Job Vacancies

India’s November Mineral production rises 3.4%

The index of mineral production of India’s mining and quarrying sector for the month of November (new Series 2004-05=100) 2014 at 127.9, was 3.4% higher as compared to November 2013. The cumulative growth for the period April – November 2014-15 over the corresponding period of previous year stands at (+) 2.5%.

The total value of mineral production (excluding atomic & minor minerals) in the country during November 2014 was Rs. 19066 crore. The contribution of : coal was the highest at Rs. 7099 crore (37%).

Next in the order of importance were: petroleum (crude) Rs. 5713 crore, iron ore Rs. 2363 crore, natural gas (utilized) Rs. 2236 crore, lignite Rs. 379 crore and limestone Rs. 410 crore. These six minerals together contributed about 95% of the total value of mineral production in November 2014.

Production level of important minerals in November 2014 were: coal 546 lakh tonnes, lignite 34 lakh tonnes, natural gas (utilized) 2704 million cu. m., petroleum (crude) 31 lakh tonnes, bauxite 1203 thousand tonnes, chromite 160 thousand tonnes, copper conc. 9 thousand tonnes, gold 132 kg., iron ore 86 lakh tonnes, lead conc. 17 thousand tonnes, manganese ore 174 thousand tonnes, zinc conc. 135 thousand tonnes, apatite & phosphorite 86 thousand tonnes, dolomite 524 thousand tonnes, limestone 224 lakh tonnes, magnesite 26 thousand tonnes and diamond 2836 carat.

The production of important minerals showing positive growth during November 2014 over November 2013 include ‘magnesite’ (67.5%), ‘gold’ (53.5%), ‘diamond’ (30.1%), ‘zinc conc.’ (16.5%), ‘lignite’ (16.4%), ‘coal’ (15.6%), ‘lead conc.’ (13.9%), ‘petroleum (crude)’ (0.2%) and ‘limestone’ (0.1%). The production of other important minerals showing negative growth are: ‘dolomite’ [(-) 2.1%], ‘natural gas (utilized)’ [(-)3.7%], ‘copper conc.’ [(-) 13.7%], ‘manganese ore’ [(-) 20.6%], ‘bauxite’ [(-) 21.0%], ‘iron ore’ [(-) 30.9%], ‘chromite’ [(-) 34.2%] and ‘apatite & phosphorite’ [(-) 35.3%].
Source: Commodity Online