Indias mineral output increases by 9.4% in August
The Dollar Business Bureau India’s mineral production recorded a growth of 9.4% in the month of August this year compared to the same month last year. The total value of mineral production during the month was Rs.18,015 crore. “The index of mineral production of mining and quarrying sector for August 2017 at 92.7, was 9.4% higher as compared to the level in the month of August 2016,” according to a statement issued by the Ministry on Mines on Monday. “The total value of mineral production - excluding atomic and minor minerals - during August 2017 was Rs.18,015 crore,” it said. The cumulative growth in the mineral production, during the period April-August of this fiscal, was 3.3% compared to same period a year ...
Mineral production index grew 3.9% in November
The Dollar Business Bureau The mineral production index of mining and quarrying industry for the month of November rose by 3.9% while the overall value of mineral production in the month has been projected at Rs.20,481 crore. “The index of mineral production of the mining and quarrying sector for November 2016, at 135.9, was 3.9% higher compared to November 2015,” Mines Ministry said in a statement on Friday. “The cumulative growth for the 8-month period April-November of 2016-17 has been 0.3% as compared to the same period in the previous year,” it said. The total value of mineral output - excluding minor and atomic minerals - in the given month was Rs.20,481 crore. The highest contribution was from coal at Rs.8,737 crore (43%). The other major minerals ...
Indias iron ore imports ease, exports rise on policy support
Sreenivasa Rao Dasari India registered a significant surge in exports of iron ore, ores and concentrates of copper and chrome during the first half of the 2016-17 financial year while witnessing an encouraging drop in imports of iron ore, ores and concentrates of aluminium, copper, chrome and manganese. Country's iron ore (HS code: 2601) exports were $432.14 million in April-September of 2016-17 financial year from $191.46 million for whole fiscal of FY-16. Iron ore imports eased to $116.87million in the first half of FY-17 from $494.25million in 2015-16 fiscal. India recorded 7.23% growth in mineral production during April-September in FY-17 as against the 9% growth in 2015-16 financial year, according to the latest report from Union Ministry of Mines and Department of ...
India's mineral production worth Rs 17,339 cr in July
The Dollar Business Bureau India’s total mineral production for the month of July was Rs 17,339 crore. This result excludes atomic as well as minor. Of the total production of minerals, the production of coal was the highest, contributing Rs 6238 crore or 36%, the Ministry of Mines revealed to the media. Followed by crude petroleum at Rs 5,593 crore, natural gas at Rs 2165 crore, iron ore at Rs 1,347 crore, limestone at Rs554 crore and lignite at Rs 535 crore. "These six minerals together contributed about 95 per cent of the total value of mineral production in July 2016," the ministry said. The index of mineral production of mining and quarrying sector for the month of July (new Series 2004-05=100) 2016 ...
Mineral production up by 2.3% in November 2015
The Dollar Business Bureau India’s mineral production increased by 2.3% in November last year compared to the output of the same month in 2014 and the total production value crossed Rs.19.300 crore. The index of mineral production of mining and quarrying sector for November stood at 131.5, which is higher by 2.3% compared to November 2014, Mines Ministry said in a statement. The cumulative growth in mineral production during April-November of the current financial year also went up by 2.1% over the corresponding period of previous year. While coal with total production value of Rs.8266 cr (43%) was the highest contributor to overall production during the month, crude petroleum came second with Rs.5525 cr, followed by natural gas (utilized) at ...
