Metals & Mining

National Aluminium Company ltd (NALCO), Hindustan Copper Ltd (HCL) and Mineral Exploration Corporation Ltd (MECL) have signed a pact to explore a joint venture formation. “An MoU was signed today…among NALCO, Hindustan Copper Limited and Mineral Exploration Corporation Ltd at Bhubaneswar to explore the possibility of forming a joint venture company,” NALCO said in a […]

India’s Adani Enterprises said on Monday it plans to begin work in October to build the controversial Carmichael coal project in Australia, aiming to make its first shipment in March 2020. The project has been delayed for years by court challenges from green groups and indigenous groups concerned about climate change, and the impact on […]

In an attempt to boost mining activities in the country, the Union government is all set to introduce PPP model in the segment, said the concerned minister. On this score, he called upon young mining aspirants to set up a committee to develop a position paper to speed up exploration activities. This committee should look […]

Scania CV India has launched the new U-BODY tipper designed to increase the productivity in the country’s mining sector. The Swedish company and a leading manufacturer of commercial vehicles and engines has designed the tipper to suit Indian conditions which brings down the Total Operating Economy.The launch of the new CV for coal, iron ore […]

Abhijeet Group’s coal-based power project in Banka, Bihar, is likely to face hurdles. Abhijeet Group, engaged in power, mining, roads construction, steel, and ferro alloys businesses, created a special purpose vehicle, Jas Infrastructure Capital, to execute a coal-based power project in Banka, Bihar. The project is involved in setting up a 1,320 MW (2x 660 […]

NTPC Ltd is looking ahead with the production of coal for about 3 Millon Tonnes of coal in the current financial year, a company press release informed. After start of coal production and dispatch of coal from Western Quarry of Pakri-Barwadih coal mine in December 2016, NTPC has now started the same from Eastern Quarry […]

China-led Asian Infrastructure Investment Bank has approved USD 150 million equity investment loan to the India Infrastructure Fund, the banks first such loan to fund private projects, a statement said today. The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) who met in Jeju in South Korea has approved USD 150 million equity […]

Lack of enabling provisions and some restrictive conditions in the country’s National Mineral Exploration Policy (NMEP) appear to be keeping foreign mining majors away from India.No mining or exploration company from abroad is on the approved list of the National Mineral Exploration Trust, despite the fact that it had floated an expression of interest for […]