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 …
Malaysia has extended a moratorium on bauxite mining, as it grapples with a stockpile that has yet to be cleared despite an official halt to mining activities more than two years ago. The moratorium was put in place in January 2016, after run-off from unsecured stockpiles of the mineral, dug …
98.87 lakh tonnes of minerals illegally excavated in five districts About 98.87 lakh tonnes of minerals worth Rs. 204.5 crore were illegally excavated in five districts of Rajasthan between 2011-12 and 2016-17. The mining not only violated rules and regulations but also flouted the Supreme Court's direction to stop degradation …
PANJIM: Nearly 1900 persons from across the globe have signed a special petition seeking the intervention of the Chief Justice of India in ensuring that iron ore mining activities continue in Goa after March 15, thereby protecting the livelihood of over three lakh people, who are directly or indirectly dependent …
Lunga Lunga MP Khattib Mwashetani on Tuesday said no exploration activities will be allowed in the subcounty by the Ministry of Mining. He said the activities could displace poor locals from their land and only a few would benefit from the minerals. Deposits of rare earth minerals were found at …
Four mining-affected communities represented by Lawyers for Human Rights will be in the Pretoria High Court on Monday to challenge the Mining Charter published by Minister of Mineral Resources Mosebenzi Zwane in June last year. The communities want the 2017 Mining Charter set aside aside on the basis that it …
The Ministry of Mines has prepared the draft National Mineral Exploration Trust Amendment Rules, 2018 seeking to amend the National Mineral Exploration Trust Rules, 2015. Comments/suggestions are invited from the general public, Governments of States and Union Territories, Mining Industry, Stake Holders, Industry Associations, and other persons and entities concerned, …
India is one of the least explored countries in the world with an exploration spend of $15-20 million annually Even after recast of its decade old National Mineral Policy (NMP), the Mines ministry can hardly expect to garner major private investments in mineral exploration space, say industry stakeholders. The ministry …
Mineral Resources Minister Mosebenzi Zwane has signed a memorandum of understanding with the government of the Republic of Niger, represented by its Minister of Mines, Hassane Baraze Moussa. The MoU was signed on the side-lines of the Investing in African Mining Indaba, which is currently underway in Cape Town. The …
The Ministry of Mines has prepared the draft Mineral Conservation and Development Amendment Rules, 2018 seeking to amend the Mineral Conservation and Development Rules, 2017. As part of the Pre-Legislative Consultation Policy, the draft Amendment Rules is made available. Comments/suggestions are invited from the general public, Governments of States and …
The demand comes in the wake of a fear of further price hike in iron ore by NMDC for February after sharp hike in January Industries using iron ore like steel mills, sponge iron manufacturers have urged the government-owned miner NMDC Ltd to roll back the raw material price hike …
PANJIM: After initially suggesting the auction of iron ore mining leases, NGO Goa Foundation (GF), on Thursday proposed that the government not auction leases to private players as the mining industry is incorrigible and continues to brazenly violate laws leading to illegal trade. The NGO opined that the government assume …
According to data provided by the 12 state governments to the Centre, only Rs 2,260 crore of the DMF amount was spent till the end of 2017. As on October 30, 2017, Odisha collected the highest Rs 3,548-crore DMF funds While 12 top mineral-rich states have collected Rs 13,398 crore …
Panaji: The Union ministry of mines has invited objections and suggestions for the draft national mineral policy (DNMP). The policy, which states that the private sector will be encouraged to take up exploration, also spells out that the government intends to grant mining 'industry' status. "Mining needs to be carried …
Says govts should ensure that the full value of extracted minerals is received by the State PANJIM: In what could give a major boost to the environmentalists fighting for inter-generational equity, the Draft National Mineral Policy 2018 has established that State is the trustee of natural resources on behalf of …
The draft National Mineral Policy (NMP), 2018 released by the government proposes long term export policy for the mineral sector as an incentive for investing in large scale commercial mining activity. Government seeks views on the draft National Mineral policy 2018 till Feb 9, 2018. The central government issued the …
Porvorim: The cabinet has extended the debt relief scheme till March 31 this year for borrowers affected by the ban on mining. The proposed extension, however, will be limited to only those proposals that are pending with the banks or those which were rejected earlier. The state's decision was announced …
Artisanal and small-scale mining (ASM) has benefited from a body of research spanning decades, despite an ongoing lack of understanding and statistical data for the sector. The existing literature, both academic and grey, has brought some consensus on key issues surrounding the sector, in many cases repeating similar findings and …
Question raised in Lok Sabha on Illegal Mining, 28/12/2017. Based on the quarterly returns on illegal mining submitted by various State Governments to Indian Bureau of Mines (a subordinate office under the Ministry of Mines), state-wise details of instances of illegal mining reported for the last three years alongwith the …
Tamil Nadu, which has long been delaying setting up the District Mineral Foundation, has finally notified the institution and has framed the rules to govern the body. The DMF would ensure that a part of the royalty received by the Central and State governments is earmarked for developing areas affected …
Question raised in Rajya Sabha on Environmental damage due to illegal mining, 18/12/2017. As informed by Indian Bureau of Mines (IBM) (a subordinate office of the Ministry of Mines), the detail of illegal mining reported in various parts of the country and the action taken by State Governments, for the …
