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 …
The Chief Ministers of five mineral-based States on Saturday demanded a rethink on the New Mineral Policy while charging that the document, in its current form, favoured foreign direct investment and multinational mining companies by promoting liberal export of minerals. Stating that the rights of the mineral-based States should not …
Irked over the provisions of the new National Mineral Policy, Orissa CM Naveen Patnaik on Friday charged the Centre of violating federal spirit by not taking state's views and said five mineral-rich states will meet on Saturday at New Delhi to work out a strategy. While the states called for …
The United Goans Democratic Party has said it is deeply disturbed by news reports that the imposition of a 50 rupees cess per ton on extraction and sale of minerals is a mere ploy to extort money from the mine owners. UGDP Acting President, Radharao Gracias has called upon the …
Focus on cost-effectiveness: Mr T. Subbarami Reddy (right), Union Minister of State for Mines, and Mr G.V. Ramakrishna, Conference Chairman, at the Infrastructure Today international conference in Hyderabad on Wednesday. Hyderabad, March 26 The National Mineral Policy (NMP), which is expected to bring in fresh investments in the mining sector, …
The Union Cabinet on Thursday gave approval in principle to the long-awaited National Mineral Policy. The new policy is likely to attract foreign direct investment to the tune of $250 million per annum. It is expected open up country's huge untapped mineral deposits besides helping mineral-rich states earn more revenue …
The government today approved the new National Mineral Policy, which, among other things, proposes the setting up of an independent dispute resolution mechanism
The State loses over Rs 70 crore every year because of the non-revision of royalty on minerals. However, companies extracting mineral ore have been making a killing in the market. According to the state government, it was the duty of the Centre to revise the royalty rates. But it had …
This study examines the utilization of iron ore in India. It takes into account the significant reserves of iron ore in India and allays fears that the country's steel industry will run out of iron ore resources if exports continue at the current level. On the contrary,it says that exports …
THE battle for controlling iron ore resources in the country is far from over. After the steel industry's demand for further curbs on iron ore exports, the mining industry has come up to rebut claims that ore exports would diminish country's resources which are required for value addition within the …
January 2, 2006. At least 13 tribal people and a policeman were killed in a clash at the Kalinganagar steel complex in Orissa's Jajpur district. The tribal people were protesting the construction of a boundary wall for a proposed mega steel plant by Tata Steel when the violence broke out …
On November 23, the Supreme Court of India refused to permit Vedanta Alumina Limited to mine bauxite in the Niyamgiri hills. Many have interpreted it as a blanket refusal to mining in the hills. Nothing could be further from the truth. The judges have only attempted to protect themselves from …
Chhattisgarh is a rich State in terms of mineral wealth, with so far known 28 varieties of minerals, including diamonds. Chhattisgarh, has substantial coal deposits, which led to its 'power hub' strategy. The tin ore which is a rare metal in India is found in Chhattisgarh. The best quality iron …
This book is an attempt to document all the complexities of mining. While, it is true that mining is essential, it is not a simple 'dig and sell' proposition for a country like India. Its challenges are immense. The book gives an overview of these challenges - protection and preservation …
Minerals are a valuable natural resource being the vital raw material for infrastructure, capital goods and basic industries. As a major resource for development the extraction and management of minerals has to be integrated into the overall strategy of the country's economic development. The exploitation of minerals has to be …
The uk plans to claim sovereign rights over a million square kilometres of the remote seabed off Antarctica. The move is believed to be a prelude for seeking exploration rights over potential hydrocarbon and mineral deposits around the South Pole. The claim would be in defiance of the spirit of …
In 1937, Ivan Papanin led an expedition that planted the Soviet flag on the North Pole. He was feted by Stalin and lionised as a Soviet hero. In early August this year, the Kremlin honoured Artur Chilingarov similarly after the deputy leader of the Russian Duma had led two mini-submarines …
the Orissa government has withdrawn proposals to create two new elephant reserves in the state. Its proposals to create the South Orissa elephant reserve and the Baitarani elephant reserves under Project Elephant had been approved by the Centre about a year back. But, on July 26, the state government informed …
