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    • Melting glaciers losing nutrient strength, raising concerns for marine life

      Glaciers are not just frozen water reserves; they are lifelines for marine and river ecosystems. As they vanish, they may still pour water into the seas — but that water could be losing the nutrients that sustain life.

    • Aiming for double digit production growth in FY24: MOIL

      MOIL's sales during the quarter have also improved to 3.91 lakh tonne, up 3 per cent year-over-year (YoY), as per the regulatory filing issued by the company.

    • MOIL falls 4% as govt to sell 10% stake at Rs 365/share

      The Centre on Monday decided to sell the stake in the firm through an offer for sale at a floor price ofRs 365 per share.

    • MOIL hikes manganese ore prices by up to 15%

      "The company has fixed/revised price of various grade of manganese ore for 4th quarter (January-March, 2016) effective from January 1, 2017," MOIL said in a filing to BSE.

    • MOIL hiking manganese prices to hinge on global tariffs: Analyst

      MOIL will see the impact of the price hike in the second and third quarter, says Ankur Kulshrestha, Analyst at HDFC Securities

    • Hope to clear 1.6 MT of iron ore production: Sandur Manganese

      The company will have a turnover of around Rs 200-300 crore in FY17, says Ghorpade. He did not give a strict guidance due to instability in iron ore and manganese prices. The company was plagued with the same issue last fiscal when its turnover for manganese was Rs 17 crore and 47 crore for iron ore.

    • Mineral production up by 2.3% in November 2015

      The index of mineral production of mining and quarrying sector for November (new Series 2004-05=100) 2015 stood at 131.5, higher by 2.3 percent compared to November 2014, the data released by Mines Ministry showed.

    • Govt notifies rules of Mines and Minerals Act

      State governments have been empowered to conduct the auction. They will identify and demarcate areas for minerals auction. This will entail two rounds of minerals auction - technical and financial round.

    • Govt plans to auction minerals like iron ore, bauxite

      The Mines and Minerals (Development and Regulation) Amendment Bill, 2015, which will replace an ordinance promulgated in January, was passed amid vociferous protests by members from TMC, BJD and RSP.

    • Metals slip on royalty rates hike, China PMI at 3-month low

      Steel stocks are also weak on concerns of weak demand after slower growth in China as its factory sector slowed to a three-month low in August. The HSBC/Markit Flash China Manufacturing Purchasing Managers' Index (PMI) fell to 50.3 from July's 18-month high of 51.7.

    • CCEA hikes royalty rates on 23 major minerals

      The union cabinet on Wednesday has decided to hike the royalty rate of 23 minerals including iron ore and manganese. Experts see this as a move to broker peace with states to clinch a deal on GST.

    • Aashish Tater's mutibagger picks: Ion Exchange, MOIL

      In an interview to CNBC-TV18, Aashish Tater, head of research at Fortunewizard.com picks Ion Exchange and Manganese Ore India Ltd (MOIL) as his multibaggers.

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