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CHINA METALS AUCTION
Bids for another 100 critical mineral blocks in February 2024: Mines Minister Pralhad JoshiThe Indian government plans to call bids for an additional 100 critical mineral blocks in February 2024, as part of the second round of auc...
Nickel under pressure, may see more price erosionAlong with increased stainless-steel production, depleting inventories across exchanges hinted at potential tightness in the global Nickel ...
Market Movers: Metal pack burdened by China; reopen trades see profit-bookingThe Nifty Metal index closed nearly 2 per cent lower, the worst sectoral performer on the National Stock Exchange, after several prominent ...
China to auction 150,000 tonnes of metal from state reserves on Sept 1The National Food and Strategic Reserves Administration said in three separate notices it would auction 30,000 tonnes of copper, 50,000 ton...
Copper prices rise as Fed chief soothes rate hike fearsThree-month copper on the London Metal Exchange rose 0.6% to $9,360 a tonne by 0516 GMT, while the most-traded July copper contract on the ...
Commodity strategies: Gold, silver, crude, base metalsPrecious metals witnessed selling on stronger dollar as investors and traders weighed weak euro and peer currencies, boosting buying in dol...
Commodity Outlook: Oil may lie low on oversupply concernsThe broking house expects gold prices to move lower today on the MCX.
Government to decide over minimum import price for aluminium by October 20Mines Secretary Balvinder Kumar said the Ministry is examining the matter in great depth and has conducted 2-3 rounds of discussions with a...
China starts fixing gold price twice a day in an attempt to establish regional benchmarkChina has overtaken India as the largest consumer as rising incomes and surging economic growth boosted purchases of jewellery, bars and co...
Battered metal industry awaits New Year to regain sheenAfter taking a big hit in 2015 from the sharp fall in prices and the large-scale dumping from China, domestic metals industry is looking at...
Mining industry faces 'tough' 2016 even as auctions pick paceAccording to global giant Moody's also, the metals and mining sector is likely to continue to face challenges in 2016.
Mine auction may start by October-November, DMF norms to come soonMineral-producing states are expected to start auction of mines bearing minerals such as iron ore, bauxite by October and November.
Expect sluggish performance of metal stocks for a few more quarters: Piyush Jain, Morningstar'Until we see an uptick in the economic cycle, which is still a few quarters away, capacity utilisation is going to remain low for these co...
India Ratings revises its outlook on mining sector to ‘stable’India Ratings and Research (Ind-Ra) has revised the Outlook on the non-ferrous metals and mining sector to ‘stable’ for FY16 from ‘stable t...
MMDR amendment will bring investments, to push up costs too: ExpertsMining consultants said it will help align the mining industry with the rest of the economy and help attract much-needed investment.
Take time, evaluate the impact of China slowdown, coal auctions on metal cos before taking a call: Neeraj DeewanWe have to evaluate which company has bid at what price, and the impact it would be having on the balance sheets of metal companies, says D...
Mining ordinance a sensible way to break logjam and get business in India: Tom Albanese"For me, the auction process is a practical and sensible way to break that logjam and get mining back into business in India."