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 …
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 …
In a complete disregard for the rare minerals, Rajasthan government has leased mining blocks that contains copper, silver and tin for extracting masonry stones and construction materials. Despite reminders from the central government agencies, mines department has taken no action resulting into a loss of revenues and wastage of national …
SUPARCO is launching its own Remote Sensing Satellite to replace Google Earth through which a local search engine "Akas-e-Pakistan" will also be operated. This was revealed by Deputy Chairperson Space & Upper Atmosphere Research Commission (SUPARCO) Dr Arifa Lodhi during a meeting with Additional Chief Secretary Punjab Shamail Ahmad Khawaja …
The Ministry of Mines has prepared the draft rules named “The Mineral Conservation and Development Rules, 2016” under section 18 of the MMDR Act, 1957, for the conservation and systematic development of minerals and for the protection of environment and for purposes connected therewith.
BENGALURU: After failing to check rampant illegal mining in the last two decades, the government has come up with a solution to protect its dwindling mineral resources. It has decided to create a dedicated police force to curb the exploitation and transportation of minerals. "Police officials say it is difficult …
The National Mineral Exploration policy (NMEP) can provide an impetus to exploration and generate a continuous flow of mineral blocks to be auctioned, according to an EY report titled' Indian minerals exploration - play to win.' With only 10% of the 8 lakh sq. km potentially resource-bearing area in India …
Says company violated monitoring process of ore transported from Karnataka; warns company of using any undue influence by resorting to shutting down operations Directorate of Mines and Geology (DMG) on Thursday cancelled the import and transit permits issued to Vedanta Ltd for import of 12,000 metric tonnes (MT) of ore …
BHUBANESWAR: Extending its support to the goods and services tax (GST) Bill which has been hanging fire in the Rajya Sabha, the state government on Tuesday reiterated its demand to allow mineral-bearing states to levy green tax. The state's contention is that the provision of 1% additional tax benefit proposed …
The Supreme Court has pulled up the Karnataka government for conducting a fresh survey disregarding its 2013 order for shifting the boundary of a private lessee of iron ore mining. A three-judge bench presided over by Justice Ranjan Gogoi on Monday reprimanded the Essar Steel (Hazira) and the Karnataka government …
New UN report warns that the threefold increase in extraction of the Earth’s primary materials will intensify climate change, increase air pollution and reduce biodiversity. Humans’ appetite for gnawing away at the fabric of the Earth itself is growing prodigiously. According to a new UN report, the amount of the …
The amount of primary materials extracted from the earth will almost triple by the middle of this century if action is not taken, as emerging economies develop and consume more, a U.N.-backed report said on Wednesday. The use of fossil fuels, metal ores and non-metallic minerals has accelerated rapidly since …
A 106-million-ton manganese ore deposit was recently discovered in Songtao Miao autonomous county, Guizhou province, the third largest deposit of its kind ever found in Asia, according to the Guizhou Provincial Bureau of Geology and Mineral and Development. Early in 1950s, the largest manganese deposit in Asia was discovered in …
Worldwide extraction of materials triples in four decades, intensifying climate change and air pollution. Rising consumption fuelled by a growing middle class has seen the amount of primary materials extracted from the Earth triple in the last four decades, according to a new report by the United Nations Environment Programme-hosted …
Twelve critical minerals could play an important role in the success of the Make in India programme and the sustainable growth of the Indian economy, according to a study released by the Council on Energy, Environment and Water (CEEW). The study, supported by the Department of Science and Technology (DST), …
The funds would be utilized for environmental conservation, restoration & regeneration activities The Odisha government has decided to bring royalty collected from minor minerals under its environment management trust. Five per cent of the royalty of minor minerals would be collected as per provisions of the Odisha Minor Mineral Concession …
Mines Ministry has asked the Department of Atomic Energy (DAE) to provide the exploration data of areas where the occurrence of atomic minerals is less than the threshold value to expedite auction of such blocks. The recently unveiled Atomic Mineral Concession Rules (AMCR) 2016 stipulates reserving all BSM (Beach Sand …
The Industries and Mines Department, Government of Gujarat has prepared the draft rules named, "The Gujarat Minor Mineral Concession Rules, 2016" for the provisions relating to grant and regulation of mineral concessions of minor mineral under section 15 of the Mines and Minerals (Development and Regulation) Act, 1957.
The Industries and Mines Department, Government of Gujarat has prepared the draft rules named, "The Gujarat Mineral (Prevention of Illegal Mining and Transportation and Storage) Rules, 2016" for the provisions relating to prevention of illegal mining and transportation and storage of mineral under section 23C of the Mines and Minerals …
The firm also has an objective of achieving a capacity of 40 MTPA in the next decade In a bid to ensure raw material self-sufficiency, Sajjan Jindal-led JSW Steel is planning to participate in the upcoming auction of iron ore mines in Karnataka and other states. "JSW Steel currently does …
PANAJI: Goa Chief Minister Laxmikant Parsekar on Sunday mooted the idea of converting exhausted mining pits into environmental projects. "The deserted (exhausted) mining pits should be converted into hospitality or environmental projects (and) then we will be able to balance the environment," he told reporters here. The Chief Minister planted …
