Mining

Mining major Vedanta Ltd on Monday said its aluminium and high refined metal production touched record levels in the last financial year. In a regulatory filing, the company said it posted "highest ever" aluminium production at 22.91 lakh tonnes during 2022-23, marginally up from 22.68 lakh tonnes in the preceding fiscal. Its high refined metal production rose 7 per cent to 10.32 lakh tonnes in the last fiscal. The company had produced 9.67 lakh tonnes of saleable metals, which include refined zinc, refined lead and silver integrated, in 2021-22. The company termed the refined metal production as "historic high" in the last financial year. The production of zinc from international business rose 22 per cent year-on-year to 2.73 lakh tonnes. In the oil & gas business, the company's average gross operated production across assets was at 1,42,615 boepd (barrels of oil equivalent per day). "Production from the Rajasthan block was at 1,19,888 boepd and from the offshore assets was at a

State-owned CIL on Friday said it has conceptualised a mega digital transformation programme to "reimagine" its mining operations. The move will help achieve the target of 1 billion tonnes (BT) of coal production by FY26. The coal behemoth launched the 'Project Digicoal' and a 'Digital War-Room' to monitor and assist this project at its headquarter in Kolkata. This project will help Coal India's (CIL) mining operations become future ready using advanced digital solutions, the public-sector unit said in a statement. "With the launch, the project went live in seven coal mines of CIL encompassing Gevra, Dipka and Kusmunda mines in SECL and Nigahi, Jayant, Dudhichua and Khadia mines in NCL," it said. CIL has roped in Accenture as its consultant to design and implement the project. "Launch of 'Project Digicoal' is an important milestone of digitalisation in CIL. This project will help make the processes efficient," CIL Chairman Pramod Agrawal said while launching the project. "The pr

Bharat Forge has been consolidating its defence and aerospace business under Kalyani Strategic Systems with an aim to target export opportunities in the defence sector

In a major relief to senior IAS officer of the Andhra Pradesh cadre, Y. Srilakshmi, the Telangana High Court on Tuesday quashed charges against her in the Obulapuram mining case filed by the CBI

Some 6,732 sq km of Indonesian forest has been granted to nickel mining concessions, a coalition of environmental groups wrote in a July letter to Tesla Inc.

Jordan and Egypt have agreed to increase their exchange of expertise in the fields of mining, petrochemical industry, oil and natural gas, according to a statement by Jordan's Ministry of Energy

The relaxation in rules, a notification of which was issued on August 16, is part of the Ashok Gehlot government's 2022-23 Budget speech

The Rajasthan government has forayed into the field of uranium mining by issuing a letter of intent (LoI) to Uranium Corporation of India.

The comments come at a time when there have been concerns about global climate change on account of the burning of fossil fuels including coal, resulting into greenhouse gas emission.

The minister added that there was a need to be conscious about the environment and keep in mind the sustainable mining goals.

The Supreme Court on Friday ordered that mining within the national parks and wildlife sanctuaries shall not be permitted

The Karnataka government allocated Rs 100 crore under the head 'Green Budget' in the state's general budget for 2022-23

Newly-appointed ministers of the Bhagwant Mann-led Punjab cabinet assumed charge of their departments here on Tuesday.

Mining behemoth Coal India will not have luxury to retain its loss-making mines with its aim to remain competitive in the wake of privatisation of coal blocks, a senior government official said

Gainwell Engineering on Monday said it will invest Rs 500 crore to manufacture coal mining equipment, with license from global heavy equipment major Caterpillar, in West Bengal. The company said it entered into a technology licensing agreement with Caterpillar, which will enable it to manufacture equipment to support the growing coal production in India and for the global markets. Coal India will incur a capex of Rs 40,000-50,000 crore over the next 4-5 years and a large chunk of the investment would be in procurement of mining equipment. As a part of the agreement, Gainwell Engineering will also supply after-market spare parts and render service support to the existing active population of licensed Caterpillar room & pillar equipment and highwall miner. Gainwell Engineering is setting up its plant on 35 ares of land at Panagarh in West Bengal's Paschim Bardhaman district. "It will create employment opportunity for more than 250 highly skilled technicians, Gainwell CMD Sunil ...

While the zinc business is already housed in a listed subsidiary, the plan is to demerge the aluminum, iron and steel, and oil and gas businesses into standalone listed entities

He has also been the Chairman of International Coal Ventures (ICVL) and mjunction services

At least two people were killed when half a dozen dumper trucks and some machines were buried in a landslide at Dadam mining zone of Haryana's Bhiwani district on Saturday, police said. They said around half a dozen dumper trucks and some machines were buried under debris when the landslide took place in Tosham block. "At least two people have died in the incident," said Inspector Sukhbir of the Tosham Police Station over the phone. The dead are yet to be identified, he said, adding that rescue operations are underway.

Vulcan is a private company and part of $18-billion Naveen Jindal Group

Freight rates for mining, cement, and steel have seen some corrections on-month in November as infrastructure-building activities were subdued, ratings agency Crisil said.