Tag Archives: gold

Trapped in a gold dustbowl: Residents of Kolar Gold Fields hope revival of mining will lead to better days

It could have been a scene out of the 1969 film ‘Mackenna’s Gold’ – hillocks of waste that piled up over the years as the yellow metal was extracted from the ground, giving this town a distinct landmark that symbolises … Continue reading

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Aerial survey for minerals to focus on Rajasthan, Deccan trap, Jharkhand

NEW DELHI: In a bid to encourage mineral exploration, the government will conduct aero-geophysical surveys, particularly focusing on western Rajasthan, Deccan trap, areas in Jharkhand, Chhattisgarh and Bundelkhand. Mines Ministry is in the process of conducting an aerial survey of … Continue reading

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Government plans to monitor mines via space technologies

New Delhi: The government has taken a tough stand against mining mafia, deciding to monitor all mines, including minerals such as limestone and sand, through space technologies, and to ask states to quantify past illegal mining activities and actions taken … Continue reading

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Government identified blocks for exploration of gold, diamond, Parliament informed

NEW DELHI: The Mines Ministry has identified over 100 blocks for reconnaissance stage exploration of minerals such as gold, diamond, bauxite, iron ore and limestone, Parliament was informed today. Technical Committee of the National Mineral Exploration Trust (NMET), the body … Continue reading

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Mines Auction: States to garner revenues of over Rs 35,500 crore

NEW DELHI: After a lackluster start earlier this year, mines auction is gathering pace with states set to get over Rs 35,500 crore as buyers lapped up 11 mines containing minerals such as iron ore, gold and limestone. The first … Continue reading

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Hindustan zinc could strike gold with silver

Anil Agarwal-owned Hindustan Zinc is set for an earnings boost this year with rising silver prices, a business which generated around a fifth of its operating profit in FY16. Silver prices have risen 27 per cent since April, which would … Continue reading

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Gold smuggling may rise due to unemployment, cheaper price in neighbour countries: Industry

Kolkata: Gold smuggling in India may increase as a number of people rendered jobless owing to Covid-19 may turn to this route to make some easy money, said industry executives. Once travel restrictions are withdrawn, smuggling channels will become active … Continue reading

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Cobra Beer gets ‘grand gold’ medal in the UK

LONDON: Cobra Beer has become the first Indian beer brand in the UK to receive the International High Quality Trophies in recognition of its consistent excellence. Produced by NRI entrepreneur Lord Karan Billimoria, Cobra has been awarded gold medals for … Continue reading

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Bisleri set to re-enter soft drinks space in 2016

NEW DELHI: Bottled water major Bisleri International is looking to re-enter the soft drinks business early next year as part of its plans to clock a turnover of over Rs 2,000 crore by 2020. The company, which is making a … Continue reading

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Budget 2012: Gold and platinum jewellery prices set to go up; gold smuggling likely to increase

KOLKATA: Prices of gold and platinum jewellery are set to go up by atleast 2%, making them that much costlier for the consumer. Jewellers also fear that the increase in basic customs duty would increase the likelihood of smuggling in … Continue reading

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