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WINTER QUARTERS MINE
In the early 1920s, Scofield, Utah, peaked above 6,000 people with 12 stores and 13 saloons; today just 26 residents are recorded in the coal townScofield, once a bustling mining hub with a vibrant community, faced a tragic setback in 1900 when a catastrophic mine explosion claimed ab...- Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
- A stock trader’s guide to navigating rare ‘Super El Niño’As fears over the Iran conflict ease, investors are turning their attention to climate risk, with a potential “Super El Niño” emerging as a...
- Coking coal imports rise in Oct on winter restocking, general coal shipments declineOctober coal imports saw a mixed trend. Overall shipments fell as domestic supply increased. However, coking coal imports rose significantl...
- Coal imports up 4% at 162 MT in April-October periodIndia's coal imports saw a 4.2% rise to 162.45 million tonnes during April-October FY24, despite a 14.4% drop in October to 21.84 MT. Non-c...
- Bitcoin rally is much-needed lifeline for troubled miners after grim quarterMarathon canceled the release of fourth-quarter results Tuesday after saying there had been “accounting errors” in several quarters of its ...
- Global operations weighing on local metal companies' margins“In Q3, performance of Tata Steel in India was reasonably strong,” the company’s managing director TV Narendran told ET in a recent intervi...
- View: India's low coal stocks threaten electricity supplyStocks at power producers are equivalent to less than 12 days of consumption, up from 9 days this time last year but much leaner than 18 da...
- Tech lifts European shares despite hawkish ECB signalsThe euro climbed 0.4% and euro zone banks added 0.7% after ECB governing council member Klaas Knot said on Sunday the central bank was set ...
- Blockchain firm Valereum gets approval to buy Gibraltar exchangeValereum will also launch a non-fungible token (NFT) strategy in the first quarter to link 'real world' or traditional securities via NFT o...
- Cryptoverse: Shrimps and whales keep bitcoin afloatShrimps, investors that hold less than 1 bitcoin, are collectively adding to their balance at a rate of 60,460 bitcoin per month, the most ...
- Covid news, GDP nos & two IPOs among key factors to drive market this weekDubbed as 'Omicron', the new virus variant has found itself in the list of ‘variant of concern’. The announcement from the United Nations h...
- China eyes coal market intervention to curb price spikesThe world's number two economy expanded slower than expected in the third quarter as an energy crisis began to bite, official data showed t...
- Has a long winter set in for Bitcoin? Top analyst says it’s just bear marketIt is important to note that while China has banned Bitcoin mining, it has not banned holding or transaction of Bitcoin. Its own central ba...
- Domestic non-ferrous metal consumption grows 7%-10% in Apr-Dec 2017Yet, domestic non-ferrous metal production still exceeds consumption as domestic manufacturers are expected to operate at a high asset-util...
- Global non-ferrous metal prices to remain rangebound: ICRA
- Care Ratings sees Q1 GDP growth at 6.5%Agriculture is expected to grow at 3.5-4 per cent during the reporting quarter, largely due to residual output of the Rabi or the winter cr...
- Growth calls for proactive policy: GDP numbers challenge the governmentThis grim little exception to romantic optimism is the central message of the latest official numbers for India’s growth.
- Expect margins to improve going forward: Indresh Batra, Jindal Saw"There was large overcapacity which got created in the last 2 to 3 years, which impacted our pricing power," says Batra.
- Religare recommends 'buy' on Tata SteelThe valuation is based on an average of European and Asian steel players multiples and represents a return of 39 per cent.
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