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Home Companies List

List of Mining Companies in India

Raveendran R by Raveendran R
February 6, 2022
in Companies List
Reading Time: 6 mins read
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Here we can see about the list of Mining companies in India before that take a short look Mining Industry in India. Mining Industry plays an important role in the Indian industry, which contributes about 2% of the GDP.

Currently, the Indian mining industry provides job opportunities to around 700,000 Peoples.

List of Mining Companies in India

So here is the list of Mining Companies in India with company code and ISIN NO. The list of companies was arranged in the Alphabetical Order.

S NOCompany NamesSecurity CodeSecurity IdFace ValueISIN No
120 MICRONS LTD.53302220MICRONS5INE144J01027
2ASHAPURA MINECHEM LTD.527001ASHAPURMIN2INE348A01023
3ASI Industries Ltd502015ASIIL1INE443A01030
4DECCAN GOLD MINES LTD.512068DECNGOLD1INE945F01025
5KACHCHH MINERALS LTD.531778KACHCHH10INE059E01010
6MOIL LTD.533286MOIL10INE490G01020
7NMDC LTD.526371NMDC1INE584A01023
8ORISSA MINERALS DEVELOPMENT COMPANY LTD.590086ORISSAMINE1INE725E01024
9Presha Metallurgical Ltd.513613PRESHAMET10INE908L01013
10RESURGERE MINES & MINERALS INDIA LTD.533017RMMIL10INE774I01031
11SANDUR MANGANESE & IRON ORES LTD.504918SANDUMA10INE149K01016
12SOUTHERN MAGNESIUM & CHEMICALS LTD.513498SOUTHMG10INE308N01012
13SVC Resources Limited512449SVCRES10INE254H01044
14YANTRA NATURAL RESOURCES LTD.531693YANTRA1INE903B01023
Mining Companies in India

Gold Mining Companies in India

India contains only three producing gold mines: Hutti, Uti and Hirabuddini. However, at one time, India was a much bigger gold producer, having mined at Kolar gold fields since the time of the Indus Valley civilization.

HGML – The only Gold Mining Companies in India

Hutti Gold Mines Company Limited (HGML), Government of Karnataka Undertaking (Established in 1947 as Hyderabad Gold Mines), has the unique distinction of being the only producer of primary gold in the country.

HGML has been active in the exploration, development and exploitation of gold deposits occurring in Karnataka. The Company’s Corporate Office is situated in Bangalore and it operates two units-The Hutti Gold unit (HGU) ,in Raichur district and the Chitradurga Gold Unit (CGU) in Chitradurga district with an operating mine at Ajjanahalli (Tumkur District).

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HGU is a fully integrated unit with a capacity to produce 5,50,000 tonnes per annum. The HGML currently processes ore from Hutti Gold Mine and two satellite mines at Uti (opencast) and Hira-Buddinni (Exploratory underground mine). HGML – The only Gold Mining Companies in India

Major expansion including the extended capacity of the metallurgical plan in phased manner, is also under consideration .However,CGU’s operations for gold mining and processing ore temporarily suspended and the company has diversified into wind form project and as established 11.2MW in its leased premises.

Deccan Gold Mines Ltd. (DGML) – Only Gold Mining Companies in India listed in Stock Exchange

Deccan Gold Mines Ltd. (DGML), is the first and the only gold exploration company listed on the Bombay Stock Exchange Limited (BSE) which was established in the year 2003 by promoters with deep roots in the exploration and mining sector.

DGML has been involved in gold exploration activities in the states of Karnataka and Andhra Pradesh where the activities have resulted in defining a number of gold prospects spread across these states. 

The ultimate objective of DGML is to advance these gold prospects into commercial gold production. DGML has so far explored an area of around 6,574 sq. kms. in Dharwar Shimoga Greenstone belt, Hutti-Maski Greenstone Belt, Mangalur Schist Belt in the State of Karnataka.

Multi-parametric exploration techniques such as remote sensing studies, regional and detailed geological mapping, regional and detailed geochemical and geophysical exploration, topographic survey, various methods of drilling and multi-element chemical analysis were adopted in undertaking the exploration work, as per international standards.

India is a country rich in mineral resources. A major portion of the country is composed of Precambrian rocks which have hosted major gold discoveries worldwide. There were over a hundred gold mining centres in the early part of last century.

Despite having some of the best potential ground for gold mineralization, India’s annual primary gold mine output has reduced significantly to below 5 tonnes.

The land of the world famous Kolar Gold Fields and the largest consumer of gold on earth, India has suffered in developing its gold mining potential due to lack of adequate exploration expenditure, the nationalistic policies of the previous governments and a non-investor friendly mineral policy.

The new India, with a strong economic growth outlook, is looking to revive the mineral exploration and mining sector through foreign and Indian private investment and the planned introduction of liberalised internationally compatible mining policies.

DGML with some of the best gold prospects in the country, geologically similar to areas that have been home to major world gold discoveries, is playing a leading role in this revival.

Largest Iron Ore Mining Company in India

NMDC, incorporated in 1958, is the largest iron ore mining company in India. With iron-ore production of around 32.36 million tonnes in FY 2018-19, it has a
market share of about 22% domestically (excluding captive iron ore production).

  • Turnover: Rs 12,155 Cr
  • Market Cap:  22,168 Cr.
  • ROE: 18.23 %
  • Sales Growth (3Yrs): 23.47 %
  • Promoter holding: 69.65 %
  • Debt to equity: 0.00
  • Price to book value: 0.79

The Company is one of the top profit-making ‘Navratna’ public sector companies in the country. The average grade of iron ore of NMDC sold in the market is ~64% Fe, which is one of the best globally.

Largest Coal Mining Company in India

Coal India Limited (CIL) is a ‘Maharatna’ company under the Ministry of Coal, Government of India with headquarters at Kolkata, West Bengal. CIL is the single largest coal producing company in the world and one of the largest corporate employers with manpower of 2,77,357 peaple.

  • Turnover: Rs 97,058 Cr
  • Market Cap:  79,160 Cr.
  • ROE: 74.90 %
  • Sales Growth (3Yrs): -1.79 %
  • Promoter holding: 66.13 %
  • Debt to equity: 0.05
  • Price to book value: 2.32

CIL operates through 83 mining areas spread over 8 provincial states of India.
Coal India Limited has 364 mines of which 166 are underground, 180 opencast and 18 mixed mines.

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Raveendran R

Raveendran R

Editor @ Indiancompaies.in

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Comments 1

  1. Mandapati Venu says:
    3 years ago

    Ample information. Old system of granting Mining Leases for Iron Ore is needed for the growth in Indian Economy.

    Seasons Greetings to Mining Community.

    Reply

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