Mineral - Based Industry

Order of the National Green Tribunal regarding the deplorable condition of a water tank, Golconda Fort, Hyderabad, Telangana, 05/06/2025

Order of the National Green Tribunal in the matter of In Re: News Item Titled "Neglected Katora Houz in Hyderabad’s Golconda Fort Cries for attention appearing in ‘The Siasat Daily’ dated 25 May 2025". The application was registered suo-motu based on the news item titled “Neglected Katora Houz in Hyderabad’s …

Mines and Geology Department inspects plots used as ore dumps

PANJIM: State Mines and Geology department Tuesday began an inspection of various plots in the state which are being used to dump iron ore. The officials swung into action after it was revealed that only 15 plots are registered with them while several hundred plots are increasingly used to stack …

All Goa Mining Dependent Peoples' demand legal mining to continue

PANJIM: Fearing a total shut down of mining industry, people dependent on mining have blamed Goa government for not curbing illegal mining, when it was just taking root in the state. At the same time, demanding protection of legal mining ‘All Goa Mining Dependent Peoples’ have said that state should …

Goa orders suspension of work in two mines

The Goa Mines and Geology Department has ordered the suspension of two iron ore and bauxite mines which found mention for alleged illegality in the controversial Public Accounts Committee (PAC) draft report. The mines were being managed by Congress leader Dinar Tarcar. The committee report could not be presented in …

Shah Commission coming back next week to probe into finances of mining industry related individuals and companies

PANJIM: After Public Accounts Committee (PAC) fiasco on tabling of report pertaining to illegal mining scam in the state, it’s time for Shah Commission to continue its investigation. A team of Shah Commission comprising member Dr U V Singh will be arriving in Goa next week. Officials said that the …

GMOEA against export ban saying the move will not help solve the illegal mining issue

PANJIM: Goa Mineral Ore Exporters Association (GMOEA) has said that the control on the exports of iron ore from the state is not a solution for the problems prevailing in the state. In fact, they added, that control would result in the collapse of state’s economy. Talking to Herald on …

Illegal mining may lead to closure of legal mines: Goa PAC

Goa Assembly’s Public Accounts Committee (PAC) is understood to have expressed fears that if illegal mining in the state is not curbed, even the legal mines here will face closure, highly-placed sources said. The PAC report, which will be tabled in the House during the Assembly session that begins from …

Karnataka to allow 4-mt iron ore e-auction this month

Ore-starved iron and steel manufacturers in Karnataka are set to get a much-needed relief this week, with the state government allowing the release of a higher quantity of iron ore from the existing stockpile through electronic auction. The Supreme Court-appointed monitoring committee, which is supervising the electronic auction of iron …

Goa set to have 1,000 odd mining leases very soon!

PANJIM: State Mines and Geology department has almost 623 prospecting licences pending for the approval, besides the existing 595 deemed leases which are being processed, a government document revealed. A document placed before State Mines Ministry indicates that the massive 1,000 odd mining leases are all set to tap the …

Coal India set to invest Rs 40k cr in 12th Plan

Coal mineState-run Coal India today said it might invest up to Rs 40,000 crore in the 12th Plan period ending 2017 towards development of mines for augmenting production. “We will spend between Rs 35,000 and Rs 40,000 crore in the 12th Plan period for development of new projects, buying machinery …

Share in profits for tribal areas in new mining Bill

Cabinet approves landmark legislation The Union Cabinet on Friday approved the landmark Mines and Mineral Development and Regulation (MMDR) Bill, 2011 that provides for mining companies to keep aside 26 per cent of their net profits for a Mineral Development Fund to be used for the development and rehabilitation of …

Industry chambers, mining bodies oppose new Bill

Industry chambers led by Confederation of Indian Industry (CII) and FICCI on Friday sought a review of the Mines and Minerals (Development and Regulation) Bill, 2011 approved by the Union Cabinet stating that the industry was concerned on royalty, profit sharing and the methodology of providing assistance to project-affected persons. …

Mining companies to take a hit of Rs 15,000 cr

Mining companies have warned of a price spiral in commodities once the new mining law provisions are in place. The industry sees the government decision of mandatory profit and royalty sharing impacting it by an estimated Rs 15,000 crore every year. This would include a Rs 12,200-crore hit on non-coal …

Cabinet clears mining Bill calling for sharing of profit

New Delhi Miners’ riches will soon have to be shared with the people affected by their activity. The Cabinet on Friday gave its approval to a Bill which proposes to make it mandatory for mining companies to compensate the local population impacted by mining operations. The Bill will be introduced …

Coal miners to share 26% profits with local people

Other miners to share royalty, as cabinet clears draft mining Bill; industry frets. In a landmark decision that will impact the entire mining and mineral-based industry in the country, the government on Friday announced an overhaul of the law governing the sector. The new framework will introduce a benefit-sharing regime …

Karnataka Chief Conservator of Forest finds Goan mines within its wildlife sanctuaries buffer zones

PANJIM: In a major development, Karnataka Chief Conservator of Forest (KCCF) has directed his Goa counterpart to revoke clearance licences of 19 mines, which are within 10kms radius of wildlife sanctuaries. KCCF has already forwarded the list of 19 mines to state forest department directing it to review the cases …

Cabinet set to clear mining Bill

New Delhi The Union Cabinet is set to clear a slew of important legislation and amendments on Friday. On the agenda is the Mines and Minerals Development and Regulatory (MMDR) Bill, 2010, amendment to the Civil Liability for Nuclear Damage Act, 2010, amendment to the Press and Registration of Books …

More Karnataka e-auctions to help ore-starved steel cos

Bangalore Steel mills, including JSW Steel’s 10-million tonne per annum (mtpa) plant in Bellary, that depend on iron ore from Karnataka are expected to get more raw material in the coming days. With the Supreme Court-constituted monitoring committee deciding to e-auction iron ore frequently, steel output is also expected to …

India Cabinet Approves New Mining Bill

The Indian cabinet Friday approved the draft of a law that seeks to attract investments in mining by simplifying rules and smoothening land acquisitions through higher compensation to people displaced, but industry executives said some of the proposals were negative. Inadequate compensation and the fear of loss of livelihood have …

MoEF cancels mining nod to Goa firm

The ministry of environment & forests (MoEF) have cancelled the environmental clearance (EC) to the Vedanta-owned Sesa Goa Ltd for an iron ore mine located in Pirna in North Goa on grounds of suppression of vital information. The move was based on the findings of the National Green Tribunal which …

Commercial coal mining set to make covert entry

New Delhi Stumped by political opposition to letting private companies into commercial coal mining, the government has found a way to achieve almost the same without having to face Parliament. It is planning to allot captive coal blocks to private miners like BHP Billiton, Rio Tinto and Sesa Goa on …

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