, within a year of its comencement