Latest Mining News & Updates

New Delhi, May 11 (IANS) There was a decline in urban unemployment during the January-March quarter of the current year, along with an increase in rural employment in both the secondary and tertiary sectors, according to a statement issued by the Ministry of Statistics on Monday.Overall unemployment rate (UR) in urban areas for persons of age 15 years and above exhibited a declining trend 6.6 per cent during the quarter January-March 2026 compared to 6.7 per cent in the previous quarter.In rural…

Guna (Madhya Pradesh), May 10 (IANS) Adani Enterprises Director Pranav Adani said on Sunday that the Adani Group is poised to create 120,000 new jobs In Madhya Pradesh by 2030 across various sectors ranging from cement and mining to power.He was addressing the gathering at the inauguration of Adani Group’s new cement plant here in the presence of Madhya Pradesh Chief Minister Mohan Yadav and Union Minister Jyotiraditya Scindia.Pranav Adani highlighted that during the Global Investors Summit he…

Port Sudan, May 5 (IANS) India and Sudan held the ninth round of Foreign Office Consultations in Port Sudan, discussing progress in bilateral ties across various sectors. The officials of the two nations also spoke on regional issues of mutual interest. “9th round of India-Sudan Foreign Office Consultation was held in Port Sudan on 4 May 2026, co-chaired by Joint Secretary (WANA) and Undersecretary of Foreign Affairs and International Cooperation of Sudan,” the Ministry of External Affairs (MEA)…

Jaipur, May 1 (IANS) On the occasion of International Workers’ Day, former Rajasthan Chief Minister Ashok Gehlot expressed serious concerns over the condition of workers across the country, particularly in Rajasthan, while also commenting on recent political developments, including exit polls related to West Bengal.Addressing the media at his residence in Civil Lines, Gehlot said the situation of labourers remains “extremely grave”, alleging that many workers are still not receiving even the…

Mumbai, April 15 (IANS) Industrial gearbox manufacturer and a premier material handling equipment (MHE) provider Elecon Engineering Company Limited on Wednesday reported a sharp 96 per cent drop in its net profit to Rs 6 crore for the fourth quarter (Q4) of FY26, mainly due to a large exceptional loss during the period.The company had posted a net profit of Rs 146.48 crore in the same quarter previous financial year (Q4 FY25), according to its stock exchange filing.The steep decline in profit wa…

New Delhi, April 9 (IANS) Ferrous players are likely to post strong fourth quarter (Q4) results as hot‑rolled coil and rebar prices rose sharply, driving realisations and offsetting higher coking coal costs, a report said on Thursday.The report from Emkay Global Financial Services said that “COAL is likely to report strong on-quarter EBITDA growth, among mining stocks, surging over 46 per cent or Rs 115 billion”. The growth is supported by higher e‑auction realisations and improved offta…

New Delhi, March 30 (IANS) India’s construction players are expected to witness a revenue growth of 6-8 per cent in 2026-27 after two bleak years, a report said on Monday.Construction revenue growth is likely to remain muted in 2025-26 at 2 to 4 per cent, with increased pressure on road contractors, the report from ICRA said.The shrinking order books for road contractors amid muted project awarding by the Ministry of Road Transport and Highways led to the muted growth.Further, a slowdown in Ja…

Kabul, March 29 (IANS) Two mine workers have died due to gas poisoning in Afghanistan’s Samangan, local media reported on Sunday. According to local Taliban authorities in Samangan, the two workers died due to gas poisoning inside a coal mine in Dara-i-Suf Bala district of Samangan, news agency Khaama Press reported.In a statement on Saturday, the Taliban’s police command in Samangan said that the two workers died due to gas exposure. The bodies were handed over to their families for burial af…

Warsaw, March 26 (IANS) India and Poland on Thursday held discussions on deepening political exchanges and economic ties, including in areas like electric vehicles, mining and shipping and enhancing educational, cultural and people-to-people exchanges. The talks were held between Additional Secretary, Ministry of External Affairs (MEA), Pooja Kapur and Polish Secretary of State WT Bartoszewski in Warsaw.”Ms. Pooja Kapur, Additional Secretary, Ministry of External Affairs called on Polish Secreta…

Jaipur/Bhopal, March 21 (IANS) In a significant push to strengthen inter-state economic ties, Madhya Pradesh Chief Minister Mohan Yadav addressed Rajasthan’s investors in Jaipur on Saturday, declaring the two states as “natural partners” and “twin brothers” poised to transform Central India into an industrial powerhouse. Highlighting shared heritage, cultural bonds such as the traditional ‘Roti-Beti’ relationship, and a new water-sharing alliance through the ambitious “Parvati-Kalisindh-Chamba…