Saudi Arabian Mining Co. (Maaden) has secured USD 1 billion in inaugural international syndicated credit facilities, with strong demand from global lenders highlighting confidence in the company's expansion strategy and Saudi Arabia's broader mining ambitions. Maaden has secured USD 1 billion in...
Vedanta Aluminium veteran Rajiv Kumar has been appointed Chief Operating Officer (COO) of Jindal Steel after completing a successful stint as Chief Executive Officer of Vedanta Aluminium. Kumar, who brings more than three decades of experience in the metals and mining industry, will now oversee the...
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Vedanta Limited (VEDL), through its subsidiary, ESL Steel (ESL), is to raise INR 2 billion (USD 223 million) by using 10 to 12 per cent non-convertible debentures. The raise must meet its funding obligations of Vedanta Resources Limited (VRL) of USD 206 million to Konkola Copper Mines (KCM) by the...
As reported to the Parliament on Monday, the Geological Survey of India (GSI) informed that it is pushing its efforts in exploring essential and strategic minerals. This will include the launch of 230 projects in the current fiscal year, up from 195 last year. As a reply to the question raised in...
There is another side to Rio Tinto that exists far from its mine sites — a steady, growing effort to support the people and communities round the globe. This year, during the 16 days of activism against gender-based violence, the company renewed its involvement with organisations that help women,...
South West Pinnacle Exploration, a company specialising in mining exploration services, has reportedly secured a mining consultancy assignment worth INR 11.78 crore (USD 1.41 million) from National Aluminium Company Limited (NALCO). The project will span for 24 months, potentially boosting South...
While embarking on a plan, knowing when to pull the plug at the right time has become real now. With the rising pressure from the local community and various environmental groups, Alcoa, a US-based bauxite miner, has announced its removal of areas as per its proposal in the exploration drilling...
Dilip Buildcon Limited (DBL) has moved a step closer to securing a mining assignment for NALCO’s Pottangi Bauxite Mines in Odisha after emerging as the lowest bidder. The tender covers a wide scope of mine development and operation (MDO) duties, stretching from an overland conveyor corridor and...
India has used the G20 platform to push for a fresh international effort around critical minerals, an area where Beijing’s dominance has left many economies — India included —highly exposed. At the leaders’ meeting in Johannesburg, Prime Minister Narendra Modi introduced a proposal for a G20...
Metro Mining, an Australian mining and exploration company based in Brisbane, Queensland, is on the road to increasing the bauxite volume in 2026 via decongestion at its Bauxite Hills Mine in Far North Queensland. As reported by Simon Wensley, the CEO of Metro Mining, in 2026, the firm will...
India’s mining sector has intensified its pre-budget campaign, with the Federation of Indian Mineral Industries (FIMI) renewing its push for major policy corrections that it argues are essential to keep the aluminium value chain competitive. FIMI calls for removal of 15 per cent Duty on low-grade...
In nearly 40 years, the US federal government's momentous investment of USD 355 million for the mining technology has been rolled out, as announced by the US Department of Energy (DOE). This funding initiative is made with the focus on expanding and upholding the production of critical minerals...
As part of the plan to create a pool of 5.7 million skilled workers for mining by 2030, the Mines Ministry and the Skill Council for Mining Sector (SCMS) have jointly formed a committee to identify skill gaps and train 5.7 million workers focused on mining critical minerals. Explore- Most accurate...
After Beijing had vowed in July to crack down on overproduction among coal mines, domestic miners have stayed cautious about their production to avoid potential punishment, as reported. The campaign continued to weigh on the coal sector in October, leading to an on-year decline in coal production...
Rio Tinto has put its Jadar lithium project in western Serbia on hold, shifting the whole operation into care and maintenance for now, though the company says it isn’t walking away from Serbia. But it will hold the legal rights over the deposit and continue to operate in the country. Image for...
Bharat Aluminium Company Limited (BALCO) has won a major tax dispute case after the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled in its favour, confirming that the company is entitled to claim CENVAT credit on the service tax paid for mining services used in bauxite extraction....
Nimba Mining Company, Guinea-Conakry's newly established state-owned enterprise, have sent out its first shipment. The loaded shipment carried 200,000 tonnes of bauxite from the Tinguilinta mine via the Port of Kamsar. The shipment was sent out after the firm signed a 1.5 million tonne agreement...
The Director of Solid Minerals, located in Benue State, Anselm Nege, announced in an interview with The Guardian about the recent discovery of substantial gold and aluminium deposits in several areas around the region. As of now, the government is working and closely monitoring the mining...
The red soils of Guinea are continuously drawing the world’s gaze with their mining power. As 2026 nears, the country’s bauxite sector remains on a record-setting path, reshaping its role in global supply chains. In the first three months of 2025, Guinea exported 48.6 million tonnes of bauxite —...
Boksit, a Bosnian bauxite mining company, suggested an outstanding surge in its net profit at BAM 13.1 million or USD 7.7 million in the first nine months of 2025. During the same period last year, this surge marked a leap from BAM 603 thousand. In the first 9 months of 2025, the firm achieved a 14...
