Mine

'He's not just an asset, he's a valued partner and colleague,' Phanny, the rat's handler, said.

Bright purple cloud in Chile leaves citizens puzzled

After being alerted by citizens, officials soon began investigating the bizarre phenomenon.

Lanco alleges overpayment of AUD 500 mn for an Australian mine

Lanco Infratech, the owners of Griffin Coal, has filed a petition against Australian advisory and investment firm Kordamentha in a Western Australian court alleging that latter misled it by withholding two important issues on the mine's capacity resulting in overpayment of USD 500 million (USD 382 million).

CIL may soon sign pact with South African Co for mines

State-run Coal India may soon enter into a pact with a South African government-owned company for acquisition of mines in that country.

Tata Steel OMQ division bags honour

The Tata Steel OMQ division also got the Best Green Organisation of the Year by the Noamundi Iron Mine in the category of National Awards for Excellence in Green & Waste in the World CSR Day organised by the "National CSR Leadership Congress & Awards".

Expect power costs to come down by up to 50 paise a unit: Goyal

Overall, states can look to save about Rs 25,000 crore when the new coal linkage policy is implemented by all states, says Union Minister for Power and Coal Piyush Goyal.

Govt to get Rs 5800 cr from country's 1st mine lease auction

Steel and Mines Minister Narendra Singh Tomar in a tweet congratulated Chhattisgarh government and the Mines Ministry "for bumper success of mining lease auction done for the first time in country".

Govt initiatives to take India's growth to 9-10%: Jaitley

Jaitley said the government has created transparent environment and has given up discretionary powers to dole out incentives to corporates.

Nifty ends below 8250, Sensex up 154 pts; banks in red

Metal stocks ruled the roost with Sesa Sterlite, Hindalco and Coal India gaining 2-4 percent each. Other gainers in the Sensex were Tata Motors and Hero Motocorp. Bharti Airtel fell over 1 percent while banks in red with some marginal loss. ICICI Bank and SBI were down 0.2-0.6 percent.

Sesa expects to restart Karnataka iron ore mine soon

The company in August stopped producing from its lone operational mine in the southern state pending the renewal of its licence, exacerbating a shortage of the raw material for users such as JSW Steel Ltd and Kalyani Steels.

Sarda bets on iron ore mine if it can't win back coal block

Director GD Mundra says the company would make all efforts to win back coal block de-allocated by the Supreme Court but if it fails to, it has sufficient fall-back in the form of a restarted iron-ore operation.

GVK wins environmental permit for Australian coal mines

The Land Court of Queensland in Australia had earlier granted conditional clearance to Alpha Coal Mine project.

Iron ore glut: Are shutdowns the only way out?

Brazilian mining company Vale was equally optimistic; CEO and President Murilo Ferreira expects prices to reach USD 95-USD 100 before year-end, he told the Nikkei newspaper.

Pact for developing CIL mines under PPP in final stage

The model contract agreement on public-private partnership mode for developing Coal India mines is in the final stage of approval.

Coalgate: Banks to be hit but impact to be clear post Sep 1

The Supreme Court‘s verdict terming allocations of all the 200-plus coal blocks granted between 1993 and 2009 as illegal has raised a quandary over how much of an impact it will have on the financial sector.

SAIL asked to deposit bank guarantee of Rs 57 lakh

The Coal Ministry has asked Steel Authority of India Ltd to deposit a bank guarantee of Rs 57 lakh for delaying development of a mine in Jharkhand allocated to the company for captive use.

JSPL lauds coal auction to pvt cos; getting many nods snag

Starting physical production of coal from mines remains one of the biggest challenges and land acquisition could be the second stumbling block, says actually starting physical production of coal from mines remains one of the biggest challenges and land acquisition could be the second stumbling block

SAIL to invest Rs 2,952-cr for raising Gua mine capacity

Steel Authority of India (SAIL) has earmarked an investment of Rs 2,952 crore for expanding capacity of its Gua iron ore mine and setting up of beneficiation and pellet plants in Jharkhand.

Colombia coal to fulfill captive requirement: Monnet Ispat

Monnet Ispat is close to acquiring a coking coal mine in Colombia and CMD, Sandeep Jajodia expects to use the coal for captive requirement as well as for trading. He further elaborated that domestic steel prices have been rangebound in the recent past and hopes the worst is over.

Illegal mining:Goa to file FIRs against ex CMs, officials

A day after Shah Commission's report on Goa's illegal mining was tabled in the Parliament, the state government has decided to file FIRs against two former chief ministers and scores of bureaucrats for their alleged iinvolvement in the mining scam.

SC lifts ban on 18 iron ore mines in Karnataka

The Supreme Court has allowed 18 mines to resume iron ore mining in Karnataka, the country's second-largest supplier, after a suspension of over a year on environment concerns, Justice Aftab Alam and Justice Ranjana Prakash Desai said on Monday.

Mine given to JSPL faces de-allocation

Two coal blocks including one given to Congress MP Naveen Jindal's JSPL face the prospect of de-allocation as their cases would be under special focus at the meeting of inter-ministerial panel tomorrow.

July mineral output up 2.24%; output valued over Rs 15Kcr

Country's production of minerals went up 2.24% in July over the earlier month and was valued at more than 15,500 crore, the government said today.

Three feared killed in mine mishap in Goa

At least three persons were feared dead after a ''tailing stack'' of a mine collapsed at Cuddegal, Sanvordem, in South Goa.

Draining flooded Australia mines could take weeks

Australia's flood-stricken coal industry was facing lengthy disruptions on Thursday, with one miner saying it could take weeks to drain its pits of water and the biggest coking coal port warning there was a risk its stocks could run out.