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A proposed legislative bill in Karnataka could triple the tax burden on miners operating pre-auction era iron ore mines, potentially squeezing their margins and triggering ripple effects on steel ...
dropped 7 percent on Wednesday, December 18, following media reports that the Karnataka government is considering an increase in the duty on iron ore mining. The stock fell to its intra-day low of ...
NMDC Share Price: NMDC shares dropped 7% to ₹211.55 on NSE amid reports of Karnataka planning to hike iron ore duty. Over 2.5 crore shares traded by 1:30 PM. Shares of state-owned miner NMDC fell 7% ...
The decline in NMDC share followed reports suggesting that the Karnataka government is considering an increase in the duty on iron ore. The state reportedly aims to generate approximately Rs 10,000 ...
Shares of state-run NMDC Ltd. fell as much as 6% on Wednesday, December 18 after sources with knowledge of the matter told CNBC-TV18 that the Karnataka state government is looking to increase the duty ...
The federal government has cut company tax receipts for the first time since the pandemic because of weaker profits from the mining sector, but has left unchanged its iron ore and coal forecasts ...
Spartan Resources’ historic Beebynganna Hills iron ore project in Western Australia has changed hands, with Fenix Resources taking on ownership. Beebynganna Hills is one of two WA tenements ...
This critical process involves improving the quality of raw iron ore by removing impurities and enriching its iron content, making it suitable for steel production. With the government now working on ...
BHP paused operations at two iron ore mines in Western Australia on Saturday after heavy rains in the country’s Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have ...
NEW DELHI: Tata Steel has initiated discussions with state-run miners NMDC and Odisha Mining Corporation (OMC) to secure future iron ore supplies as the company ramps up its domestic steel ...