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Legal fight, delays force Adani writedowns on Carmichael coal mine

Indian conglomerate Adani Enterprises Ltd. has taken a 896.4 million rupees ($13.3 million) writedown on its Carmichael coal mine in Australia’s Queensland state due...

Asia coal industry sees blue skies, ignores storm clouds: Russell

NUSA DUA, Indonesia, May 10 (Reuters) – Asia's coal miners, shippers and traders are seeing strong demand and rising prices for their fuel, and...

Gold imports by India are said to have plunged for fourth month

Overseas purchases dropped 46 percent to 52.7 metric tons last month from a year earlier, the person said, asking not to be identified as...

WGC latest report shows how weak gold demand has been this year

Global demand for gold dropped between January and March, becoming the weakest first quarter since the 2008 financial crisis, a situation experts attribute to...

Vedanta considers building zinc smelter in South Africa

Vedanta Resources' Zinc International unit said it was exploring the feasibility of developing and constructing a smelter to process zinc mined from its flagship...

Asia Gold-Buyers unimpressed by price dip; India shifts to premium

MUMBAI/BENGALURU, April 27 (Reuters) – Physical gold demand lacked vigour in most Asian hubs this week amid a slight dip in prices, while the...

India’s Hindustan Zinc Ltd refinery joins LBMA’s silver standard

April 16 (Reuters) — The London Bullion Market Association on Monday said it has added Hindustan Zinc Ltd.'s (HZL) silver refinery in India to...

Billionaire Agarwal hires AngloGold’s CEO to run Vedanta

Venkatakrishnan, 53, has been CEO of Johannesburg-based AngloGold for five years and spent much of his career working in Africa. That’s a first for...

Demand in India picks up ahead of festival

MUMBAI/BENGALURU, April 13 (Reuters) – Physical gold demand in second-biggest consumer India saw an uptick this week ahead of a key festival, although higher...

Agarwal offers Anglo help in tapping India’s 1.3 billion people

“That’s a big market for them,” Agarwal said in an interview in Lusaka. “I am going to help them if they need to open...

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Indiabulls PE to buy one million sq ft in Hyderabad for Rs 450 crore...

The multi-phase deal at Phoenix Trivium values the property owned by Hyderabad realtor Phoenix Group at Rs 450 crore, said two persons close to...

Housing complexes in Kolkata to treat own waste Keeping in toes with the...

While Merlin Group, Belani Housing Development Ltd and South City Residents’ Association have already taken up the initiative, all other developers under Confederation of...

No change in real estate law, Housing Minister tells builders The government on...

June 30 has also been set as the deadline for establishing permanent regulators, start websites and the tribunals as prescribed in the law, sources...

Nagpur Metro phase II DPR delayed by two months MahaMetro may be sticking...

A source in MahaMetro said RITES would submit the draft this month. “We will suggest some modifications, if any, and then our consultant will...

SC sets up panel to auction Unitech’s immovable properties of over 600 acres ...

Considering the plight of home buyers who are “waiting with concern to get their money refunded”, a bench headed by Chief Justice Dipak Misra...