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Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output and gold hit three-week highs after dovish Federal Reserve minutes.

With huge overburden of chrome ore creating environmental problems, the State Pollution Control Board (SPCB) has directed that a comprehensive overburden management action be prepared for Sukinda Valley.

THE government has forfeited about 600 mining claims of base metal minerals in the Midlands province in terms of the Mines and Minerals Act (Chapter 21:05).

GOVERNMENT, through Apple Bridge Investment - a special purpose vehicle established to facilitate chrome ore exports - has set prices at which it will buy the mineral from local producers.

South Africa- and Singapore-based commodities trader Sail Group, in conjunction with integrated chrome producer Afarak Group and trade services company Chinalight Resources, launched the Sectional Block model – an approach to mine development that serves both...

Chinese chrome smelting company, Afrochine’s Selous smelting plant is failing to reach full production capacity due to feedstock shortages, the company has said. The company is considering increasing production following the recent lifting of a ban on chrome ...

It was a boom for five years. With high profit margins, easy availability of iron ore and coal, and better logistics, Odisha became a hot seat for sponge iron industry in India during 2005-2010, leading to mushrooming of sponge iron units – 95 of them. Howeve...

THE government has placed a cap of 200,000 metric tonnes on raw chrome exports to end of December this year in a move aimed at enhancing viability of local smelting firms.