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Iron, Copper, Aluminium (Bauxite)

Indian consortium AFISCO and Afghanistan sign MOU to enhance cooperation on Iron and Steel

11 April 2012: India and Afghanistan have signed a memorandum of understanding on 9ththis month to enhance cooperation in the iron and steel, iron ore mines and related infrastructure development sectors. Both  governments are likely to finalize the pact in May this year (next month) for the development of Hajigak iron ore mines, building rail-roads and set up steel and power plants there, as said by Afghanistan's Mines Minister Wahidullah Shahrani. India's planned Afghan iron mine would help companies such as Jindal Steel & Power and Rashtriya Ispat Nigam by giving them shares in an estimated 1.8 billion tons of ore, for which global prices have more than doubled in the past three years. Read More

Indian consortium AFISCO led by Steel Authority of India Limited (SAIL) wins mining rights of Afghanistan's Hajigak Iron Ore Deposits

1 Dec 2011: Steel Authority of India (SAIL) led Indian consortium bagged a US$10.3 billion deal to mine iron ores at the Hajigak mines in Afghanistan. The fourth block was awarded to Canada's Kilo Goldmines with contracts due to be signed in February or March next year. Hajigak mines in Bamiyan, central Afghanistan, about 100 kilometers (60 miles) west of Kabul, holds an estimated 1.8 billion metric tons of iron ore and is the Afghanistan’s biggest and the world's second-largest iron ore reserves. Read More

Chinese company Guangdong Guangxin Mining Resource Group Co Ltd (GMR) invests in Australia's Mineral Hill and KBL Mining

31 Dec 2011: The Chinese state-owned company Guangdong Guangxin Mining Resource Group Co Ltd (GMR), which is the major shareholder of zinc miner Kagara and gold explorer Mungana, is investing A$ 80 million in Mineral Hill Mine of KBL Mining Limited. According to the "memorandum of framework co-operation" signed between Guangdong and KBL Mining, Guangdong (GMR) will also take a 15% stake in KBL Mining....Read More

Coal Mining

NMDC to acquire five more foreign mines of Phosphate, Coking Coal and Iron Ore

28 April 2012:India's largest iron ore producer and exporter, NMDC Ltd (National Mineral Development Corporation), which has acquired a 50% stake in the Perth-based Australian iron ore firm Legacy Iron Ore recently, is on its way to start-off due diligence process to acquire five more offshore mines one each in Russia, Brazil, Mozambique, and two in Australia. Read More

Suitability and Characterization of Coal for Sponge Iron Making

15 April 2012: The two major raw materials that are required for coal based sponge iron production are “iron ore” and “coal”. As many more sponge iron plants are suffering, it is necessary to plan for the supply of the required amount of quality coal. Coals with a high reactivity and high fusion temperature are preferred. The coal should also be non-coking. For selecting any non-coking coals as a reductant (reducing agent), the characterization of coal is important. This article is on the importance and parameters of characterization of coal, their properties required for DRI Process of sponge iron making giving an example of the ground situation in India, the largest producer of sponge iron in the world. ..Read More