Mining
Mining News

Industrial production expands by 1.3% in January from 10-month low in December
The better show in January was majorly due to improved performance of mining and manufacturing sectors, official data showed on Friday

Why phasing out coal completely is easier said than done even though its future is bleak
Electricity needs are soaring as the world’s population and prosperity increase, and renewables simply aren’t enough to satisfy that growth in demand

IIP grows 11.9% in August on low-base effect, good performance by manufacturing and mining
Industrial production plunged 18.7 percent in March last year following the COVID outbreak and remained in the negative zone till August 2020

Explained: India launches deep ocean mission; what is seabed mining and its challenges
The Indian deep ocean mission will seek to develop the technologies required for exploring and, then, extracting minerals in the deep seabed

On the India-Bhutan border, an indigenous group faces extinction due to mining pollution
The entire population of one of the world’s smallest indigenous groups, the Toto, live in a village on the India-Bhutan border. They are threatened by mining, water scarcity and a blood disorder.

Once water resilient, mining-affected villages in Goa now entirely dependent on government tankers for supply
Opencast iron ore mining reduces the groundwater table and causes surface water pollution. The village of Pissurlem in the mining-belt of north-east Goa used to be brimming with water; it is now entirely dependent on government tankers.

All that glitters: Golden rivers in Peruvian Amazon dazzles but mining harms the community, environment
Peru is a major contributor of gold, being the sixth largest producer of the precious element in the world.

I-T Department seizes Rs 1.25 cr cash in UP and Bihar raids on businessman and bank chairman
Though the CBDT did not identify those who were raided, sources said the businessman has links with a political party in election-bound Bihar

Industrial production declines 10.4% in July; capital goods, consumer durables see max contraction
Manufacturing sector, which constitutes 77.63 percent of the IIP, recorded a decline of 11.1 percent in July as against a growth of 4.8 percent in same month last year

Satellite imagery shows illegal gold mining in Brazil has increased, threatens the Yanomami tribe in the heart of the Amazons
The lust for gold has attracted wildcat prospectors, who have destroyed forests, poisoned rivers and brought fatal diseases to the tribe.

Deep sea mining shouldn't begin before full assessment of environment impacts are made, says Ocean Panel report
Seafloor nodules contain battery metals needed to fuel the transition to clean energy, but trawling for them can disrupt ecosystems that we don't know about.

India, Australia sign seven agreements, decide to allow reciprocal access to military bases in Narendra Modi-Scott Morrison virtual summit
India and Australia on Thursday elevated their ties to a comprehensive strategic partnership and signed seven agreements during a virtual summit between Prime Minister Narendra Modi and his Australian counterpart Scott Morrison

Vedanta's oil and gas head Ajay Dixit quits; company says his term comes to an end
Billionaire Anil Agarwal-led Vedanta Ltd' oil and gas division Cairn CEO Ajay Dixit has decided to hang up his boots at month-end after completing his contractual term, becoming the fifth chief executive to leave the firm since it was taken over by the mining baron more than eight years back

Miners' body hopes Rs 20-lakh cr stimulus package will be used for giving relief to 'highly taxed' mining sector
Miners' body FIMI on Wednesday hailed the Rs 20 lakh crore special economic package, expressing hope that the stimulus will also be used to give relief to "highly taxed and struggling" mining sector

Industrial production falls record 16.7% in March on poor show by mining, manufacturing, electricity
India's industrial production contracted by a record 16.7 percent in March, on account of the poor show by mining, manufacturing and electricity sectors mainly due to the nationwide lockdown, government data showed on Tuesday

IIP grows 4.5% in February, highest in 7 months on higher output in mining, manufacturing and electricity
The country's industrial output grew by 4.5 percent in February, mainly on account of higher output in mining, manufacturing and electricity sector, government data showed on Thursday

NMDC slashes iron ore prices by Rs 50 per tonne; new rates are effective from 14 March
The country's largest iron ore miner NMDC has slashed prices of lump ore and fines by Rs 50 per tonne

Coronavirus fears impact Goa's tourism sector; resume mining activities immediately: GMPF
With coronavirus fears impacting the Goa's tourism sector, an umbrella body of mining dependents GMPF on Monday sought immediate resumption of mining activities in the state which is already reeling under a financial stress due to mining halt

Industrial output grows 2% in January, highest in six months on uptick in mining, power sector
India's industrial production grew at the fastest pace in six months at 2 percent in January, mainly on account of uptick in mining activity and power generation, official data showed on Thursday

Retail inflation slows to 6.58% in February on easing food prices; industrial production grows 2% in January
Retail inflation slowed to 6.58 percent in February over the previous month mainly due to easing food prices, government data showed on Thursday