Tag
Mining
19 articles
Mining sector activity is marked by a mix of price adjustments, legal proceedings, and corporate governance updates. MOIL increased manganese ore prices by 5% for October 2026, while Supreme Court granted a two-week extension regarding the AMLIDIH Quartz Mine, and Orissa Minerals received a two-month extension for its AGM. Several companies, including GMDC, Caliber Mining, and Prakash Industries, held AGMs, approving resolutions and dividend declarations. Despite these developments, the Jharkhand High Court dismissed a mining petition, and the Supreme Court re-listed a case involving MP State Mining, highlighting ongoing legal challenges within the sector. NMDC reported record production and profit for FY26, alongside contingent liabilities and SEBI fines, while the Ministry of Mines launched an offshore mineral auction, signaling a push for expanded exploration and resource security.
Jharkhand HC Permits Withdrawal of PIL
Petitioner Umesh Kumar Ganjhu filed PIL No. 6080/2026 in Jharkhand High Court and now seeks to withdraw the petition.
The Court, led by Justice Manoj Prasad, permitted withdrawal despite the rule that
Jammu & Kashmir's First Mineral Blocks Auctioned
Ministry of Mines successfully auctions two limestone blocks in Jammu & Kashmir for the first time.
Koot-Kapran block has 4.75 million tonnes limestone resources across 22.43 hectares.
Wantrag block c
MOIL Increases Manganese Ore Prices 5% for October 2026
MOIL Limited announces 5% price increase for all ferro grades of manganese ore effective October 1, 2026.
Price hike applies to both Mn-44% and above grades and Mn-below 44% grades, chemical grades, S
Supreme Court Grants AMLIDIH Mine Two-Week Extension
Supreme Court heard Special Leave petition by Chhattisgarh Environment Conservation Board against AMLIDIH Quartz Mine on 29 Sep 2026.
The bench comprised Justices M.M. Sundresh and Prasanna B. Varale
Orissa Minerals Gets 2-Month AGM Extension
Registrar of Companies Cuttack grants Orissa Minerals a 2-month extension to hold its 108th AGM for FY 2025-26.
The extension, valid until November 30, 2026, was required due to delayed comments from
GMDC 63rd AGM Approves All Five Resolutions
GMDC held its 63rd AGM via VC/OAVM on 30th September 2026, lasting 15 minutes.
All five proposed resolutions, including financials adoption and dividend declaration, were passed with requisite majorit
Jharkhand High Court Dismisses Mining Petition
Seven local residents filed W.P.(C) No. 3682 of 2026 against the State of Jharkhand and others over a mining grievance.
Counsel Mr. Krishna Shankar asserted the grievance was resolved and sought withd
Supreme Court Re-lists MP State Mining vs Vista Sales Appeal
Supreme Court heard multiple SLP petitions filed by MP State Mining Corp against Vista Sales Pvt Ltd.
Numerous interim applications sought exemption from filing copies and OT; the Court ordered re‑lis
Caliber Mining 12th AGM Approves All Resolutions
Caliber Mining held its 12th AGM via video conference to adopt FY26 financials and approve special business items.
FY26 revenue grew 17.29% to ₹1,677.66 crore with PAT up 17.77% to ₹157.14 crore.
All
Prakash Industries 45th AGM Approves Dividend, Reappointments
Prakash Industries held its 45th AGM on 30th September 2026 via video conference to transact key business items.
Shareholders approved a dividend of ₹1.80 per equity share and re-appointed director Sh
Ministry of Mines Launches Andaman Sea Offshore Mineral Auction
Ministry of Mines launches auction of two offshore mineral blocks in Andaman Sea under Composite Licence regime.
Auction conducted under Offshore Areas Mineral Act 2002 and Auction Rules 2024 to enabl
GMDC 63rd AGM Approves Rs 9.50 Dividend
GMDC held its 63rd AGM on 30th September 2026 via video conferencing to approve financial statements and business resolutions.
Shareholders approved a dividend of Rs 9.50 per equity share (@475%) for
NMDC 68th AGM Approves All Nine Resolutions
NMDC Limited held its 68th Annual General Meeting on 28th September 2026 via video conference to vote on nine resolutions.
Shareholders approved all resolutions including final dividend of ₹1.00 per s
Power Mech Q1 FY27 PAT Rises 52% YoY
• Investor presentation for non-deal roadshow outlines Power Mech's 27-year track record in industrial and infrastructure services with ₹17,317 Cr order book.
• Q1 FY27 revenue grew 26% YoY to ₹1,623.
Ministry of Mines Strengthens E-Waste Collection Drive
Ministry of Mines launches Special Campaign 6 e-waste drive across 44+ locations to recover critical minerals.
JNARDDC coordinates campaign with MRAI for responsible recycling and resource recovery fr
Valley Magnesite 38th AGM Voting Results
Valley Magnesite held its 38th Annual General Meeting on 21 September 2026 with 46 shareholders present.
Two ordinary resolutions were passed with 100% approval, including adoption of FY26 financial s
OMDC Q1 FY27 Net Profit ₹3.45 Crore
OMDC Board approved unaudited standalone financial results for Q1 FY27 ended June 30, 2026.
Company reported net profit of ₹3.45 crore for the quarter, a significant improvement from previous periods.
NMDC Achieves Record 53.16 MT Production, ₹7,421 Crore PAT
NMDC achieved record iron ore production of 53.16 million tonnes and sales of 50.24 million tonnes in FY 2025-26, representing 20.6% and 13.2% growth respectively.
Financial performance showed revenue
Sobhagya Mercantile FY26 PAT Up 41.9% to ₹22.04 Crore
Sobhagya Mercantile reported a 41.9% YoY increase in Profit After Tax to ₹2,203.87 lakhs for FY 2025-26, with revenue growing 47.8% to ₹23,250.41 lakhs.
The company received Environmental Clearance fo