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DRILLING OF MINES
IPO-bound Laxyo expands operations in Africa; bags Rs 200-crore order in ZambiaIndore-based Laxyo Ltd has significantly expanded its global footprint by securing a substantial Rs 200-crore raise-boring contract in Zamb...
56 million dead, one frozen secret: Antarctica outed the deadliest secret in human historyAntarctic ice cores climate change: Scientists found ancient air trapped in Antarctic ice. This ice holds records of Earth's atmosphere for...
A Greenland ice core reads back almost 12,000 years of mercury fallout; humans were leaving traces thousands of years before the first factoriesGreenland's ice sheet reveals a 12,000-year mercury record, showing human contamination far predates industrial eras. Early Bronze Age smel...
Pakistan discovers oil and gas well in Sindh that can produce 2000 barrels of oil per dayPakistan's Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in Sanghar district, Sindh pro...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27% in 1 yearAfter the correction, the street will reach a stage where, if a company delivers numbers, there will be enough money waiting to move into t...
Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
Deccan Gold Mines shares soar 23% in just two days. What’s fuelling the rally?Deccan Gold Mines shares surged 23% in two days after the company reported discoveries of nickel, copper and palladium mineralisation at it...
India's geothermal resources estimated at 11,000 GW; Can create up to 700,000 jobs while boosting clean energy supplyIndia possesses significant geothermal potential for electricity, cooling, and industrial heat. This clean energy source can create numerou...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equity markets extended losses for a fourth straight session as broad-based selling in IT, banking, auto, and consumer stocks dragge...
The mineral once mocked as “fool’s gold” may hold the future of energyFool's gold, or pyrite, may hold a new secret. Scientists found lithium within this common mineral. This discovery could change how we sour...
Deccan Gold Mines shares rally 16% on India’s first private gold mining project. Check detailsShares of Deccan Gold Mines Ltd surged 16% as the Jonnagiri Gold Project, India’s first private gold mining venture, nears commercial produ...
US manufacturing output dips in MarchIn March, American factories faced a surprising downturn after two months of robust growth, primarily fueled by declines in motor vehicle m...
'Don't know. Don't care': Trump on going back to negotiation table with Iran after stalemate in IslamabadUnited States President Donald Trump stated he is unconcerned about Iran returning to talks. He asserted Iran's military is depleted. A blo...
Trump administration to rejoin offshore drilling agencies separated after 2010 Gulf oil spillThe Trump administration is merging two agencies that were split after the 2010 Gulf oil spill. This move aims to boost efficiency and expe...
Vedanta looks to strike gold in Maharashtra, ChhattisgarhFor gold, Vedanta has four mining blocks - three near Chandrapur in Maharashtra and one near Raipur in Chhattisgarh. The company has receiv...
Deccan Gold Mines gets mining lease for Ganajur projectFollowing the announcement, shares of the company soared nearly 20 per cent to settle at Rs 58.05 apiece on the BSE.
Coal India invites bids for 3rd phase of drilling mines in MozambiqueCIL had earlier informed an inter-ministerial panel that the drilling of blocks in Mozambique had started in June, 2013.
Deccan Gold Mines commences drilling in Ganajur blockThe Ganajur gold project is a lead project of Deccan Exploration Services Pvt Ltd (DESPL), a wholly-owned subsidiary of DGML.
CIL invites cos to take up drilling of mines in MozambiqueThe development comes at a time when the coal producer is facing problems in enhancing coal production and the country is facing shortage o...
- CIL to start drilling in Mozambique
Coal India Ltd plans to start drilling for coal in its mining blocks in Mozambique in the next two months and start production by 2013, a s...