Wednesday 02 December 2020

News Analysed, Opinions Expressed

Economy | Mining

Ore price dips 10-year low, mining looks difficult: GMOEA

 

As prices of lower grade iron ore hit a decade-low of $29 per tonne, Goan miners fear rates have not bottomed out yet and they expect a “bloodbath” in the next one year if counter measures are not taken.

Goa mainly produces low grade iron ore (with iron content between 55-58 per cent), which is mainly exported to countries such as China and Japan. CLICK TO READ MORE


goanews.com is now on Telegram & also Youtube. Kindly subscribe for free & remain updated.




Name
Place
Email
Comments
Verification Code Enter The Code Displayed hereRefresh Image
 

Economy

 

Latest News

» 50% of ...
» Verna IE ...
» Jitendra Deshprabhu ...
» Properties of ...
» You can ...
» Modi isolates ...
» Nepal to ...
» Bankers suggest ...
» Chinese state ...
» Tibetan students ...
 
 

Mining

» SC again stops ...
» NGT orders 25 ...
» Fearing another attempt ...
» Goa police summons ...
» Dr Claude supports ...
» New SC order ...
» Centre to hold ...
» Caurem tribals march ...
» Will Govt probe ...
» Was crop damage ...