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 Mines and Mineral Development and Regulation Act, 1957 was amended in 2015. Subsequent to the amendment, the Ministry of Mines notified the Mineral Auction Rules, 2015 on 20/05/2015 to prescribe the procedure of the auction process. Auction of concessions for major minerals (other than coal, petroleum and natural gas) …
MANILA (Reuters) - The Philippine environment minister said on Wednesday that a ban on new open pit mining in the country would remain in place, with President Rodrigo Duterte rejecting government panel recommendations to reverse it. The ban, implemented by former environment minister Regina Lopez from April covers new projects …
New report urges global action on mining pollution. Mining Tailings Storage: Safety is no accident, was prompted by tailings dams disasters and rising global concerns about the safety, management and impacts of storing and managing large volumes of mine tailings. The increasing number and size of tailings dams around the …
BHP has said it will not support the Minerals Council’s bid to strip environmental groups of their ability to advocate for policy change. The surprising move comes amid increasing pressure on Australia’s biggest miner to distance itself from the Minerals Council, which has taken a hardline position against any form …
Idea thrown open by NITI Aayog, who proposed a unified tax regime for the industry, where all royalties, levies, duties and taxes will be subsumed into GST PANJIM: In a bid to give relief to the iron ore mining industry, reeling under the burden of double taxation, the proposed National …
Ghana’s oil and gas sector scores a satisfactory 67 of 100 points in the 2017 Resource Governance Index (RGI), making it the best performer in sub-Saharan Africa. This is contained in a Natural Resource Governance Institute (NRGI) release copied to the Ghana News Agency. The Index measures the quality of …
This scheme empowers mining districts to levy a charge on all mining operations to create a fund that would be used to mitigate harmful effects of mining and to benefit local people At present, if a company has a mine with 10 mt capacity but is extracting only four mt, …
The Ministry of Mines has prepared the draft Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Amendment) Rules, 2017 seeking to amend the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016.
Judgement of the Supreme Court of India in the matter of State of Uttarakhand & Others Vs Kumaon Stone Crusher dated 15/09/2017 regarding transit fee levied by three States (Uttar Pradesh, Uttarakhand and Madhya Pradesh) on forest products and minerals among others. The writ petitioners from whom the transit fee …
The State Government is in the process of finalising demand notices to be served on 34 mining lease holders for recovery of full cost of the minerals illegally mined in violation of Forest Conservation Act, 1980.The 34 lessees are out of 51 cases identified by the Justice MB Shah Commission …
Order of the National Green Tribunal in the matter of National Green Tribunal Bar Association Vs. Dr. Sarvabhoum Bagali (State of Karnataka) dated 11/09/2017 regarding mechanical mining of minerals in rivers and flood plains in Karnataka. Counsel for the State of Karnataka submitted before the Tribunal that they would permit …
Unscientific activities in Chakki rivulet concern for local residents, farmers, environmentalists Notwithstanding mining ban in Chakki rivulet in the subdivision bordering Punjab and Himachal Pradesh, rampant and illegal mining has been going on posing threat to 12 gram panchayats. Not long ago, farmers of Khanni, Maira, Baduee, Baranda, Lodwan, Kandwal …
The Ministry of Mines invites suggestions on draft Mineral (Auction) (Amendment) Rules, 2017 seeking to amend the Mineral (Auction) Rules, 2015. Suggestions are invited from the general public, governments of states and union territories, mining industry, stakeholders, industry associations, and other persons and entities concerned, on the draft amendment rules. …
The Ministry of Mines invites suggestions on draft Offshore Areas Mineral (Development and Regulation) Amendment Bill 2017 seeking to amend the Offshore Areas Mineral (Development and Regulation) Act 2002. Suggestions are invited from the general public, Governments of States and Union Territories, Mining Industry, Stake Holders, Industry Associations, and other …
Judgement of the National Green Tribunal (Southern Zone, Chennai) in the matter of Joy Kaitharnath Vs Kerala Minerals and Metals Ltd. dated 31/08/2017 regarding discharge of effluents by Kerala Minerals and Metals Limited (KMML) into the waterbodies of Chavara, Kollam District. The Applicant (Joy Kaitharnath, General Secretary, State Human Rights …
Nigerian govt. to invest N2.5 Billion in DFIs for Small Scale MinersNigerian govt. to invest N2.5 Billion in DFIs for Small Scale Miners Steel ministry wants Nigerian banks to fund solid minerals sector Investment would facilitate industrialisation, generate more jobs and additional revenue. The Ministry of Mines and Steel Development …
The Ministry of Environment and Forest, Climate Change (MoEFCC) recently issued directions to the Mormugao Port Trust (MPT) to mitigate the pollution, including covering stocks with tarpaulin and mechanization of ore handling. According to the information, E Thirunavukkarasu, a scientist from MoEFCC Bangalore regional office inspected Mormugao Port Trsut (MPT) …
A new report released by the World Bank highlights the potential impacts that the expected continuing boom in low-carbon energy technologies will have on demand for many minerals and metals. Using wind, solar, and energy storage batteries as key examples of low-carbon or “green” energy technologies, the report, “The Growing …
Residents of Dean Town in Korkoyah District, Bong County are rising against the operation of MNG Gold Mining Company on claims that the company has refused to employ the locals or allow them to carry on artisanal mining. As a result of tension rising in the area, government has dispatched …
On a continent better known for enriching colonisers and corporations by exporting its gold, copper and diamonds, so-called "development minerals" - ranging from limestone to granite - could help Africa fuel its own economic growth. The sector, estimated by the United Nations to employ at least 8 million Africans, could …
