Mining & Minerals
29 recent notes from companies in this sector. 12 companies tracked.
Coal India's renewable pivot begins with a ₹10 lakh JV in UP
The coal giant signed a JV with UPRVUNL for solar, wind, and pumped storage projects. But the initial paid-up capital is just ₹10 lakh, a rounding error against quarterly net profit of ₹10,792 crore.
Coal India's ₹2,831 cr solar win – a 2% revenue blip
Coal India's first major solar project at Jalaun Solar Park will supply power at ₹2.73/unit. For a company of this size, it's a rounding error.
MOIL cuts manganese ore prices 5% for July; one grade down 10%
Monthly price revision is within normal range; EMD prices unchanged.
Coal India bets ₹1,900 cr on clean coal tech by 2030
The state-owned miner's R&D plan is modest relative to its market cap but signals a shift toward sustainability through academic partnerships and global tie-ups.
Deccan Gold's Jonnagiri project goes live but the payoff is indirect
CM Naidu inaugurates the Kurnool mine. Initial processing at 1,000 tpd for 400-600 kg gold annually. Yet Deccan Gold holds only an indirect stake through associate Geomysore, and the filing gives no revenue split.
Deccan Gold's Bhalukona drill hits nickel-copper-PGE; ASSOCHAM award follows
Five of six holes show potentially economic mineralisation. The company targets India's first Ni-Cu-PGE mine, but the project is still early-stage with no resource estimate.
BCCL hands over 2 MTPA Dugda washery to JSW Steel in first-ever monetisation
In a milestone for the coal sector, BCCL transfers its 2 million tonne per annum Dugda Coal Washery to JSW Steel, aligning with Mission Coking Coal to cut import dependence.
Monolithisch guides FY27 growth of 20-22%, down from 50-60% CAGR
The micro-cap miner targets ₹250-300 cr in FY27 revenue, deliberately slowing to shift customers to premium products and start a greenfield plant. EBITDA margin improvement of 4-4.5 ppt is the offset.
Supreme Court ruling opens potential path for Deccan Gold's stalled Ganajur project
The Supreme Court clarified that pre-2015 mining lease applicants retain vested rights, which could help Deccan Gold resolve its long-pending dispute over the Ganajur gold project. The company's legal team is studying the implications.
Deccan Gold buys 51% of a Spanish tungsten explorer for €1.76M
The Indian gold miner is diversifying into critical minerals in Spain, with an option to own 75% of the target.
Ashapura's earnings call transcript adds no new numbers to the story.
The full Q4 and FY26 discussion on Guinea, costs, and India operations repeats the same points already disclosed in the results filing.
Deccan Gold raises ₹40 cr. The Altyn Tor project still needs ₹20-60 cr.
A one-year loan from Godawari Power & Ispat closes part of the gap, but the Kyrgyzstan gold project remains underfunded.
Coal India offers record 35 mt in linkage auction for non-regulated buyers
The Maharatna is expanding options for commercial consumers with an all-time high auction window and new flexibility on coal sales.
Ashapura's Guinea port delayed 18 months, iron ore launch indefinite
The company's two key growth bets in Guinea are now behind schedule. The port expansion slips to FY28 and commercial iron ore is undated.
GMDC partners with Cambridge for India's first rare-earth tracking platform
A two-year, £600,000 initiative to build an AI-powered observatory for rare earth prices, processing capacity, and geopolitical risks.
NMDC clears 53 mt in FY26, reopens two mines for the first time in 50 years
The miner beat its production target and is now doubling capex to restart Deposit 4 and Deposit 13, setting the stage for a push to 100 mt capacity by 2030.
Bharat Coal is fined ₹7.64 lakh. The board breach is the real problem.
SEBI's penalty is a rounding error. The risk is a regulatory escalation path that can freeze promoter shares.
KIOCL swings to profit as auditor flags governance gaps
The iron ore pellet maker posted a net profit of ₹17 crore for FY26, but the auditor warned of missing independent directors and unresolved mining rights.
Midwest Ltd. trims quartz outlook as Sri Lanka project hits new delay
Management targets ₹2,000-2,100 cr in revenue within four years, but production hurdles in quartz and heavy minerals are slowing the near-term path.
Bharat Coking Coal starts operations at its 2 MTPA Bhojudih washery
The Jharkhand-based facility uses advanced beneficiation technology to supply washed coking coal to steel mills. The plant adds 2 MTPA of capacity.
Government of India to sell 2% stake in Coal India at ₹412 per share
The offer for sale, valued at roughly ₹5,100 crore, will take place on May 27 and May 29. The floor price is set at ₹412 per share.
Rajdarshan Industries swings to loss as old loans remain unpaid
The company reported a net loss of ₹17.31 lakhs for FY2026, while auditors flagged ₹3.90 crores in long-overdue loans.
Rajdarshan Industries swings to a loss as quarterly deficits deepen
The nano-cap firm reported a full-year loss of ₹17.31 lakhs, reversing the prior year's profit of ₹23.45 lakhs.
20 Microns outlines ₹100 cr capex but yanks near-term profit guidance
A five-year plan to spend ₹100 crore targets 18% revenue growth by FY30. But management withdrew near-term profit guidance on the same call.
RAW Edge's FY26 revenue shrinks 20% despite a narrower loss
Annual revenue fell to ₹35.79 crore, but the net loss narrowed thanks to a one-off gain. The company turned profitable in the final quarter.
Deccan Gold sets sights on 600 kg output at Jonnagiri by FY27
Management outlines a massive capital expansion plan while navigating a ₹100 crore funding gap for its Kyrgyzstan gold project.
Raw Edge Industrial revenue drops to ₹35.79 cr
Annual losses narrowed on a ₹0.51 cr exceptional gain; the firm reported a slim Q4 profit.
20 Microns' cash flow triples to ₹86 cr as profit growth stays flat
Full-year profit grew just 6.9%, but operating cash flow surged on better working capital. The dividend is unchanged.
20 Microns' FY26 profit grows 6.9%. The filing says nothing else.
Q4 standalone profit rose 16.9%, a stronger finish to a year of modest growth. No new information was disclosed.