Mining
Swiss miner Xstrata finds Glencore’s new offer too low
10 Sep 2012
The merger would create the world's fourth-largest mining company by market capitalisation, behind BHP Billiton, Vale of Brazil and Rio Tinto
SC directs CBI to probe Karnataka iron ore mining scam
07 Sep 2012
The bench comprising justices Aftab Alam, K S Radhakrishnan and Swatanter Kumar also allowed custodial interrogation by the agency
Government rejects BJP demand to cancel allocation of 142 coal blocks
03 Sep 2012
A Parliament panel report, meanwhile, pointed to the paradox of private parties failing to develop coal blocks allotted to them, whereas state-run CIL is looking overseas to acquire coal assets
Chalco drops $926mn bid for SouthGobi Resources
03 Sep 2012
Chalco, China's biggest aluminum producer, has dropped its proposed $926 million takeover bid for the former Ivanhoe Mines' stake in SouthGobi Resources following opposition from the Mongolian government
SC allows 18 mines in Karnataka to resume operations
03 Sep 2012
The Supreme Court today allowed 18 mines to resume mining iron ore in Karnataka with certain conditions following a suspension of over a year on environment concerns
