Mining Weekly reported that even though the ban on iron ore mining in the Indian province of Goa has been lifted, few mining operations have resumed due to falling prices and the Indian government’s refusal to lower export taxes.
Mining Weekly reported that even though the ban on iron ore mining in the Indian province of Goa has been lifted, few mining operations have resumed due to falling prices and the Indian government’s refusal to lower export taxes.
As quoted in the market news:
According to an official in the Goa Mining Association (GMA), a representative body of miners in the province, with international iron-ore prices at a five-and-a-half year low, current offers from buyers did not ensure any margins for miners post the taxes and levies payable to the government.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1779.14 | -19.98 | |
Silver | 20.23 | -0.55 | |
Copper | 3.59 | -0.08 | |
Palladium | 2150.00 | -63.00 | |
Platinum | 932.50 | -28.50 | |
Oil | 88.32 | -3.77 | |
Heating Oil | 3.47 | -0.05 | |
Natural Gas | 8.63 | -0.14 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Base Metals Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â