Buy NMDC, target Rs 135: Edelweiss SecuritiesNMDC is a largecap company, operating in mining sector.
JSW, Tata Steel may rebound as China steel prices recoverJSW Steel, which sources iron ore from NMDC and through imports, will be in a more advantageous position.
Questions over lease extension to iron ore miner in OdishaThe opposition Congress party wants Serajuddin and Co’s rights withdrawn, but the state defends the decision.
Supreme Court asks Odisha to take coercive action against defauting minesLeases of 44 mines, including those of Aditya Birla Group’s Essel Mining, Mideast Steel and Serajuddin now face cancellation.
Sajjan Jindal asks government to run Odisha iron ore mines till lease matters resolvedIn a series of tweets, Jindal expressed his exasperation on how with the closure of 7 mines in the state that had failed to pay fines for i...
Mines Ministry Tribunal tells Odisha to reconsider 56 lease lapse ordersA revision authority of the mines ministry has asked the Odisha government to reconsider its order declaring that leases for 56 mines have ...
Sponge iron makers accuse Orissa Mining of setting unrealistic pricesOdisha accounts for more than half the country’s total iron ore production, and remains critical to the country’s iron and steel requiremen...
Enforcement Directorate begins investigation of Odisha iron ore minersThese companies include iron ore miners against whom the state vigilance had acted and registered a “scheduled office”. The ED probes viola...
Supreme Court panel throw out Odisha's claim of Rs 61705.70 crore from minersDuring the decade, 2000-01 to 2010-11, 213.09 mt of iron and 2.41 mt of manganese have been mined without an environment clearance.
Mines ministry commission alleges violations of mining and environmental laws in OdishaA fact-finding committee appointed by the Union mines ministry has alleged serious violations of mining and environmental laws have been co...
Shah panel report targets 55 mines of top firms in OdishaJustice M B Shah Commission has recommended to ban mining along Baitarni river in Odisha, which may affect several steel giants.