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Mineral Production rises by 3.7% During November 2013 on m-o-m basis

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Capital Market
Last Updated : Jan 21 2014 | 11:59 PM IST
The index of mineral production of mining and quarrying sector in November 2013 was higher by 3.7% compared to that of the preceding month. The mineral sector has shown a positive growth of 1.0% during November 2013 as compared to that of the corresponding month of previous year.

The total value of mineral production (excluding atomic & minor minerals) in the country during November 2013 was Rs. 17163 crore. The contribution of coal was the highest at Rs. 5798 crore (34%). Next in the order of importance were: petroleum (crude) Rs. 5728 crore, iron ore Rs. 2276 crore, natural gas (utilized) Rs. 1797 crore, limestone Rs. 364 crore and lignite Rs. 365 crore. These six minerals together contributed about 95% of the total value of mineral production in November 2013.

Production level of important minerals in November 2013 were: coal 473 lakh tonnes, lignite 29 lakh tonnes, natural gas (utilized) 2807 million cu. m., petroleum (crude) 31 lakh tonnes, bauxite 1439 thousand tonnes, chromite 243 thousand tonnes, copper conc. 12 thousand tonnes, gold 86 kg., iron ore 115 lakh tonnes, lead conc. 15 thousand tonnes, manganese ore 204 thousand tonnes, zinc conc. 116 thousand tonnes, apatite & phosphorite 121 thousand tonnes, dolomite 470 thousand tonnes, limestone 213 lakh tonnes, magnesite 14 thousand tonnes and diamond 2180 carat.

In November 2013 the output of chromite increased by 57.0%, bauxite 18.3%, manganese ore 15.1%, coal 11.1%, iron ore 9.8% and copper conc. 1.8 percent. However the production of lignite decreased by 0.1%, petroleum (crude) 1.3%, natural gas (utilized) 2.2%, lead conc. 5.9%, limestone 6.2%, dolomite 10.8%, magnesite 11.6%, zinc conc. 15.4%, diamond 22.1%, apatite & phosphorite 24.3% and gold 24.6 percent.

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First Published: Jan 21 2014 | 2:24 PM IST

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