Indigenous Australians win record $150 million payout after billionaire mined without consentA landmark Australian court ruling has ordered Fortescue, an iron ore company, to pay A$150.1 million to the Yindjibarndi people. This is f...
14 May, 2026, 04.27 PM IST
Copper up 9% since Iran war, near January peak. Will AI boom, shortage propel red metal to new highs?Copper prices are surging, driven by a confluence of factors including geopolitical tensions, structural supply shortages, and booming AI-d...
14 May, 2026, 03.30 PM IST
What is really driving copper futures to record highs? Copper prices just broke every record as AI data center boom fuels global supply crunchCopper prices are soaring aggressively in 2026 as copper futures smash record highs above $14,000 per ton and COMEX copper crosses $6.50 pe...
13 May, 2026, 05.26 PM IST
World’s largest iron ore mine discovered, $6 trillion find could make Australia unstoppableA new iron ore deposit has been discovered in Australia's Hamersley region. The reserve is estimated at 55 billion metric tons. Its market ...
07 Jun, 2025, 09.30 AM IST
China, Pakistan agree to strengthen mining cooperationThe countries will promote investment by Chinese firms in Pakistan's mining industry, and strengthen the planning of mining industry parks,...
09 Jun, 2024, 09.52 AM IST
No benefits likely from 38 critical blocks put on sale in this decade: IcraIcra reported that benefits from the 38 critical mineral blocks on sale may not materialize by 2030 due to incomplete exploration. India's ...
22 May, 2024, 04.09 PM IST
Ukrainian drones strike Russian iron ore plantTwo Ukrainian drones struck fuel facilities at a major Russian iron ore plant, with no injuries reported. The plant, owned by Metalloinvest...
06 Mar, 2024, 05.42 PM IST
China note! EU-member Sweden locates rare earth deposits"This is the largest known deposit of rare earth elements in our part of the world, and it could become a significant building block for pr...
12 Jan, 2023, 09.38 PM IST
Grimy ships for iron ore are now being used to carry food crops to AsiaChina’s downturn in the housing market has weighed on iron ore, driving freight rates for bulk carriers down 50% from a year earlier.
02 Dec, 2022, 10.01 AM IST
Backed by Bill Gates, Sandeep Nijhawan looks to clean up the steel industryIn furnaces heated by coal to more than 1400°C (2500°F), the carbon in coal combines with the oxygen in iron ore to separate out impurities...
07 Oct, 2022, 10.18 AM IST
India's mining sector to witness reforms, flurry of activities in 2021The reforms will pave the way for auctioning of at least 500 mineral blocks, Mines Secretary Anil Kumar Jain told PTI and emphasised that t...
28 Dec, 2020, 12.41 PM IST
- India, Australia to explore mineral deposits
Kolkata, Oct 23 (IANS) The Geological Survey of India (GSI) is partnering with its Australian counterparts to unlock the mineral potential ...
23 Oct, 2017, 05.02 PM IST
JSW Steel may team-up with Noble Group for Stemcor dealSources with direct knowledge suggest that Sajjan Jindal’s JSW Steel may form an alliance with Hong Kong-based trading giant Noble Group to...
11 Oct, 2013, 07.42 AM IST
Indian companies hold breath as Kabul set to invite bids for developing 4 new mines"Indian companies have good potential and they are competitive. We expect to attract both public and private companies from India to partic...
06 Dec, 2012, 04.00 AM IST
- ICEX, FIMI clinch deal to develop iron ore futures market
ICEX, FIMI will organise training programmes and work towards spreading the concept of iron ore and other minerals futures trading.
06 Sep, 2010, 03.42 AM IST
- Shipping Ministry to award Rs 3,300-cr projects in 100 days
As part of the first 100-day 'action programme' of the government, the Shipping Ministry would award projects worth more than Rs 3,300 cror...
07 Jun, 2009, 11.02 AM IST
- Vedanta restructures group into 3 commodity focused verticals
Resources Plc on Tuesday announced a restructuring to simplify the group corporate structure into three commodity focused verticals: copper...
09 Sep, 2008, 01.08 PM IST