Mineral-Based Industry

Order of the National Green Tribunal regarding an illegal cracker unit in Thanjavur district, Tamil Nadu, 29/05/2025

Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …

NMDC plans to set up two steel plants

The outlay on these projects is estimated at Rs.17,000 cr BANGALORE: NMDC will follow the Karnataka Government's policy on horizontal integration of iron ore mining by setting up a steel mill close to the mines leased by it at Donimalai in Bellary District, Joint General Manager C. Hanumantha Rao said …

Mining companies rise ahead of follow-on offer

Palak Shah / Mumbai March 5, 2010, 0:25 IST The share prices of top mining companies like Sesa Goa and Gujarat Mineral Development Corporation gained between 2 and 7 per cent in Thursday

Vedanta raises Rs 4,000 crore via bonds issue

Abhineet Kumar / Mumbai March 03, 2010, 0:31 IST Vedanta Resources, the London-listed holding company for India's largest copper producer, Sterlite Industries, raised $883 million (Rs 4,000 crore) through issue of convertible bonds in Europe. This was the largest issue of convertible bonds in Europe till date in this calendar …

Mines Min to talk to Cabinet on share sale

The mines ministry on Sunday said it in all probability would approach the Cabi- net next week seeking app- roval for the proposed 20 per cent share sale of state- run copper producer HCL. "I am trying to push for it (the Cabinet note for 20 per cent divestment in …

U.K. investor pulls out of Vedanta

Priscilla Jebaraj NEW DELHI: In a blow to mining firm Vedanta, a fourth European investor has sold its multi-million pound stake in the company, citing

British charity criticises Vedanta, offloads stake

LONDON In a major setback to mining giant Vedanta Resources, a British charity on Thursday has announced that it had sold all its stake in the firm. The sell off was due to concerns over human rights and environmental issues. The Joseph Rowntree Charitable Trust, which is based in York, …

NMDC in talks with Arcelor for Karnataka steel plant

Ishita Ayan Dutt / Kolkata February 18, 2010, 0:38 IST State-run mining major NMDC is in talks with ArcelorMittal for its proposed 10-million tonne steel plant in Karnataka. NMDC sources claimed there had been preliminary discussions with the steel major for the proposed plant.

We'll be a diversified mining firm

Rana Som, chairman and managing director, NMDC ` While firming up of steel price will depend on the pace of economic recovery, the ` Centre's target is produce 110 MTPA steel by '20 ` We intend to expand our exploration activities to acquire more mining leases in India and ` …

Posco won't shift to Bengal: Orissa

AKSHAYA KUMAR SAHOO The Orissa government on Thursday dismissed the speculation that South Korean steel major Posco was planning to shift its proposed 12-milliontonne steel project to Kulti in West Bengal. "I am confident that they (Posco) are not shifting their Orissa project anywhere. We have talked to them and …

India ready to suspend mining contracts for talks with Maoists

London: Home minister P Chidambaram has said the government is willing to suspend contracts with mining firms as part of efforts to persuade Maoists to give up arms and come to the negotiating table.

Amnesty raps Vedanta over treatment of tribals

Human rights watchdog Amnesty International on Tuesday alleged that the government and Vedanta had failed to protect Orissa's indigenous communities from health hazards of mining. However, the mining major hit back saying these claims were based on "outdated document". In a report released on Tuesday, Amnesty alleged that the 8,000-strong …

Amnesty flays Vedanta for violating people's right

Amnesty International has lambasted Vedanta Resources, the London-based mining company, for violating the human rights of local communities, including their right to water, food, health and work by operating a heavily polluting alumina refinery in Lanjigarh, Orissa. In a report released today, Amnesty came down heavily on the Indian authorities, …

Church of England sells stake in Vedanta

S Kalyana Ramanathan / London February 6, 2010, 0:49 IST Withdraws investment over Orissa project. Metals and mining major and Anil Agarwal-controlled Vedanta Resouces today received a moral blow to its proposed mining project in Orissa after the Church of England withdrew its investments in the company, citing ethical reasons …

GVK power buy hits coal mine hurdle

Katya Naidu / Mumbai February 01, 2010, 0:04 IST Four-month-long negotiations between GVK Infrastructure and Dainik Bhaskar Power (DB Power) to buy the latter

Tata Steel, Jindal projects gather steam in Orissa

Dilip Bisoi Bhubaneswar: Big ticket steel projects of Posco-India and ArcelorMittal may be lagging behind, but mega projects of Tata Steel, Bhusan Steel and Jindal Steel & Power are progressing satisfactorily, said a review meeting of the state steel & mines department.

More unrest at Posco site

AKSHAYA KUMAR SAHOO BHUBANESWAR A day after chief minister Naveen Patnaik promised "all support" to South Korean President Lee Myung-bak in New Delhi to facilitate the 12-milliontonne Posco steel plant near Paradip, anti-displacement activists on Wednesday said they will not allow the company to acquire "even an inch of land" …

UMPPs can use allotted coal for other projects

Sanjay Jog / Mumbai January 28, 2010, 0:20 IST Extra coal from blocks allotted for an ultra mega power project (UMPP) may also be used by the developer for other projects. The empowered group of ministers (EGoM) on the subject, headed by Finance Minister Pranab Mukherjee, had approved such incremental …

SC reserves verdict on Tangarpada chromite mines tender issue

Indu Bhan New Delhi: The Supreme Court on Wednesday reserved its verdict on whether the Orissa government

Efforts to get POSCO project off the ground

NEW DELHI: The Centre is keen on getting South Korean steel major POSCO

Nalco to set up mines and refinery in A.P., Orissa

NEW DELHI: State-run National Aluminium Company Limited (Nalco) on Wednesday announced its plans to set up mines and refinery project in the Andhra Pradesh and a second aluminium smelter in Orissa. According to an official statement issued here by the Ministry of Mines, Nalco plans to spend $1.2 billion in …

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