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MINING COMPANIES
Vedanta lines up USD 25 bn investment over 3 years for organic growth; eyes USD 50 bn revenueVedanta Group has announced plans for a USD 25 billion investment to expand its existing businesses significantly. The investment will focu...- In 1862, gold drew thousands of miners to Florence, Idaho; much of the richest ground was worked out that year, and old diggings remainFlorence, Idaho, surged to fame in 1862 amid a major gold rush that saw a flood of miners flocking to the area. The initial excitement tran...
- Adani said to weigh deal for €3 billion energy storage firm VTTIBillionaire Gautam Adani is reportedly exploring a potential acquisition of Dutch energy storage group VTTI. Supply disruptions have made V...
- Tata Projects secures order from GSFC for acid complex in GujaratThe proposed complex will comprise a 600 metric tonnes per day (MTPD) phosphoric acid plant and a 1,800 metric tonnes per day (MTPD) sulphu...
- Metals thrust, strong growth engines power Vedanta's stellar July-SeptemberThe metals-to-oil conglomerate's profit in Q2 was boosted by higher base metal prices. Vedanta attributed its robust Q2 show to higher comm...
- 4,694 compliance gaps across 52 workplaces, nearly half carrying risk of imprisonment: ReportAudits conducted across numerous states and union territories unveiled significant compliance deficiencies at every examined site, with sev...
- Gold, silver prices crash up to 53% from January peak. Time to buy before Dhanteras, festive season?Gold and silver prices have corrected sharply from their January peaks, raising questions about whether the fall offers a buying opportunit...
- Coal India’s H1 capex rises 27% to Rs 7,966 crore, beats targetCoal India Ltd has reported a capital expenditure increase of 27% to Rs 7,966 crore for the first half. The company surpassed its H1 target...
- NAN GreenMet, Chile's Enaex collaborate to set up Rs 750-cr explosives manufacturing facilityNAN GreenMet has partnered with Enaex to create an integrated explosives manufacturing plant in India. This venture involves an investment ...
- Silver prices are tarnished but not forgotten. Why HSBC thinks gains in white metal may be limited?Silver prices have plunged nearly 60% from their January record high, but HSBC expects limited gains ahead. The bank sees prices consolidat...
- JSW Steel posts three-fold jump in profit, lines up capacity expansionJSW Steel achieved an impressive three-fold rise in its consolidated net profit for the September quarter, highlighted by a record-breaking...
- Diversification plan: NMDC scouts for mining assets across four continentsNMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 pe...
- Tata Chemicals says Kenya High Court has no jurisdiction over TCML disputeTata Chemicals said the High Court of Kenya has ruled that it lacks jurisdiction over a dispute involving its subsidiary, Tata Chemicals Ma...
- JSW Steel and Japan's JFE to add 5 MT steel capacity at Odisha JV plant with Rs 7,500 cr investmentJSW Steel and JFE Steel have entered into a mutual agreement to enhance their joint venture steel initiative in Odisha. With a notable inve...
- Union Minister G Kishan Reddy to visit Australia to strengthen bilateral cooperation in critical mineralsDuring his visit to Sydney and Melbourne, the Minister will participate in various programmes and hold extensive discussions with governmen...
- PC Jeweller shares soar 9% after Q2 net profit rises 58% YoY; plans 100 new stores in 18 monthsPC Jeweller reported a 58% year-on-year rise in Q2 FY27 net profit to Rs 330.66 crore, while revenue grew 28% to Rs 1,054.47 crore. The com...
- Copper supply crunch could push prices higher as new mines take over 16 years to develop: Goldman SachsGoldman Sachs Research warns that declining discoveries, lower ore grades and rising development costs are creating a structural constraint...
- Drill, baby, drill: China turns the screws, India looks for own toolsChina’s new export controls on tunnel boring machines (TBMs) have highlighted India’s reliance on overseas suppliers for specialised infras...
- During World War I, zinc mining helped Rush, Arkansas, grow to 2,000 to 3,000 residents; by 1920, its population had fallen to 344, and mining ruins remain along the Buffalo RiverRush, Arkansas, experienced a boom during World War I, driven by high zinc demand which transformed it into a bustling mining hub. Essentia...
- In the 1890s, a new gold process helped turn Mercur, Utah, into a boomtown of over 2,500; by 1913, the mine had closed, and the original townsite was abandoned, though mining later resumedIn the late 19th century, Mercur, Utah, became an influential mining hub fueled by new gold extraction methods, notably cyanide processing ...
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