Mining
Latest news, explainers and analysis on Mining. Tracking 4 stories on Arth Vani.
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Latest on Mining

NMDC Faces Sales Slump Amidst Weaker Demand and Falling Prices
State-owned mining giant NMDC is grappling with a double whammy of reduced sales and declining iron ore prices. This trend, evident in a muted first quarter, is expected to persist into the second quarter due to seasonal monsoon weakness.

Lake Victoria Gold Finds 580,000 Ounces of Gold Resource in Tanzania
Canadian mining firm Lake Victoria Gold has announced a maiden resource estimate of 580,000 ounces of gold at its Tembo Project in Tanzania. This initial discovery outlines a significant potential gold deposit, marking a key milestone for the company and potentially adding to global gold supply. The find could indirectly influence international gold prices, which in turn affect Indian gold buyers and investors.

Perpetua Resources Uncovers High-Grade Gold, Antimony, and Tungsten in Idaho Drills
Perpetua Resources has reported significant high-grade discoveries of gold, antimony, and tungsten at its Stibnite project in Idaho, marking the first exploratory drilling in nearly a decade. These initial results, including rich intercepts of gold and other critical minerals, could influence future supply and global commodity market prices.

Vedanta Demerger Explained: What the Six-Way Split Means for Your Portfolio
Mining giant Vedanta is splitting its massive business into six separate listed companies to unlock value for shareholders. Retail investors will receive shares in each new entity, requiring a fresh look at which sectors offer the best dividend and growth potential.
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