Fimi had earlier said non-extension will disrupt raw material supplies to steel, other industries. Nearly 70% of steel plants don't have captive iron ore resources and have to rely on merchant miners
Ore consumers say price cut not enough; Pellet capacities are making losses With Karnataka iron ore mining companies unable to clear their stocks, the Federation of Indian Mineral Industries (Fimi)
Output reached 210 mt, mostly on increased production in Odisha and Karnataka. This is 9% higher than 192 mt in 2016-17 Iron ore production in India in 2017-18 crossed 200 million tonnes after seven
The Supreme Court today rejected a plea of an industrial body to do away with the need for depositing 10 per cent of the sale proceeds of minerals in Karnataka with the District Mineral Foundation (DMF).
The apex court has lifted the five-year-old ceiling from 30 million tonnes to 35 million tonnes for the A and B category mines Last month, Supreme Court has enhanced the cap, limit to iron ore mines
The Supreme Court on Tuesday directed the Karnataka government to place on record before it an alternative mechanism for e-auction of iron ore extracted from Ballari, Tumakuru and Chitradurga mines.
Raipur: Ministry of mines is organizing a two-day national conclave on mines and minerals jointly with Chhattisgarh government in state capital from Monday. This event, the first of its kind in country,
The Supreme Court would decide on the validity of the government’s retrospective levy of additional royalties on miners to fund local development under the Pradhan Mantri Khanij Kshetra Kalyan Yojana,
Mines’ e-auction: States told to find out reasons for poor responseThe much-hyped e-auction of non-coal minerals has not yielded the desired response. While mines in the eastern states have received only
The government is unlikely to entertain the mineral sector’s plea to cut export duty on high-grade iron ore to nil from 30% now in the Budget, as it feels that the important steel-making raw material should
