The markets ended lower for the fourth straight week as global worries resurfaced. The Sensex recorded a high of 16390 early in the week, and thereafter dropped to a low of 15810.

Despite stellar margins and an economy with scope for consuming a lot more metals, there are a few dark clouds on the horizon for metal and mining companies.

PTI The BSE benchmark Sensex continued its downslide for the fourth week in a row, shedding another 140 points to finish at 16152.75 due to persistent selling pressure in view of various negative external as well as internal factors.

Coal India Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on May 18, 2012 have recommended final divided @ Rs.

By Elisabeth Behrmann on May 18, 2012 Queensland's state government, inheriting a planned $9 billion ($8.9 billion) coal port expansion from the previous administration, cut the scope of the project, saying it's too costly and exceeds demand.