Mining/Metals press release

Fri, 24 Oct 2008
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Financial Results Of Carborundum Universal Limited Cumi Top line up by 21% Consolidated PAT jumps to Rs.25 crores

The Board of Directors met today and approved the unaudited financial results for the quarter ended 30th September 2008....

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Dr N Kondal Rao a Pioneer of Nuclear Fuel fabrication is no more

Dr. N. Kondal Rao, an Eminent Metallurgist and Nuclear Scientist passed away on 22.10.08 after a brief illness. He is survived by his wife & three sons....

Wed, 22 Oct 2008
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Jindal SAW Ltd. Q3 Net profit at Rs. 100 Crores

The net sales reported for the quarter ended September 2008 were Rs. 1485 Crores, compared to Rs. 1429 Crores in the corresponding quarter of the previous year....

Tue, 30 Sep 2008
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Metso and Wärtsilä form joint venture for renewable energy solutions

Metso will own 60 percent and Wärtsilä 40 percent of the joint venture. It is estimated that in 2008 the consolidated annual pro forma net sales of the joint venture would be approximately EUR 130 million and the number of employees approxi...

Sun, 21 Sep 2008
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Clarifications by the Department of Atomic Energy on media reports

We have seen some recent reports in the media, including international, questioning the effectiveness of India's nuclear-related export control regime and control of classified information and allegations that in certain instances items required...

Tue, 02 Sep 2008
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Dubai's Rough Diamonds Trade Increases by 36% at the end of July 2008

Dubai Diamond Exchange (DDE), a subsidiary of the Dubai Multi Commodities Centre (DMCC), announced that Dubai's total trade of rough diamonds increased by 36% to reach $3.03bn at the end of the first six months of 2008....

Tue, 26 Aug 2008
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20 Microns Limited IPO: Price band fixed between Rs 50 and Rs 55 per Equity Share

20 Microns Ltd. is one of the India's largest producers of white minerals with an annual turnover of over 1,80,000 tons from plants and deposits...

Fri, 22 Aug 2008
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Adriana Partners With ArcelorMittal

Through a series of transactions, ArcelorMittal will acquire 80% of the Port for total consideration of approximately $40.5 million USD with Adriana holding the remaining 20%...

Wed, 06 Aug 2008
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Resurgere Mines & Minerals India Ltd IPO opens 11th August

Price band fixed at Rs 263 to Rs 272...

Mon, 04 Aug 2008
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Balasore Alloys Q1 Net zooms 318%

Balasore Alloys Ltd (BAL), a major player in the international Ferro Chrome market, has notched up an impressive growth of 318.34% in its net profit at Rs. 2253.28 lacs for 1st Quarter ended 30th June, 2008, as compared with Rs.538.62 lacs recorded d...