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 …
At the last review meeting held here on the ultra-mega steel plant, it was decided that both NMDC and OMC would have 50% equity each Steel PSU Rashtriya Ispat Nigam Ltd (RINL) has evinced interest to pick up equity in the ultra-mega steel project in Odisha originally proposed to be …
Following a huge blow from the Supreme Court, and a series of serious technical glitches, the government has quietly asked Coal India to cancel the auction of three coal blocks that were put under the hammer although some 44 parties had evinced interest in them and two had finally bid. …
JSW Steel, Kalyani Steel and others waiting for auction of mines The Karnataka government will seek extension of the deadline for auctioning of C-category iron ore mines. Earlier, in February this year, the Supreme Court had set the deadline of six months (before August 24) for the state government to …
Contamination of water by NMDC iron ore mine’s refuse has affected livelihoods Budhram, a farmer of Kadampal village in Chhattisgarh’s Dantewada district, owns five acres of agricultural land and has been monocropping paddy for the past three years. But falling yields have given him cause to worry about the future …
BHUBANESWAR: The steel ministry's move to rekindle its idea of ultra mega steel plants through the most profitable company under its charge could thwart Anglo-Australian firm Rio Tinto's nearly two-decade old plans to develop a large iron ore mine in India. The ministry has suggested that National Mineral Development Corporation …
The Associated Chambers of Commerce and Industry of India (Assocham) has sought a temporary ban on export of iron ore by the National Mineral Development Corporation (NMDC), saying that the Supreme Court’s interim stay on mining in Odisha would deepen the crisis and lead to more steel imports. The apex …
If a Goa-like ban is imposed by the Supreme Court in another major iron-ore-producing state, Odisha, production of the key raw material would be severely hit, making it difficult for domestic steel makers to cope with the situation. The country could once again stare at a situation of having to …
Karnataka proposes to auction 15 of its Category-C mines to end-users In what could be a first for the country’s iron ore sector, the Karnataka government is readying an action plan to auction iron ore mines to end-users. To begin with, it has proposed to put 15 of its 51 …
SC may have lifted the ban on mining in the state but it will be a while before exports resume in right earnest A lot was riding on Goa's iron ore mines till the Supreme Court clamped down on them in September 2012. As much as 40 million tonnes of …
The current global price of Iron Ore at around $120/t cfr China is in tandem with the falling trend of this critical input and is projected to go down further by another $10-15/t in the coming weeks, depending on how the Chinese deal with the huge inventories lying at ports …
At a time when the country is facing several hindrances in mining activities, NMDC, the largest state-run iron ore miner, has recorded the highest level of production of 30.18 million tonne for FY14. The company reported a 11% jump in production this year. The despatches or actual sales of ore …
The judges asked the counsel for the industries to work out the mining quota within themselves and the government within the ceiling The iron and steel industry in Karnataka did not get the existing cap on mining output raised at Monday's hearing in the Supreme Court. The Bench, chaired by …
‘The pursuit of super profits has drained the miners of feeling for fellow human beings’ It is one of the most scathing reports from the stable of Justice M.B. Shah Commission on illegal iron and manganese ore mining. It holds businessmen, the Odisha government and the Union government, responsible for …
SC panel declines to endorse steel industry appeal for raising output cap on existing mines; says state govt should hasten lease approvals The ore-starved steel industry in Karnataka is unlikely to see higher supply in the near future. The Central Empowered Committee (CEC) of the Supreme Court (SC) has not …
EAC also deliberated on the public hearing issues and commitments, and budgetary allocation made by the project authorities there under A high-level panel has recommended environment clearance to National Mineral Development Corp's (NMDC) underground coal mining projects in Madhya Pradesh but with riders. The Expert Appraisal Committee (EAC) after deliberation …
Canada and Australia top the list of countries which spend on mineral exploration with 19% and 12% respectively of global share Despite being a mineral-rich country, India’s share in the global exploration budget has been less than 0.5 per cent, which might explain why the country’s proven reserves are only …
The company's mining lease is spread over 162 hectares with an approval to mine up to 2.3 mn tonnes, about 38.3% of original capacity, after the CEC approved the company's reclamation and rehabilitation plan Sesa Sterlite, the largest private largest mining company in Karnataka, is a step away from restarting …
The court had appointed CEC to investigate and monitor mining in Karnataka and several mineral-rich states The Karnataka government on Monday approached the Supreme Court seeking permission to allow mining in the state to ‘a limited extent and period’ to meet the current shortfall in iron ore. The government stated …
The court had appointed CEC to investigate and monitor mining in Karnataka and several mineral-rich states The Karnataka government today moved the Supreme Court seeking permission to allow mining in the state to a limited extent and period to meet the current shortfall in iron ore. It stated before the …
Experts Feel That Govt Needs A Policy Framework To Curb Rampant Illegal Sand Mining & Chart Regulated Mining Process The row over mineral sand mining between the public, private sector industries and the environmental groups illustrates the lack of a proper state-level policy on sand mining and experts say that …
