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NMDC may spend AUD 12.1 mn for rights issue of Legacy Iron

Last Updated: Monday, July 07, 2014, 14:55

State-owned mining company NMDC Limited may spend nearly AUD 12.1 million to subscribe a rights issue planned by its Australian arm Legacy Iron Ore Limited.

Shots fired as Liberia police quell ArcelorMittal mine protest

Last Updated: Saturday, July 05, 2014, 08:08

Liberia`s security forces fired shots in the air to break up a protest at an ArcelorMittal SA iron ore plant northeast of the capital on Friday, authorities and witnesses said.

Sesa expects to resume Goa iron ore production in Sept

Last Updated: Thursday, July 03, 2014, 13:35

Sesa Sterlite Ltd, India`s largest private iron ore miner, expects to resume production in the country`s Goa state in September, a senior official of the company said on Thursday.

Manohar Parrikar takes objection to iron ore capping

Last Updated: Sunday, June 29, 2014, 18:27

Goa Chief Minister Manohar Parrikar has taken objection to capping of iron ore production in the state in the name of `intergenerational equity`.

Sesa Sterlite hopes to start Goa mining in 2nd half of fiscal

Last Updated: Tuesday, June 17, 2014, 00:28

Metal and mining conglomerate Sesa Sterlite hopes to start mining in Goa in the second half of the current fiscal.

Iron ore shortage, if any, due to Odisha's faulty policy: FIMI

Last Updated: Wednesday, June 11, 2014, 15:58

Refuting allegations by steel makers of a shortage in domestic iron ore supply, miners body FIMI has said a paucity in some regions is not because of the inability to produce more but due to a faulty policy of Odisha state.

JP Morgan cuts ratings on Coal India, NMDC

Last Updated: Thursday, June 05, 2014, 10:44

On NMDC, JP Morgan says it expected just "broadly stable" domestic iron ore prices, while noting "weak" global iron ore prices as another factor.

NMDC hikes iron ore prices by up to Rs 300 a tonne

Last Updated: Wednesday, June 04, 2014, 22:55

State-run miner NMDC has raised iron ore prices by Rs 250-300 a tonne for June allegedly aimed at cashing in on subdued domestic supply scenario, a move that might stoke steel prices.

Odisha sees iron ore output steady despite mine closures

Last Updated: Monday, June 02, 2014, 11:47

India`s top iron ore producing state Odisha expects output in 2014/15 to hold around last year`s level as it fast-tracks licence renewals for mines shut down by a court order, a top official said on Monday.

Parrikar against e-auction of iron ore, favours open tendering

Last Updated: Friday, May 23, 2014, 22:58

Goa Chief Minister Manohar Parrikar on Friday said he does not favour e-auctioning of iron ore as it burdens the state government with providing logistic support to buyers, who bid for the raw material.

Parrikar against e-auction of iron ore; favours open tendering

Last Updated: Friday, May 23, 2014, 20:15

Goa Chief Minister Manohar Parrikar on friday said he does not favour e-auctioning of iron ore as it burdens the state government with providing logistic support to buyers, who bid for the raw material.

Odisha mining stay: SAIL has enough ore stocks to run plants

Last Updated: Monday, May 19, 2014, 14:57

In the wake of Supreme Court's interim stay on iron ore mining in Odisha by companies whose leases have expired, Steel Authority of India said it has sufficient stocks to run its plants.