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Fortescue reported a 4% rise in first-quarter iron ore shipments and said it has revised plans for its Australian hematite mining operations that includes a new, low-grade product and is aimed at keeping a lid on costs. Fortescue, the world's fourth-biggest iron-ore producer, said it shipped 49.7 million metric tons of the steelmaking ingredient in the three months through September. That compared to 47.7 million tons in the same period a year earlier, and is a record for a first fiscal quarter ...Read More >
Mumbai, June 30 (SocialNews.XYZ) The Maharashtra government on Monday tabled the bill for the establishment of the 16-member Gadchiroli District Mining Authority for the coordination and supervision of orderly and rapid development of the mineral-bearing area and execution of plans and projects. The authority will be headed by Chief Minister Devendra Fadnavis, who is also the Gadchiroli district guardian minister. The government's move is important as it hopes to finish the Left Wing Extremism ...Read More >
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