NMDC skids 7% after protests halt iron ore production at Chhattisgarh unit

Shares of NMDC dipped 7 per cent to Rs 100 per share on the BSE on Thursday after the state-owned company halted production at Bailadilla range in Dantewada district of Chhattisgarh due to tribals' protest.

Barring Kumaraswamy Mines in Karnataka, production of iron ore by NMDC came to a standstill across all its iron ore mining facilities, news agency PTI reported. CLICK HERE TO READ FULL REPORT

Earlier, NMDC had suspended iron ore-mining from its Donimalai mine following the Karnataka government's decision to impose 80 per cent premium on the ore sales from the mine in November, 2018,