GOLD 1280.67 $/ozChange: -12.47
PLATINUM 1422.50 $/ozChange: -5.50
R/$ exchange 10.71Change: -0.06
R/€ exchange 14.21Change: -0.03
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
close notification
powered by
Advanced Search
India Limited
India Limited

Mozambique coal projects set to change hands while Maputo ponders aid to sector

It has been reported from New Delhi that India’s International Coal Ventures Private Limited (ICVL) was set to buy 65% of the Benga coal operation in the Tete province of Mozambique as well as two other coal projects – Tete East and Zambeze...
1st August 2014

Rio Tinto reportedly selling Moz coal asset to Indian company

It has been reported from New Delhi that India’s International Coal Ventures Private Limited (ICVL) was set to buy 65% of the Benga coal operation in the Tete province of Mozambique as well as two other coal projects – Tete East and Zambeze...
25th July 2014

Indians, Australians pursuing opportunities in Mozambique

Indian company International Coal Ventures Private Limited (ICVL) is reported to be interested in coal assets in Mozambique. ICVL is a “special purpose vehicle” created at the initiative of the Indian Ministry of Steel, with the purpose of...
4th July 2014
Editorial Insight

Mozambique’s coal contribution, Australia’s cost disadvantage, Petra funds diamond expansions

Coal has become Mozambique’s number two export earner; project costs in Australia have risen faster than elsewhere; and diamond miner Petra has secured new debt facilities to make the funding of its expansions more "comfortable".
23rd November 2012

Indian consortium demands Afghan coal for iron and steel project

Concluding the final round of negotiations on the legal contract for the $11-billion development of the Hajigak iron-ore reserves in Afghanistan, the consortium led by Steel Authority of India Limited (SAIL) has sought the allocation of coking...
21st August 2012

SAIL invests $534m to develop Gua reserves

The Steel Authority of India Limited (SAIL) has approved an investment of $534-million to increase the capacity of its Gua captive iron-ore mine, in Jharkhand, to ten-million tons a year from its current 2.4-million-ton-a-year capacity. A...
26th July 2012

India looking to lure foreign contract miners

The Indian government has proposed fleshing out a model framework for a mine development and operation (MDO) agreement in a bid to lure foreign investments into contract mining. “In the last few months, few contract mining projects have taken...
3rd July 2012

India proposed ban on open market fine sales

The Indian government has proposed legislative changes that would effectively impose a ban on the open-market sale of iron-ore by captive mine owners. The move to impose such a ban was aimed at checking the export of iron-ore fines and...
18th June 2012

SAIL wants security forces at Rowghat

The Steel Authority of India Limited (SAIL) was seeking security assistance from the Indian government’s federal paramilitary forces as a condition for restarting the development of the 500-million ton Rowghat iron-ore reserves in the central...
11th June 2012

Indian consortium starts due diligence on Afghan reserves

A consortium of Indian companies shortlisted for copper and gold mining in Afghanistan would start due diligence on the reserves shortly. The consortium of government-controlled entities comprising Hindustan Copper Limited (HCL), National...
30th May 2012

Indian steel companies secure new iron-ore reserves

Two Indian steel companies, Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) would be granted new iron-ore leases in the central Indian province of Rajasthan. SAIL and RINL would be granted leases for 864.6 ha and...
23rd May 2012

India discovers new platinum reserves

The Geological Survey of India (GSI) has recently established the presence of platinum-group elements (PGE) across India, through the discovery of 19.08-million tons of platinum ore equivalent. The platinum ore reserves have been established in...
21st May 2012
Topic Multimedia
View all
Resources Watch Video
More than 90% of SA seismic events are mining... Video
SA still best mining address Video
AMCU knocking on door at Northam’s... Video
Northam Platinum’s earnings nosedive,... Video
Resources Watch Video
Sibanye negotiating new work shift arrangements... Video
Black-owned Merafe ferrochrome company entering... Video
Unions embrace mechanisation at Styldrift... Video
View all
Underground coal gasification has key... Audio
WDC hopes to resolve Zim diamonds... Audio
Anooraq focusing on doubling output... Audio
Tanzania's Jengo wants mine listings... Audio
Wits Gold plans to move De Bron into... Audio
London Mining expects iron-ore prices... Audio
Tungsten-miner Malaga mulls 2nd mill,... Audio
Kebble R1bn unlocked as... Audio
Geovic confident on Cameroon cobalt... Audio