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ENVIRONMENTAL CLEARANCES NMDC
NMDC looks to hit 60 MT iron ore production mark this fiscal: ChairmanNMDC targets sixty million tonnes iron ore production this fiscal year. The company plans to reach one hundred million tonnes by twenty thi...
NMDC shares decline 4% after Q1 results. Should you buy, sell or hold the stock?NMDC shares fell 4% despite a 2% YoY rise in Q1FY27 profit to Rs 2,007 crore, while revenue increased 2% to Rs 6,795 crore. Iron ore produc...
India's NMDC to extract diamonds worth $3.4 million from mine near tiger reserveIndia's NMDC is projected to extract 6,500 carats of diamonds worth $3.4 million this fiscal year from stockpiles at the Panna mine in Madh...
Chhattisgarh district imposes Rs 1,620 crore penalty on NMDC, miner contests levyChhattisgarh's Dantewada administration has fined the National Mineral Development Corporation (NMDC) Rs 1,620.5 crore for alleged mining l...
NMDC plans $61 million investment in first gold blockNMDC is "on track" to secure a lease for the Chigargunta-Bisanatham gold block soon, having signed a letter of intent over the project with...
NMDC to spend Rs 900 cr to increase iron ore production from Kumaraswamy MinesAn Expert Appraisal Committee under the Minister of Environment and Forests has given its green signal for Environmental Clearance in a mee...
NMDC gets government nod for diamond exploration in Andhra PradeshThe Forest Advisory Committee (FAC) - the apex body in the Union Environment Ministry that approves or rejects proposals for diversion of f...
EAC gives green signal to NMDC's pellet's plant in ChhattisgarhThe state-owned miner is in the process of setting up 3 MTPA steel project and a 2 MTPA pellet plant at Nagarnar in Jagadalpur district.
NMDC may invest Rs 40,000 crore in 8 years for capacity expansionState-owned NMDC Ltd plans to invest Rs 40,000 crore in the next eight years to reach a target of 100 million tonnes per annum of iron ore ...
Government clears investment hurdles, gives go ahead to seven projects worth Rs 21,000 croreOf these 7 big-ticket projects, some had been held up for decades due to hurdles ranging from environmental issues to financing problems.
Low global iron ore prices will not corrode NMDCGlobal iron ore prices have tumbled in the last two months, but this may have a limited impact on India’s largest ore producer -NMDC.
Steel industry seeks long term raw material linkage in OdishaWith the steel industry in Odisha seeking a permanent raw material linkage, the Centre today said it would attempt to solve problems faced ...
NMDC to shift its proposed power plant location from UPAccording to official sources, Mecon, consultant for the power project has come up with three alternative sites.
- Within the infrastructure space, asset ownership could be a better area: Deven Choksey
"I would think that within the infrastructure space the asset ownership could be a better area and that is where we continue to like to hol...
- 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...
- 'Draft Mining Bill will harm mining companies'
According to Draft Mining Bill, mining companies have to pay higher royalties and want changes to be made before the law is enacted.
- KIOCL bags lease to CNH iron ore reserve
KIOCL, formerly Kudremukh Iron Ore Company, was forced to give up its mines in 2005 after a Supreme Court ban.
- Steel ministry unveils plan to rebuild sector
Steel ministry unveiled its 100-day agenda under which it intends to complete a host of activities, including expanding steel production ca...
- TISCO's prospecting licence for Chhattisgarh's mine quashed
The Delhi High Court has quashed the Centre's decision to grant a prospecting licence to Tata Iron and Steel Company for mining iron ore in...
- NMDC to invest Rs 700 cr in two mines
National Mineral Development Corporation to develop two mines in Chhattisgarh and Karnataka at Rs 700 crore.