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NMDC KARNATAKA
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NMDC hikes iron ore prices by up to 11.1% effective April 5In a pivotal move, NMDC, the state-owned giant, is set to hike iron ore prices effective April 5, 2026. Following an unprecedented producti...
NMDC, India's largest domestic miner, reports 18% drop in sales in FebruaryHowever, NMDC’s cumulative sales up to February 2020 was marginally higher at 28.90 mt against sales of 28.80 mt in April-February 2019, ac...
NMDC Ltd reports 3.8% increase in iron ore salesThe state-run miner posted a marginal 0.7% rise in production of iron ore up to the month of December 2019 (Apr-Dec' 2019) at 22.01 mt, com...
NMDC's Donimalai iron ore mine gets temporary reliefThe NMDC’s top brass is keen to utilise the time available to pursue a dialogue with the state government.
Centre stays Karnataka government's decision to deny NMDC mining rightsIn a relief to the state-owned miner, the Ministry of Mines’ revision authority on Wednesday stayed Karnataka government's move to withdraw...
Karnataka govt withdraws approval to extend mining lease for Donimalai iron ore mine: NMDC"The company has also requested the Government of Karnataka to withdraw its letter dated 17.08.2019/keep it in abeyance," the filing said.
NMDC posts 21% rise in Q1 profit at Rs 1,179 croreTotal income went up to Rs 3386.56 crore in the quarter under review an increase of 33% over Rs 2547.13 crore in the same period last year.
- NMDC to resume operations at Donimalai Mine
NMDC had approached government of Karnataka to facilitate execution of lease deed and resumption of operations at Donimalai Mine.
NMDC Limited suspends iron ore-mining in KarnatakaThe mining company said it has requested the government to reconsider its decision and the Karnataka Chief Minister Kumaraswamy had convene...
Lease deed of NMDC's Donimalai iron ore mine renewed for 20 yrsState-owned NMDC Tuesday announced the renewal of lease deed of Donimalai iron ore mine in Karnataka for 20 years.
NMDC, Karnataka steelmakers clash over iron ore ratesNMDC has cut production in Karnataka after companies, including JSW Steel which buys 90% of its output, stopped purchases at the state’s ir...
NMDC creates wholly owned subsidiary companyIn a BSE filing, the company states the purpose was transferring of NMDC's Iron and Steel Plant (NISP) into the wholly owned subsidiary com...
Competition Commission of India rules out unfair trade practices by National Mineral Development CorporationCCI has ruled out allegations of anti-competitive practices against National Mineral Development Corporation with respect to mining activit...
NMDC's iron ore sales up 8% in April-September 2013NMDC, the country's largest iron ore mining company has reported a 8% rise in sales of iron ore in the half year ended September 30, 2013.
Explore long-term deals: Supreme Court to National Mineral Development CorporationState-owned National Mineral Development Corporation (NMDC) was the only entity allowed to auction existing iron ore supplies in Karnataka.
NMDC’s ore pricing policy has Steel Companies up in armsNMDC has been raising prices for domestic customers even as prices have been coming down globally over the past few months.
- NMDC, Severstal JV for 3 mtpa steel plant by December
NMDC said it will ink by Dec an agreement with Russia's Severstal for a three mn tonne steel plant in Karnataka under 50:50 joint venture.
- NMDC to set up Rs 25K cr proj in K'taka with Russia's Severstal
The country's biggest iron ore miner NMDC today said it will parter with Russia's largest steel maker Severstal for setting up a 5 million ...
- NMDC offers land, iron ore to Nippon for Rs 9.5K-cr JV project
State-owned NMDC is learnt to have offered Nippon Steel land and iron ore for setting up about Rs 9,500-crore project.