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Basic Materials

Petra Diamonds names Africa veteran Duffy as CEO

Feb 18 Miner Petra Diamonds Ltd has appointed former AngloGold Ashanti finance director Richard Duffy as its new chief executive officer, the company said on Monday as it reported first-half adjusted core earnings of $75.6 million.

12:46pm IST

Tokyo Steel to hold prices steady in March for 3rd month

TOKYO, Feb 18 Tokyo Steel Manufacturing Co Ltd , Japan's top electric-arc furnace steelmaker, said on Monday it would keep its steel product prices steady in March because of a softer overseas market and slow winter demand for local construction.

12:28pm IST

Australia shares rise on Sino-U.S. trade deal hopes; NZ flat

* Mining index at 7-year closing high on solid resource prices

11:58am IST

REFILE-India's top court revokes order to reopen Vedanta smelter

NEW DELHI, Feb 18 India's Supreme Court on Monday set aside an order by an environmental court which had cleared the way for reopening Vedanta's south Indian copper smelter, in a blow to the company's plans to begin operations.

10:59am IST

UPDATE 1-Indonesian presidential hopefuls vow energy self-sufficiency through palm

JAKARTA, Feb 18 Indonesia's two presidential candidates pledged on Sunday to achieve energy self-sufficiency by boosting the use of bioenergy, particularly fuelled by palm oil, to cut costly oil imports by Southeast Asia's biggest economy.

10:06am IST
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Supreme Court revokes NGT order to open Vedanta smelter

NEW DELHI The Supreme Court on Monday set aside an order by an environmental court which had cleared the way for reopening Vedanta's south Indian copper smelter, in a blow to the company's plans to begin operations.