Hyderabad: State-owned miner National Mineral Development Corporation (NMDC) may foray into rare earth minerals and beach sand mining, among others, according to official sources. Going forward, we will focus on earth minerals, gold, and beach sand mining. In beach sand mining, there are seven minerals called heavy minerals,” people familiar with the matter said. The state-run miner does not undertake gold mining in India. We have no intention of putting up money for the steel plant,” the official said.

Source: Mint August 02, 2016 15:33 UTC