NMDC gets Australia Board clearance for investment in Legacy IronFIRB of Australia has given a green signal to NMDC Limited to participate in a rights issue launched by Legacy Iron Ore Limited.
12 Aug, 2014, 02.56 PM IST
NMDC may spend AUD 12.1 million for rights issue of Legacy IronThe Australian mineral and metals explorer told the ASX that it plans to issue 'a 3 for 1 pro rata non-renounceable entitlement offer' to i...
07 Jul, 2014, 02.40 PM IST
NMDC's Legacy Iron cancels AUD 25 million rights issueLegacy Iron Ore, the Australian arm of state-owned NMDC, has cancelled its rights issue citing 'weak market' conditions.
27 Aug, 2013, 04.01 PM IST
NMDC's Legacy Iron Ore announces AUD 25 million rights issueNMDC is likely to spend AUD 12.5 million to acquire rights equivalent to its 49.6% stake in Legacy Iron Ore.
23 Jun, 2013, 11.01 AM IST
SAIL or RINL for 50 per cent of NMDC's Chattisgarh steel plantSteel Authority of India (SAIL) and Rastriya Inspat Nigam Ltd are the only two bidders for iron-ore minor NMDC's 50 per cent stake
09 Jun, 2013, 12.17 PM IST
In its second overseas deal, iron ore miner NMDC eyes asset in BrazilState-owned mining firm made its first overseas acquisition last year when it bought 50% stake in Legacy Iron Ore mines in Australia.
27 Dec, 2012, 05.00 AM IST
- Government to approve NMDC's 50 pc stake buy in Legacy Iron Ore
The government will soon approve NMDC's acquisition of 50 per cent stake in Australia's Legacy Iron Ore at the next meeting of the Cabinet ...
20 Nov, 2012, 08.59 PM IST
- NMDC's arm set to purchase 2 coal tenements in Queensland
Legacy Iron, the Australian arm of NMDC, has finalised the purchase of two of six highly prospective tenements in Queensland where there ar...
02 Aug, 2012, 02.38 PM IST
- Legacy Iron to acquire six coal tenements in Queensland
Legacy Iron, the Australian arm of state-owned NMDC is set to acquire six coal tenements in Queensland, according to a top official of the ...
22 May, 2012, 04.24 PM IST
- NMDC to appoint 3 agencies for due diligence of stake purchase
NMDC will soon appoint three different agencies to conduct due diligence for three overseas projects in which it is looking to acquire a st...
26 Feb, 2012, 04.58 PM IST
- NMDC eyes more overseas acquisitions of mineral assets
NMDC recently completed the acquisition of 50 per cent equity in Legacy Iron Ore Ltd and inducted three Directors on Legacy board, with Nan...
04 Feb, 2012, 08.48 PM IST
- NMDC looking to acquire mineral assets in Australia, says Legacy Iron
State-owned NMDC is actively looking to acquire mineral assets, such as iron ore, coal and phosphate, in Australia, according to Legacy Iro...
18 Jan, 2012, 12.32 PM IST
- NMDC gets Australian board's nod for 50% stake on Legacy
Legacy will hold an extraordinary general meeting on December 16 to seek shareholders' approval for NMDC's proposed stake acquisition.
09 Dec, 2011, 05.23 PM IST
- NMDC to bid for Russia's Vincy Coal in 2-3 days
Bid for Vincy Coal, which is estimated to have coking coal reserves of 70-100 million tonnes, will be submitted by Nov 1 by NMDC, source sa...
31 Oct, 2011, 12.18 AM IST
- Planning to acquire coal mines in US & Russia: NMDC
Actually for iron ore, our strategy has been that we would be stepping into projects which are at exploration stage. Legacy is an explorati...
23 Sep, 2011, 04.00 PM IST
- NMDC buys 50% in Australia's Legacy Iron Ore for Rs 92 crore
State-run NMDC Ltd will buy 50% stake in Australia's Legacy Iron Ore for Rs 92 crore, marking the navratna company’s first overseas foray.
23 Sep, 2011, 04.11 AM IST
- NMDC to buy up to 50% stake in Australian miner Legacy Iron Ore
NMDC signed an agreement to acquire up to 50% stake in Australian mineral exploration company. Proposal is in early stages and cost of acqu...
25 May, 2011, 01.17 AM IST