The Indian group opposing Imperial Metals Corp.'s Red Chris mine, known as the Klabona Keepers, says that nobody properly consulted its members about the project, a "grave and serious" violation of aboriginal rights.

The market has witnessed the highest sale of gold as well as silver coins since January. Consequently, the US Mint has credited to sell 112,000 ounces of gold coins along with 3.68 million ounces of silver coins, during the last month.

Irrespective of its 64% gain in first fiscal quarter, Coal India, the world's largest coal miner, fears its second quarter growth would not be in the tune of former. The reason of it is said to be the upcoming wage-hike in the company.

Tata Steel has reported its net consolidated profit increased three-old, amounting to Rs 5,346.55 crore. The said profit is for the first quarter ending on June 30.