The Indian Bureau of Mines (IBM) in its latest provisional figures has showed that the index of mineral production of mining and quarrying sector for the month of October, 2021 (Base: 2011-12=100) at 109.7, was 20.4% higher as compared to the level during the same month last year. The cumulative growth for the period April- October, 2020-21 over the corresponding period of previous year has increased 11.4 per cent.
Production level of important minerals in October, 2021 were Coal 639 lakh tonnes, Lignite 37 lakh tonnes, Natural gas (utilized) 2954 million cu. m., Petroleum (crude) 25 lakh tonnes, Bauxite 1792 thousand tonnes, Chromite 130 thousand tonnes, Copper conc. 11 thousand tonnes , Gold 109 kg, Iron ore 190 lakh tonnes, Lead conc. 33 thousand tonnes, Manganese ore 202 thousand tonnes, Zinc conc. 137 thousand tonnes, Limestone 319 lakh tonnes, Phosphorite 127 thousand tonnes, Magnesite 10 thousand tonnes and Diamond 24 carat.
The production of important minerals showing positive growth during October, 2021 over October, 2020 include Gold (55.7%), Lignite (49.7%), Magnesite (33.1%), Chromite (30%), Natural Gas (U) (25.8%) and Coal (14.5%). The production of other important minerals showing negative growth are Diamond (-98.8%), Phosphorite (-25.5%), Petroleum (Crude) (-2.2%).
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: