Search For "iron ore"
NMDC reports 2 pc hike in 9M FY20 profit at Rs 3,259 crore
Updated : 6 years, 1 month ago IST
Hyderabad (Telangana) [India], Feb 10 (ANI): State-owned NMDC Ltd said on Monday its profit after tax in the first nine months of current financial year (9M FY20) registered a nominal growth of 2 per cent at Rs 3,259 crore.
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CM Hemant Soren attacks Centre over PSU stake sale, says if no reservation
Updated : 6 years, 1 month ago IST
Dhanbad (Jharkhand) [India], Feb 5 (ANI): Jharkhand Chief Minister Hemant Soren attacked the Central government for taking the decision to sell the stakes of various Public Sector Units (PSU) and said this will end the benefit of reservation to the people given in the Constitution.
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JSPL begins transportation of iron ore from supplier's mine in Odisha
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): Jindal Steel and Power Ltd (JSPL) said on Tuesday it has started transportation of its already processed and royalty paid iron ore from Sarda Mines Pvt Ltd (SMPL) in district Keonjhar of Odisha after the Supreme Court's order issued last week.
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SC allows mining companies to transport extracted minerals in Goa
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI): The Supreme Court on Thursday allowed the mining firms to transport minerals that have already been extracted in the mines in Goa provided that they have paid the royalty to the authorities and have valid permission.
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Higher gross spreads expected in steel sector over H2 FY20: Ind-Ra
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 2 (ANI): India Ratings and Research (Ind-Ra) said on Thursday that domestic steel demand showed improvement in the third quarter of current fiscal year and can further pick up in the fourth quarter (January to March).
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Asian steel companies to start the new decade on negative footing: Moody's
Updated : 6 years, 3 months ago IST
Singapore, Dec 3 (ANI): Moody's Investors Service on Tuesday said that its 2020 outlook for the Asian steel sector is negative, reflecting weakening profitability for rated steelmakers amid softening demand, declining steel prices and elevated iron ore prices which is a key input in finished
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SAIL allowed to sell 25 pc iron ore production from captive mines in open
Updated : 6 years, 5 months ago IST
New Delhi [India], Sep 17 (ANI): The government has allowed Steel Authority of India Ltd (SAIL) to sell 25 per cent of its iron ore production from captive mines and dispose off another 70 million tonnes of low-grade iron ore dust and fines accumulated over the years in open market.
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KIOCL back in black, reports PBT of Rs 23 crore in Q1
Updated : 6 years, 7 months ago IST
Bengaluru (Karnataka) [India], Aug 8 (ANI): Government-owned KIOCL Ltd (earlier known as Kudremukh Iron Ore Company Ltd) on Thursday reported a profit before tax of Rs 23.09 crore during the first fiscal quarter against a loss of Rs 3.47 crore during the corresponding period of previous fina
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SC grants Centre 4 weeks to file reply on PIL alleging iron ore mining irr
Updated : 6 years, 8 months ago IST
New Delhi [India], July 4 (ANI): The Supreme Court on Thursday granted four weeks time to the Centre to file a reply on a public interest litigation (PIL) seeking quashing of allotments to firms for mining iron ore from over 350 mines across the country without proper and fresh evaluation.
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State-owned NMDC's profit up 22 pc at Rs 4,642 crore in FY 19
Updated : 6 years, 9 months ago IST
New Delhi [India], May 30 (ANI): Government-owned NMDC Ltd, previously known as National Mineral Development Corporation, on Thursday reported turnover of Rs 12,513 crore during 2018-19, up 5 per cent from Rs 11,615 crore in the previous fiscal.
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Steel producers staring at production disruption in 2020: Ind-Ra
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 21 (ANI): India Ratings and Research (Ind-Ra) said on Tuesday that steel production in the country will be significantly affected if the auction of mines completing 50 years of operations by March 2020 is materially delayed.
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SC issues notices to Centre, states over alleged corruption in allocation
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 16 (ANI): The Supreme Court on Tuesday issued notices to the Centre, Odisha, Karnataka, Jharkhand and CBI on a PIL seeking quashing of allotment, extension or continuation of leases to firms for mining iron ore of more than 358 mines across the country.
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