National Mineral Development Corporation (NMDC)

State of the Climate in Asia 2024

The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …

NMDC to resume operations at the Donimalai iron ore mine after 9 months

The mine was closed by NMDC for the past nine months, after a state government order to impose an 80 per cent premium levy of the average sale price from there India had produced more than 200 mt of iron ore in 2010-11 The high court of Karnataka has cleared …

Report of the Comptroller and Auditor General of India on Operational Performance of NMDC Limited

NMDC Limited (Company) is a Central Public Sector Enterprise under the Ministry of Steel mainly carrying on iron ore mining in the States of Chhattisgarh and Karnataka. The Performance Audit on Operational Performance of NMDC Limited was conducted covering the period from 2012-13 to 2016-17. The production performance, sales, capacity …

Six days on, operations resume at iron ore mines in Chhattisgarh’s Bailadila

Operations resumed at five iron ore mines at the Bailadila Range of Dantewada district on Thursday, after remaining suspended for six days as adivasis picketed entry gates against proposed mining on a hill they consider sacred. Joint venture The 10-million-tonne-per-annum (MTPA) deposit-13 on the hill, abode of tribal Goddess Pithor …

Iron ore production in India crosses 200 million tonnes after 7 years

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 years. Output reached 210 million tonnes, mostly on increased production in Odisha and Karnataka. This is …

NMDC creating new culture of resource conservation'

NMDC has been trying to create a new culture in conservation of natural resources and their officers are more sensitized towards mineral conservation, said R K Singh, IFS, Principal Chief Conservator of Forests, Chhattisgarh on Wednesday. "We are thankful to NMDC for contributing in the growth of Chhattisgarh" he said …

NIT-Raipur, NMDC ink MoU for pollution control

A Memorandum of Understanding (MoU) has been signed between NIT Raipur and NMDC Ltd to eliminate contaminants from surface and ground water of Bailadila Iron Ore Mine Project and peripherals in Bastar region here on Tuesday, officials informed. Dr Subhashish Sanyal Dean Research and Consultancy from NIT Raipur and Ranjan …

Industries using iron ore want NMDC to roll back raw material price hike

The demand comes in the wake of a fear of further price hike in iron ore by NMDC for February after sharp hike in January Industries using iron ore like steel mills, sponge iron manufacturers have urged the government-owned miner NMDC Ltd to roll back the raw material price hike …

Centre wants Odisha iron ore output ramped up 20% to match green limits

Closure of seven working mines in state has triggered sharp price hikes by both, lessees and NMDC The Union mines ministry has exhorted Odisha's iron ore mine leaseholders to expand production to match the approved limits under environmental clearance (EC). The closure of seven working mines in Odisha has triggered …

Green concerns cloud govt's divestment drive

Some overseas investors refuse to be part of roadshows, citing environment risks The central government, which is struggling to meet the disinvestment target, has to surmount one more challenge. According to sources, several big-ticket foreign funds are refusing to participate in the disinvestment drive in mining and related companies, citing …

Mines Min to Seek Bids for Exploration of 20 Blocks

If the reserves are found economically viable, then the blocks will be auctioned to private cos The mines ministry will invite foreign and domestic miners to bid for mineral exploration in 20 prospective blocks. The ministry will select one or two exploration agencies through the tendering process, a government official …

SC allows NMDC to continue dual pricing of iron ore in Karnataka

The Supreme Court on Thursday allowed public sector company National Mineral Development Corporation (NMDC) to continue with the differential pricing mechanism for the iron ore sold through e-auction in Karnataka. A three-judge bench presided over by Justice Ranjan Gogoi rejected the contention of the Central Empowered Committee (CEC) that since …

Judgement of the Supreme Court of India regarding differential pricing mechanism adopted by NMDC for the iron ore sold in Karnataka, 01/09/2016

Judgement of the Supreme Court of India in the matter of Samaj Parivartana Samudaya & Others Vs State of Karnataka & Others dated 01/09/2016 regarding differential pricing mechanism adopted by NMDC (National Mineral Development Corporation) for the iron ore sold in the e-auction in the State of Karnataka.

NMDC steel plant's captive mine gets 'green nod' from EAC

An environment ministry panel has accorded clearance to a captive iron ore mine project of state-run NMDC in Bastar district of Chhattisgarh. The iron ore mine (Deposit 4) would cater to the requirement of NMDC's upcoming integrated steel plant in Chhattisgarh. According to the minutes of the Expert Appraisal Committee …

Karnataka to e-auction leases for 11 C-category mines in February 2016

Almost 31 months after the Supreme Court direction for re-allotment of ‘C’ category iron ore mining leases to end users, the Karnataka government has set the ball rolling for the auction of 11 such leases. The department of mines and geology, government of Karnataka, has invited bids from end-users for …

Notices to 63 mining firms over forest cess

The Forest department has issued notices 63 mining companies, including the National Mining Development Corporation, over forest development cess dues. It has decided to appeal to the deputy commissioner to help in collecting the cess. The companies have not paid the cess for the period between 2008 and July 2011, …

Coal India now sixth-largest mining company in world: PwC

Moves up from 8th spot among top 40 global mining firms The country’s top dry-fuel miner Coal India Limited (CIL) has become the sixth-largest mining company in the world in terms of market capital, says a recent PwC report. Earlier, the company was at the eighth spot among top 40 …

Central PSU's commit to fund 70 pollution monitoring stations

The National Air Quality Index (NAQI), one of the few major achievements of the environment ministry in NDA's first year, has received a timely financial boost, at a time when questions were raised about how the ministry would sustain the Rs500 crore project. The NAQI, launched by Prime Minister Narendra …

Government ropes in PSUs for air monitoring stations in 12 cities

The Union Environment Ministry has roped in PSUs like NTPC, Coal India and NMDC to fund the setting up of over 60 Ambient Air Quality Monitoring Stations across 12 cities by this year-end. The project, requiring an investment of between Rs 400-500 crore, will see new stations being set up …

SAIL to be equity partner in Odisha mega steel project

If the Centre's latest move falls in place, SAIL is most likely to replace its smaller rival RINL as the equity partner The ultra mega steel project proposed in Odisha has got a fresh twist with the Union ministry of steel proposing maharatna firm Steel Authority of India Ltd (SAIL) …

NMDC receives green panel go ahead for iron ore mine in Chhattisgarh

The environment appraisal committee of the Union environment ministry has given the go ahead to state-run miner NMDC Limited to operationalise 10 million tonne per annum greenfield iron ore mine at Bailadila in Chhattisgarh. The Deposit-13 mine, spread over 413.74 hectares of land, would be jointly developed by NMDC and …

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