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Gold boom sparks scramble for mines

Mint Kolkata

|

January 28, 2026

For years, hundreds of illegal miners known locally as zama zamas prospected for gold on this patch of land on the outskirts of the city with hammers and chisels in hand-dug tunnels.

- Alexandra Wexler

Gold boom sparks scramble for mines

Record prices are breathing new life into South Africa's ailing gold-mining industry

(REUTERS)

Now, the site has been transformed into South Africa’s first new underground gold mine in more than 15 years, part of a global rush to boost production of a metal trading at record prices.

Mint Kolkata'den DAHA FAZLA HİKAYE

Mint Kolkata

Mint Kolkata

IIMS scamper for LPG, cut food menu as shortage bites

Centre, with the ministry of education reaching out to IIMs to assess their LPG stock positions.

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1 mins

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Mint Kolkata

IIMS scamper for LPG, trim food menu as shortage bites

The ripple effects of a disruption in cooking gas supply due to the West Asia conflict have begun to show up in India’s top management institutes, which house thousands of students and staff.

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Mint Kolkata

Why is Eternal under pressure?

Eternal Ltd’s stock fell for 18 straight sessions till Friday, losing nearly a quarter of its value to ₹216.

time to read

2 mins

March 19, 2026

Mint Kolkata

Mint Kolkata

Lenders turn cautious on solar module firms amid overcapacity

Gies like electric vehicles and now with solar modules, a large number of firms enter a new sector to capture the initial euphoria.

time to read

1 mins

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Mint Kolkata

Banks squeeze credit to solar module firms

Lenders worry overcapacity may spur bad loans, cut loan-to-cost ratios

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2 mins

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Mint Kolkata

Rupee ends at new low of 92.89 to US dollar

The rupee slumped 49 paise to close at a record low of 92.89 against the US dollar on Wednesday, weighed down by a stronger greenback and sustained foreign institutional investor (FII) outflows.

time to read

2 mins

March 19, 2026

Mint Kolkata

Mint Kolkata

PE giant KKR eyes $310 million bet on PMI Electro

Global private equity firm KKR plans to invest $310 million in PMI Electro to expand its electric bus platform Allfleet and strengthen the company's manufacturing capabilities, the firms said on Wednesday.

time to read

1 mins

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Mint Kolkata

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India joins push to cut remittance costs ahead of WTO ministerial meet

India has joined a group of developing economies in pushing for a global framework to reduce the cost of cross-border remittances, positioning the issue as a key development priority ahead of the 14th Ministerial Conference of the World Trade Organization scheduled in Yaoundé, the capital of Cameroon, later this month.

time to read

2 mins

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Mint Kolkata

Jio appoints 17 banks for IPO, to use OFS route

Indian billionaire Mukesh Ambani's Reliance Jio Platforms has hired 17 banks to manage its Mumbai stock listing, which will see the company raise no new funds and allow exits for some shareholders, four sources familiar with the matter said.

time to read

1 min

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Mint Kolkata

Mint Kolkata

Plea to raise ethanol blend in fuel as West Asia war rages

Ethanol makers want the government to utilize massive surplus, guard energy security

time to read

3 mins

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