Mining Sector

NMDC sees record jump in iron ore production, sale..

Mining major NMDC, India's largest iron ore producer and a diversified Navaratna PSU, recorded a sharp rise in its overall production and sales in July as compared t..

Momentum Pick - Buy Coal India Ltd For Target Rs..

Momentum Pick - Buy Coal India Ltd For Target Rs. 139 - HDFC Securities Observation: After showing a minor declines/sideways consolidation, the ..

National Mineral Index to make mining sector compe..

The introduction of the National Mineral Index will help the mining sector to become competitive and inviting healthy competition in auctions and active participation by ..

Covid-19 to scrape fifth of MCE industry in 2020

The Covid-19 disruption has also dented the prospect of recovery of the mining and construction equipment (MCE) sector this year with the industry expected to suffer a vo..

SC to hear mining case on Thursday, Goa hopeful of..

Goa Chief Minister Pramod Sawant, here on Wednesday, expressed the hope the Supreme Court would take into account the state as well as the nation's financial situatio..

Metals & Mining Sector Update - Baosteel raises st..

Baosteel raises steel price for Jul with massive $40/t hike * China's Baotsteel raised prices for July deliveries: (1) HRC prices up by $40/t; (2) Heavy plate pric..

Ensure seamless mining licence for existing explor..

The mining industry has once again sought the government's intervention to prevent denial of mining rights to existing mineral explorers under the new reform initiati..

Commercial coal mining will reduce India`s depende..

The governments recent announcement to permit coal mining for commercial sale marks a fundamental shift in the government policy to address the continuing shortfall in do..

Buy NMDC Ltd For The Target Rs.130 - ICICI Securit..

Covid-19 crisis impededhigher domestic prices Covid-19 outbreak has impeded what could have been the best twoquarters f..

Coal Sector Update By ICICI Securities

Coal mine auctions: Amove towards self-relianceandefficiency Government of India has announced start of the much-awaited auction of 41 mineswith an estimated peak cumu..

Buy Coal India Ltd For Target Rs. 208 - Emkay Glob..

Strong Q4 results; near-term weakness priced in, maintain BUY * With RM and employee costs reined in, Coal India (CIL) reported a strong quarter, despite revenue being..

Sell NMDC Ltd For Target Rs. 72 - Emkay Global

Q1FY21 production picks up, sales lag * Production for Q1FY21 stood at 6.61mt, down 22% yoy/up 10% qoq. On a yoy basis, production fell due to subdued production in Ap..