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Latest Articles in Metals and Mining

JSW Steel Second Quarter Profit Up 27%

Total revenue from operations for the quarter jumped about 17 percent to Rs 168.18 billion, with total saleable steel sales rising 2 per cent to 3.96 million tonnes

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Hindustan Zinc Second Quarter Profit Rises 34%

Net profit rose to Rs 25.45 billion in the three months ended September 30, from Rs 19.02 billion a year earlier, said the company, which is a unit of Vedanta Ltd

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Vedanta's Zinc Business Lifted By China Steel Production

Zinc demand in China, the world's top steel producer, has been strong as steel makers in China ramped up production ahead of government curbs this winter

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Tata Steel Shares Jump Nearly 5 Per Cent; Mcap Rises By Rs 3,031 Crore

The stock gained 4.73 per cent to settle at Rs 691.40 on BSE. During the day, it jumped 5.10 per cent to Rs 693.90

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Thyssenkrupp Considered Breakup Before Plumping For Tata JV

Before deciding on a joint venture the Thyssenkrupp executive board examined and worked out all the available options: A tie-up with a German partner, a spin-off, an IPO, the sale of the steel business and even a break-up of the entire company

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Tata Sons Buys 4.31 Crore Shares Of TGBL From Tata Chemicals

Both the companies last week said the shares are proposed to be acquired at the prevailing price on the date of acquisition. Shares of Tata Chemicals were trading 2.48 per cent up at Rs 658.50 on BSE

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IOC, BPCL, HPCL To Borrow More To Keep Up Capital Spend: Moody's

It expected dividend payments by the three to decline modestly in 2017-18, but remain higher than in 2015-16

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Thyssenkrupp Works Council Softens Opposition To Tata Steel Deal

Thyssenkrupp's supervisory board will meet on Sept. 23 to discuss the possible tie-up, which CEO Heinrich Hiesinger says is the best way to take overcapacity out of the market. Labour leaders, however, are concerned it will cost thousands of jobs

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India To Offer Jobs To Manual Sand Miners After Deaths Exposé

Sand mining has been declared illegal in many parts of India with countless court petitions highlighting the danger it poses to coastlines, marine life, and sand reserves

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Centre To Hold Discussions With States On Mines Auction: Narendra Singh Tomar

Mines Secretary Arun Kumar said that during the meeting the minister said that District Mineral Foundation (DMF) should be monitored closely

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Gold Hits 2017 High On N Korea's Nuclear Test, At Rs 30,600

Silver also moved up by Rs 200 to Rs 41,700 per kg backed by increased offtake by industrial units and coin makers

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SC Rejects FIMI, Vedanta Plea Against E-Auction Of Iron Ore

We reject the plea of FIMI and also we reject the petition of Vedanta suggesting alternative measures for e- auction, the bench said

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Vedanta's Q1 Core Earnings Up 48% On Higher Zinc Output At India

The company reported an 84 per cent jump in mined metal content, comprised mainly of zinc, at its Indian unit to 233,000 tonnes for the first quarter ended in June 30

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Steel Demand Increasing In India, Right Situation To Make Future Investment: Tata Steel MD

Stability is being witnessed in the steel sector globally though it had faced some problem two years ago, Narendran told newsmen after unfurling the National Flag on the 71st Independence Day

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