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Indian Iron Ore
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JSW Steel Has Announced Its Financial and Operational Results
Oct 28, 2014Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the first half ended September 30 of the financial year 2014-15, posting a net profit of INR 15.6 billion ($254.4 million), compared to a net ...
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Sesa Goa Received Permission From The Monitoring Committee
Dec 31, 2013Indian iron ore producer Sesa Goa has announced that it has received permission from the monitoring committee appointed by India's Supreme Court to resume mining activities at its Karnataka mine. Accordingly, the company has commenced its ...
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Sesa Goa Has Announced Its Financial and Operational Results for Q4
May 2, 2013Indian iron ore producer Sesa Goa has announced its financial and operational results for the fourth quarter and the full financial year 2012-13 ended March 31. In the fourth fiscal quarter, Sesa Goa's net profit decreased by 74 percent ...
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India's Supreme Court Has Decided to Lift The Mining Ban in Karnataka State
Apr 22, 2013India's Supreme Court has decided to lift the mining ban in Karnataka state, allowing 18 more mines, both category A and B, to resume operations 21 months after imposing a mining ban in the state for environmental reasons, according to ...
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Sesa Goa Announced Its Financial and Operational Results for The Third Quarter
Jan 28, 2013Indian iron ore producer Sesa Goa has announced its financial and operational results for the third quarter and the first nine months ended on December 31 of the financial year 2012-13. In the third fiscal quarter, Sesa Goa's net profit ...
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Astra Resource Announced That It Is Negotiating The Acquisition of Iron Ore Mines
Jan 22, 2013London-listed resources company Astra Resources has announced that it is negotiating the acquisition of up to three iron ore mines in the Keonjhar district of the Indian state of Orissa. Three iron ore mines have been identified to meet ...
Tags: Astra Resources, iron ore mines, iron ore
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It's Not Just Congress Leaders Who Have Been Beneficiaries of The Iron Ore Mining
Jan 7, 2013Hindustan Times reported that it’s not just Congress leaders who have been beneficiaries of the iron ore mining business in Goa. Affidavits filed with the Election Commission ahead of Assembly polls in 2012 have revealed that at least ...
Tags: iron ore mining, iron ore, mining trade, India
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Iron Ore Consumption in Domestic Steel Units Went up in December
Jan 7, 2013Business Standard reported that iron ore consumption in domestic steel units went up in December after the Odisha government asked the miners to set aside half of their mineral production for local industries. In December, local crusher ...
Tags: iron ore consumption, iron ore, mineral production, local industries
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NMDC Has Reduced The Price of Iron Ore Lumps by 5.9%
Jan 6, 2013moneycontrol.com reported that Indian iron ore miner NMDC has reduced the price of iron ore lumps by 5.9% or INR 320 Per tonne for the current month mainly to align rates with the landed cost of the imported raw material. At a Board ...
Tags: India, iron ore, NMDC, raw material
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Indian Iron Ore Production Is Expected to Fall by 40% to 100 Million Tonnes in 2012-13
Dec 28, 2012Business Standard reported that Indian iron ore production is expected to fall by 40% to 100 million tonnes in 2012-13 as compared with 167 million tonnes 2011-12, which had also seen sharp decline from 208 million tonnes produced in ...
Tags: iron ore production, iron ore, iron ore export, iron, ore
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Business Line Quoted a Report of The Comptroller and Auditor General of India
Dec 28, 2012Business Line quoted a report of the Comptroller and Auditor General of India as saying that illegal mining during the period 2006 to 2011 in 3 districts of Karnataka has resulted in a loss of INR 3,414.45 crore in revenue, of which the ...
Tags: iron ore mining, iron ore, mining, iron ore value
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Sattari and Bicholim Talukas Is to Have a 10 Tonne Tipper Truck Parked in Its Backyard
Dec 28, 2012Almost every house in the vicinity of an iron ore mine in Goa's Sanguem, Sattari and Bicholim talukas is likely to have a 10 tonne tipper truck parked in its backyard. Some have 2, 3 or even 4 trucks parked. In all, there were about 25,000 ...
Tags: iron ore mine, Goa, Sanguem, India
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Condition for Indian Steel Players Is Worse When Compared to Their Global Peers
Dec 20, 2012Economic Times reported that condition for Indian steel players is worse when compared to their global peers. At a time when global steel prices are rising, prices domestically have remained flattish due to subdued demand and continuing ...
Tags: steel, steel prices, flat steel, scrap
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Odisha Found Itself in a Tight Spot Over The Role of Its PSU Odisha Mining Corporation
Dec 19, 2012Business Standard reported that the Odisha government recently found itself in a tight spot over the role of its PSU Odisha Mining Corporation in excess production with the opposition pointing out that the state owned miner had extracted ...
Tags: excess production, OMC, coal Mining
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Immediate Resolution to What The Mining Lobby Terms Legal Iron Ore Operations
Dec 14, 2012O' Herald reported that far away from Goa where there is massive popular support for the halt of rampant illegal mining by the Supreme Court in the aftermath of the Shah Commission Report and in an apparent bid to sway the opinion of New ...
Tags: iron ore price news, goa india, mining, iron
