Page 13 - Nmdc

NMDC production rises by 13 %, sales up by 7 % in July

In July 2020, the Chhattisgarh projects registered a production of 1.56 million tonnes

Panel urges SC not to ask NMDC, MML to meet iron ore shortfall in Karnataka

CEC says existing mines and upcoming ones will be able to meet the demand

Sumit Deb appointed CMD of National Mineral Development Corporation

Sumit Deb has been appointed as the CMD of National Mineral Development Corporation (NMDC), iron ore mining major of the country, according to a Personnel Ministry order issued

Spending 50% of capex target by September: An uphill task for PSUs

Union Finance Minister Nirmala Sitharaman had earlier this week asked public sector companies to undertake half their capex for the current year by September.

Jump in ore prices eases NMDC's woes; shares rebound by 16%

However, with the onset of monsoon, the outlook for steel demand remains subdued in the September quarter

NMDC hopes to keep volumes intact in FY21; remains wary about realisations

Brokerages are, however, bearish on iron ore prices in the near term

Markets ignore geopolitical tension, Sensex ends 376 points higher

All that happened in the markets today

Market Ahead, June 16: All you need to know before the opening bell

The SGX Nifty is up around 170 points from yesterday's close and is indicating an open at around 9,980 levels for the Nifty today

Iron ore dispatches disrupted in key NMDC mines after state govt order

The Chhattisgarh government had issued show-cause notice to NMDC on June 11 for setting its loading plant outside mining area in violation of lease terms

NMDC, merchant miners to benefit from global iron ore price rally

Revival of Chinese steel production has bolstered demand; simultaneously, disruptions in Brazil after soaring Covid cases has crimped supplies, raising prices

Act responsibly or mining lease will be scrapped: Chhattisgarh govt to NMDC

NMDC Ltd presently mines 90 per cent of its iron ore from Chhattisgarh's leftist insurgency-hit Dantewada district

Experts cite dwindling steel demand for NMDC's sharp cut in iron ore prices

NMDC's action is expected to encourage buyers to pick up larger quantities of the mineral in the near future

NMDC pledges Rs 150 crore to PM CARES FUND for war against Covid-19

The country's largest iron-ore producer and exporter is learnt to be the biggest contributor so far among PSUs for fighting coronavirus

NMDC's Q3 consolidated net profit declines 12.75% to Rs 1,375 crore

During the period under review, total income fell to Rs 3,137 crore from Rs 3,786 crore in the year-ago-period

PSU stocks see sharp movements after Nifty CPSE index rejig; IOCL, PFC dip

Experts say companies added into index could attract large investor flows

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The RSI in Exide's chart is on the rise and looks strong with good volume pick up

K'taka govt holding extension of Donimalai mine lease unreasonable: NMDC

The Donimalai mine was mired in controversy over renewal resulting in the cancellation of lease last year

No information from Karnataka: NMDC on amendments to mining lease extension

The Central government-owned company's Donimalai mine in Karnataka remains non operational since 2018 after NMDC and the Karnataka Government got into a legal battle

Iron ore miner NMDC diversifies into coal, gets two blocks in Jharkhand

The coal ministry has allocated Rohne and Tokisud North coal blocks under Section 5(1) of the Coal Mines (Special Provisions) Act, 2015, for commercial mining, NMDC said in a statement

NMDC hits fresh 52-week high after govt approves mining expansion plan

The stock advanced 3 per cent to trade at Rs 123 today, and has outperformed the market by surging 12 per cent in the past seven trading days, as compared to a 3 per cent rise in the S&P BSE Sensex.