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IRON ORE AUCTION
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...- The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
- Goa iron ore dispute: Villagers clash with forest officials over transport from reserve areaA clash erupted between a group of villagers and forest department officials in Kushavati district of Goa. The incident occurred when fores...
- NMDC cuts rates of iron ore lump by Rs 600/tonne, fines by Rs 500 per tonneNMDC has reduced the prices of iron ore lump by Rs 600 per tonne and fines by Rs 500 per tonne, effective immediately. This decision comes ...
- Vedanta boss Anil Agarwal’s allegations 'completely misleading', govt says as it backs mineral auction regime for iron ore blocksThe Mines Ministry refutes Vedanta Chief Anil Agarwal's claims that auctioning iron ore mines raises input costs. The Ministry clarifies th...
- Steel companies to pay more for ore as mines get costlyJSW Steel, which has been more aggressive in the auctions than the likes of Tata Steel and Arcelor-Mittal and has bagged four mines, is exp...
- ArcelorMittal-Nippon Steel participating in auctions in Odisha: CEO Dilip OommenSpeaking on the importance of the opportunity, AMNS CEO Dilip Oommen said any steel company has to securitise its sources of raw materials ...
- Government defers auction of 2 iron ore mines in OdishaThe government has not given any reason for deferring the auction of the mines.
- States likely to auction 20 iron ore blocks in Financial year 2017The auction will help the state government earn a revenue, including royalty, DMF and NMET, of Rs 11,328 crore over a period of 50 years.
- Government to auction 42 blocks in second phase of mines auctionThese blocks have been identified by seven state governments for auction under the Mines & Minerals Development & Regulation (Amendment) Ac...
- Goa iron ore e-auction to take off tomorrowThe department has listed mines in Codli, Sanquelim, Cuddegal, Shigao, Sonus, Collem, Coshti, Shelvona, Sulcorna, Dignem and Maina for the ...
- Goa iron ore sale hits a soft patch, may hit miningIron ore mining in Goa will commence next month after a gap of three years, with mining conglomerate Vedanta set to start operations at its...
- States likely to auction 22 iron ore mines in October-NovemberWhile Karnataka is likely to auction 15 iron ore mines, Odisha and Maharashtra may auction six mines and one mine respectively.
- Goa announces e-auctioning of 19 lakh metric tonne of iron oreGoa Mines and Geology Department has put 19 lakh metric tonne of iron ore on the block through e-auctioning, to be held on November 6 and 7.
- Big steel companies skip Goa’s iron ore e-auctionGoa’s first e-auction of iron ore following the ban on mining in September 2012, surprisingly saw zero participation from big steel compani...
- JSW, Sesa Sterlite battle over iron ore pricing heats upBoth firms hold each other responsible for the clampdown on mining in Karnataka by the SC due to corruption charges.
- MSTC conducts auctions worth 25k cr in FY13MSTC Limited saw a 14% jump in the business transacted through its e-auction services to 25k cr, buoyed by its success of iron auction in K...
- NMDC to auction 3 lakh tonnes of iron ore in Karnataka on October 14This will be second auction conducted by the mining major in a span of 10 days, having sold about 2 lakh tonnes of ore on October 4.
- Iron ore e-auction to open up blocked supply linesIn a bid to provide uninterrupted supply of quality iron ore to steel companies, the government may launch a new online trading platform fo...
- MSTC plans e-auction for iron oreState-owned trading firm Metals and Scrap Trading Corporation (MSTC) plans to offer e-commerce services for iron ore trading through e-auct...
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