CEOs need to accelerate their action plans to safeguard the production of commodities critical to the global population and economy as heat stress and drought risk rise around the world, according to PwC's report, Climate Risks to Nine Key Commodities: Protecting People and Prosperity, published. The report, which analysed nine …
Akshaya Kumar Saho Orissa has more than 1,530 million tonnes of bauxite reserve, according a conservative esti- mate. Major alumi- na and aluminium producers, encour- aged by the 2010 upward swing in the world markets, have decided to increase their vol- ume of production. THE MAMMOTH bauxite reserve of Orissa …
BHUBANESWAR: The long absence of a national policy framework on iron ore has hurt the sector as technology has become the casualty and scientific mining does not virtually exist in India, CMD of NMDC Ltd Rana Som said here on Friday. Barely 15 percent mines are mechanised, fully or partially, …
Shahana Joshi / New Delhi May 06, 2010, 0:48 IST The coal ministry has decided to set up a committee to determine the value of coal by allocating a calorific value to it, a senior official of the ministry has told Business Standard. However, NTPC, the largest power company and …
The Tamil Nadu Government will frame a policy for the sustainable exploitation of mineral resources, announced the Deputy Chief Minister, Mr M.K. Stalin, in the Assembly today. This was part of a number of initiatives in his reply to the debate in the Assembly on the demand for grants to …
In a move aimed at dissuading the mining community from profiteering and virtually regulating the royalty system on iron ore, the Centre is likely to seek the Parliament
Dilip Bisoi Bhubaneswar: The Orissa government on Saturday lifted prohibitory orders on three railway sidings and allowed minerals movement by rail to restart. At least five rakes from the sidings in mineral rich Keonjhar district left for their destination on Sunday. Keonjhar district police chief Ashish Singh told FE that …
A key question that relates to the very broad and intensive use of metals is whether society needs to be concerned about long-term supplies of any or many of them. The continued increase in the use of metals over the twentieth century has led to a substantial shift from geological …
Stung by criticism that he delays projects, Environment Minister Jairam Ramesh has left it to the Prime Minister to decide on the mechanism for approving coal mines. Jairam has attributed the holding up of projects to an attempt by his Ministry
Police in front of the office of the Deputy Director of Mines and Geology at Hospet that was raided on Wednesday. BELLARY: A team of officials from the Lokayukta, headed by U.V. Singh, Chief Conservator of Forests, and Pranav Mohanty, Deputy Inspector-General, on Wednesday raided the office of the Deputy …
Dilip Kumar Jha & Abhineet Kumar / Mumbai April 28, 2010, 0:46 IST The ferrous metal industry is divided over the likely impact of a steep increase in export duty on iron ore proposed by the government. The Federation of Indian Mineral Industries (Fimi) says this will make Indian ore …
Kurali Ropar: Mahindra and Mahindra (M&M;) foundry unit at Majri block in Kurali and DCM Engineering unit in Ropar have been dumping burnt sand waste produced from their casting units in the open for long. The foundry unit at Majri block is spread over a large portion of Sialba Majri …
India would outpace China in GDP growth within 15 years, Anglo-Australian mining giant Rio Tinto has predicted in its annual report released on Tuesday. "As China nears the top of the commodity intensity usage curve, India is expected to follow, supporting a further potential wave of strong commodity demand," Rio …
WE NEED a new paradigm for living on the earth because the old one is clearly not working. An alternative is now a survival imperative for the human species. And the alternative that is needed is not only at the level of tools, it is at the level of our …
LARGER COMPANIES ARE SPENDING MORE ON LOCAL AREA DEVELOPMENT A lot is being written about the controversy surrounding a joint venture bauxite mining project of Sterlite (a Vedanta group company) and the Orissa government. Replace Vedanta with any other mining company, take away bauxite and swap it with coal or …
BHUBANESWAR: The cold war between the Orissa Government and the Railways over the issue of illegal iron ore transshipment has reached a new high with each trying to take potshots at the other. The Railways bosses are peeved with Chief Secretary T K Mishra for repeatedly seeking arrest of Railway …
BHUBANESWAR/JHARSUGUDA: Meeting after the recent reverses of the party in the urban body polls, the State executive of the Congress resolved to take to the streets demanding Central Bureau of Investigation (CBI) probe into the multi-crore mining scam. Vigilance probe ordered by the State Government will not be able to …
The resignation of Union Minister of State for External Affairs Shashi Tharoor has now put the focus strongly on how the Bhartiya Janata Party, the principal Opposition party at the Centre, has shielded the Reddy brothers -- two out of three are Cabinet ministers in the BJP government in Karnataka …
