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NMDC’s arm inaugurates gold mine operations in Australia

06 Nov 2023 Evaluate

NMDC’s subsidiary -- Legacy Iron Ore has inaugurated Mount Celia Gold Operation in Australia. It becomes first gold mine in the company's portfolio. This initiative, undertaken by Legacy Iron Ore, a subsidiary of the State-owned Steel CPSE, has been met with great anticipation and stands as a testament to the relentless dedication and commitment of NMDC in diversifying its mineral assets.

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.


Peers
Company Name CMP
Coal India 425.00
NMDC 73.80
Ashapura Minechem 493.70
Sandur Manganese 177.05
GMDC 487.05
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