Minerals

Climate risks to nine key commodities: protecting people and prosperity

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 …

Met coke prices treble in 6 months on China curb

Dilip Kumar Jha / Mumbai July 23, 2008, 0:01 IST The dragon country has cut output by 72 per cent to control pollution before the Games. With China cutting output to avoid emission of hazardous gases before the Olympics scheduled for next month, prices of metallurgical coke (met coke), an …

Indian mining firm partners Earthstone

To jointly develop iron ore mining in Sumatra BANGALORE: The GJR Group, with mining interests in Andhra Pradesh and Karnataka, has signed an agreement with PT Earthstone Resources of Indonesia, engaged in large scale mineral exploration and mining in Africa and Asia. G. Janardhan Reddy, Chairman and Managing Director, told …

Duststorm aids Atlantic life

The Saharan duststorms help sustain life over large regions of the North Atlantic Ocean, according to a latest study. Liverpool University researchers found that plants are able to grow in these regions because of their ability to take advantage of iron minerals in Saharan duststorms. This allows them to use …

'Water resources of Chitral to be exploited'

NWFP Senior Minister Rahimdad Khan said here on Friday that provincial government was working on a broad-based strategy to take full advantage of water resources of Chitral for benefits of people. Talking to journalists after offering fateha for the departed soul of IUCN NWFP Head, Shazada Shujaur Rehman who died …

First core library of minerals set up in Rajasthan

Will help accelerate indigenous research on country's mineral wealth Will avoid re-drilling of already explored areas Fulfil the need to revaluate sub-surface lithological and structural data Jaipur: The Geological Survey of India (GSI) has established a "core library' of minerals at Akwali village in Jhunjhunu district of Rajasthan to systematically …

Impacts of underground coal mining on natural features in the Southern coalfield: strategic review

On 6 December 2006, the Minister for Planning and the Minister for Mineral Resources and Primary Industries established an Independent Expert Panel to undertake an inquiry into the impacts of underground coal mining on natural features in the Southern Coalfield. The inquiry

Eco warriors pick holes in proposed iron ore guidelines

Question Govt Capacity To Monitor Implementation Of New Norms Ruhi Kandhari NEW DELHI EXPERTS have denounced the draft notification on environment standards for iron ore mining that allows more than two times the suspended particulate matter emission in mining area as compared to what is allowed in an industrial area. …

Irregularities galore in mining in Bellary

the recently held elections in Karnataka paved the way for several mine owners to the state assembly. Some of them who belong to Bellary district have even got key ministerial berths such as the revenue ministry and the ministry of tourism and infrastructure development. The district, located in the eastern …

Iron ore prices rise to new high

Javier Blas & Rebecca Bream Baosteel agrees to pay a record price increase to Rio Tinto for delivery of iron ore next year. Baosteel, China's leading steelmaker, agreed on Monday to the largest ever annual increase in iron ore prices with Rio Tinto, the Anglo-Australian miner, in a move that …

Gujarat govt raises alarm over illegal bauxite exports

'MAULIK PATHAK Ahmedabad, 18 June Gujarat's Saurasthtra region seems to be turning into a hotbed of illegal bauxite exports. ' Senior officials in the Commisionerate of Geology and Mining Department fear that 10.5-11 million tonnes bauxite worth Rs 1,200 crore was illegally exported from the region in 2007-08 fiscal. On …

Vedanta eyeing aluminium co buy?

Anil Agarwal will tell you that he likes all his metals

Ancient mineral tells of climate

A new analysis of ancient minerals called zircons suggests that earth's earliest continents were probably destroyed by an extremely harsh climate. Zircons, the oldest known materials on earth, offer a window in time back as far as 4.4 billion years ago, when the planet was a mere 150 million years …

India needs to diversify its mineral export basket: study

India needs to diverse its mineral export basket and intensify exploration activity with a suitable incentive framework to attract private sectors foreign investments, says a study by Export-Import Bank of India (Exim Bank). According to the study titled Exploration holds the key for Growth in India Mineral Sector, the growth …

Russia set to cut tax on oilfields

The Russian government is proposing to abolish the mineral extraction tax for depleted oilfields to revive oil output growth, which has flagged because of the levy, Igor Sechin, the deputy prime minister, said yesterday. "The government is considering a zero tax regime for depleted oilfields, and tax breaks for young …

Mining industry to touch $30b by 2012: Study

Country's mining industry is projected to touch over $30 billion (about Rs 1,27,662 crore) accounting for about 2.5% of the GDP in the next four years, a latest report said. "Considering India's mineral resources, we believe there is strong potential for further development and scaling up of the country's mining …

High background radiation sweeping along the southwest coast of Tamil Nadu, India

Ionizing radiations are a grave threat around the high background regions of the globe. Selected pockets of Brazil, China and India are reportedly under the grip of high background radiation. Presence of monazite sand along the beaches of these regions, among other factors, has contributed to these dreaded radiations. Recent …

Bring the states on board

National Mineral Policy will unlock the mining businessThe mineral-producing states have raised the ante against the National Mineral Policy 2008, tabled in Parliament recently. Their grouse is that it intrudes into their rights over the minerals produced in their respective states and is tilted in favour of foreign mining companies …

New mineral policy to attract FDI of $2.5 billion

The new National Mineral Policy (NMP) which seeks to ensure assured right in mineral concessions, envisages foreign direct investment of $2.5 billion annually. "FDI of about $2.5 billion per annum is expected in the mining sector from the fifth year of implementation of the new NMP,' mines minister Sis Ram …

Meghalaya asks miners to adhere to MoU

Meghalaya Chief Secretary Ranjan Chatterjee on Saturday asked miners in the State to adhere to the memorandum of understanding (MoU) signed by them with the State Government to prevent taking outside labourers. Addressing the concluding 2nd North East Mine Environment and Mineral Conservation Week 2007-2008 organised by Lafarge Umiam Mining …

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