Hindalco profit sinks on high costs, plans to raise $124 millionHindalco’s costs surged 24% during the quarter, with power expenses almost doubling.Bloomberg News | November 11, 2022 | 9:37 am
Rio Tinto’s long-awaited deal comeback is stuck in limboRio has struggled to win investor support for the Turquoise…Bloomberg News | November 11, 2022 | 9:29 am
Vedanta says state revenue share would make Barmer oil asset unviableThe government has said it is entitled to increase its…Reuters | November 11, 2022 | 9:14 am
India to end decades-old state monopoly on coal For the first time in almost 50 years, private companies would be allowed to mine and sell coal. Cecilia Jamasmie | June 18, 2020 | 7:00 am
Global nickel output to decline 19% y-o-y in 2020 — report Over the coming months, Fitch expects nickel output to rise as prices improve and economies restart. MINING.com Editor | June 15, 2020 | 12:42 pm
Tajik-Chinese antimony project delayed to October The venture could produce up to 21,000 tonnes of antimony and 2.5 tonnes of gold per year. Reuters | June 15, 2020 | 8:01 am
Top miners in good position to weather covid-19 – report PwC forecasts that miners will take a hit to EBITDA of approximately 6% in 2020. MINING.com Editor | June 12, 2020 | 12:13 pm
India’s NMDC halts key iron ore mine The 6 million tonnes per annum Bacheli mine is NMDC's largest, accounting for nearly 40% of its annual production capacity. Reuters | June 12, 2020 | 8:20 am
PNG amends mining laws to boost revenue The country says it would not break legitimate exploration or development contracts or agreements. Reuters | June 11, 2020 | 10:53 am
Mining billionaires who made their fortunes the fastest The richest in the sector took 16 years on average to make a billion dollars. Cecilia Jamasmie | June 10, 2020 | 11:39 am
Covid-19 has everyone ditching coal quicker – except Asia In Asia, the appetite for coal is roaring back and expected to continue growing. Bloomberg News | June 10, 2020 | 11:01 am
Gold imports by India tumble for a second month Imports slumped by about 99% in May, disrupted by restrictions to control the coronavirus outbreak. Bloomberg News | June 9, 2020 | 11:35 am