Posts by Hindu Business Line:

Rio Tinto eyes India’s thermal coal market

Rio Tinto Ltd, the Anglo-Australian mining firm, is eyeing a share of the rapidly growing Indian thermal coal market. “India's coal imports are projected to touch about 200 million tonnes over next few years. We want to be part of that supply,” said

Gold surges on heavy buying; silver recovers

Gold prices continued to surge at the domestic bullion market here today on heavy speculative and investment buying amidst firm global market. Silver recovered moderately on fresh stockist as well as industrial demand. Standard gold (99.5 purity) spurted

Mining industry hails Reddy’s arrest

The arrests of former Karnataka Minister, Mr G. Janardhana Reddy, and the Managing Director of Obalapuram Mining Company, Mr B.V. Srinivas Reddy, signalled a change for the better in the mining industry, said industry observers.

IPE, U21Global tie-up for education course

The Institute of Public Enterprise, (IPE) in association with the U21Global (an online Graduate School that offers postgraduate programs) have signed a MoU to launch their new online, short-term Joint Executive Education Program in the eLearning mode.

Sesa Goa stops iron ore mining in Karnataka

Sesa Goa, a Vedanta Group company, has stopped iron ore mining at Chitradurga in Karnataka. The Supreme Court on Friday had banned mining activities at Chitradurga and Tumkur districts. A similar ban on mining is already in force at Bellary in the State.

Zinc futures up on global cues

Supported by pick-up in spot demand and a better trend at the London Metal Exchange, zinc futures prices rose 0.39 per cent today. At the Multi Commodity Exchange, zinc for delivery in July traded higher by 40 paise or 0.39 per cent to Rs 103.25 per kg