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Commodities

China's top two banks say no plan to finance Adani's Australian coal mine

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04 December

China's top two banks say no plan to finance Adani's Australian coal mine

China's two biggest banks said they do not plan to finance a controversial Australian coal mine, in the latest blow ......

Tata Steel's deal to acquire iron ore assets of erstwhile Stemcor collapses

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11 October

Tata Steel's deal to acquire iron ore assets of erstwhile Stemcor collapses

Tata Steel Ltd said on Wednesday it has scrapped a deal to buy Brahmani River Pellets Ltd, a supplier of ......

Indian Oil says willing to acquire GAIL or Oil India

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09 October

Indian Oil says willing to acquire GAIL or Oil India

Indian Oil Corp is willing to buy state-owned GAIL (India) Ltd or Oil India Ltd, the company’s head of finance, ......

Reliance Industries to sell stake in Marcellus shale asset JV for $126 mn

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06 October

Reliance Industries to sell stake in Marcellus shale asset JV for $126 mn

Billionaire Mukesh Ambani-led Reliance Industries Ltd has agreed to sell its entire 60% stake in a US shale energy joint ......

Adani may sell stake in Australia coal project to raise funding

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04 October

Adani may sell stake in Australia coal project to raise funding

India’s Adani Enterprises Ltd aims to tie-up financing for its Carmichael coal mine project in Australia by March 2018, a ......

Indian firms may join the race for BHP's $2 bn Canadian potash mine

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28 August

Indian firms may join the race for BHP's $2 bn Canadian potash mine

Anglo-Australian mining giant BHP Billiton Ltd is considering selling a 25 percent interest in its Canadian potash mine project, a ......

Adani hires funding adviser for Australia coal mine

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10 August

Adani hires funding adviser for Australia coal mine

India's Adani Enterprises has appointed corporate finance firm Grant Samuel to advise on funding for its multi-billion dollar coal mine ......

Adani to go ahead with $4 bn Australia coal mine

Adani to go ahead with $4 bn Australia coal mine

India's Adani Enterprises gave final investment approval on Tuesday for its $4 billion Carmichael coal mine and railway in Australia's ......

No plans to buy Anglo American assets, says Vedanta's Agarwal

No plans to buy Anglo American assets, says Vedanta's Agarwal

The chairman of Indian miner Vedanta Resources said on Wednesday he had no plans to buy assets in South Africa ......

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Peek at True North's commodity sector bet that turned into gold

Peek at True North's commodity sector bet that turned into gold

Private equity firm True North Managers LLP, which has a sector-agnostic investment structure but focusses on financial services, consumer, healthcare ......