With misclassification of different grades of minerals by mining leaseholders found to be at the root of illegal mining, the Union mines ministry has tightened the procedure to be followed by states for grading and determining the average sale price (ASP) of iron ore and other major minerals. Pointing out …
Iron ore supply likely to be disrupted further in Karnataka if panel finds fault with these miners Supply of iron ore to steel mills in and around Karnataka might be disrupted further if the central empowered committee (CEC), appointed by the Supreme Court to probe alleged irregularities of nine mining …
Experts and mining bodies in Odisha have criticised suspension of mining in the state, saying the irregularities in the system could have been rectified while mining was still on. They said they fear the suspension will lead to a complete ban on mining in the state on the lines of …
Union Agriculture Minister Sharad Pawar on Monday said he would seek to convene a meeting of concerned ministries in a bid to thrash out a solution to the problems faced by mining industry in Goa. He assured this after meeting the pro-mining agitators, holding chain sit-in protests under the banner …
Policy could end land acquisition and green nod problems, and encourage foreign investors The new steel policy, likely to be announced in a month, is expected to iron out issues related to foreign direct investments, land acquisitions and environment clearances. The draft of the new policy, seen as a stimulus …
This paper repositions iron smelting and the smelter at the centre of a revised narrative of pre- and early-colonial forest history and policy. In a medieval war economy the smelter shared a relationship of mutual interdependence with the feudal state as a provider of critical raw material for weapon manufacture. …
The Association of Power Producers (APP) has called for an upgrade of the coal-handling infrastructure in India after a recent study done by it revealed that a lot was needed to be done. APP has called for the development of coal storage facilities on port premises, coastal-based coal preparation hubs, …
The Supreme Court on Friday asked the Central Empowered Committee (CEC) to look into an NGO’s plea seeking CBI probe against former Karnataka Minister D K Shivakumar, his brother D K Suresh and nine other mining companies in connection with illegal iron ore mining. A three-judge bench presided over by …
After reducing the prices of iron ore for domestic steel mills in the October-January period, state-owned miner NMDC is considering a price rise in February. The company’s board is likely to meet next week to decide on the issue. “The company has taken a policy decision to revise iron ore …
Captive consumption, exports to be out of auction ambit The state steel & mines department has scrapped the demand for conducting separate e-auctions for local buyers and consuming industries with units outside the state. The demand for separate e-auctions was raised by All Odisha Steel Federation (AOSF), a body representing …
The quarter to December-end was a tough period for JSW Steel, marked by falling realisations and forex losses, which led to the steel maker taking a major hit on its profit after tax. Realisations were down more than 7.5% year-on-year at . 38,100 per tonne as the company offered discounts …
Sale price at Rs 5,600/tonne compared to raising cost of Rs 600 The All Odisha Steel Federation (AOSF), a body representing the interests of local steel units and sponge iron manufacturers, has stepped up the ante on mine owners, accusing them of making huge profits by selling iron ore to …
The inter-ministerial committee of the Odisha government constituted to formulate a policy for offering raw materials to state based industries will seek more time for submission of its report. Though the panel was mandated to submit its report by January 30, exactly three months after the notification dated October 30 …
Company aims to produce 10 million tonnes of iron ore per annum in the first phase from the proejct Vedanta group firm Sesa Goa has finalised the capital expenditure plan for its Liberian iron ore mining project and plans to begin shipments from it from February 2014, a top company …
KOLKATA: Domestic steelmakers JSW SteelBSE -0.42 % and Kalyani SteelsBSE 1.31 % have sought reopening of iron-ore mines in Karnataka to tide over the raw material shortage faced by the industry. The two companies say they are forced to operate their plants at 70% and 30% capacity respectively. "We are …
SC, in its order on Oct 5, 2012, has halted transportation and extraction of ore in the state The Goa government will file an affidavit in the Supreme Court tomorrow, in which it will highlight the socio-economic impact of suspension of iron ore mining activities in the state since October …
According to a top company official, JSW Steel is trying to feed its blast furnaces with the most inferior raw material for the first time JSW Steel, which is facing severe shortage of iron ore for its 11-million tonne Vijaynagar steel plant in Bellary district, is planning to experiment with …
Odisha-based Geomin Minerals, which has been locked in a legal battle with Korean giant Posco for an iron ore prospecting licence in the Kandadhar mines in Sundergarh district, on Wednesday opposed a Supreme Court move to ask the Centre to make an assessment of all potential contenders for the licence. …
Steel industry expects availability to fall further in 2013-14, no exports recorded since November The severe shortage in iron ore supplies from Karnataka and Goa, where mining was stopped following a Supreme Court directive, and the cap on production in Odisha have led to India becoming a net importer of …
The Supreme Court on Tuesday indicated that it may lob the issue of granting a prospective iron ore licence to South Korean giant Posco back to the central government. The top court raised this possibility and sought responses on Wednesday from all parties fighting over the grant of the Khandadhar …
The Supreme Court on Monday issued notices to the Centre and the Goa government on a plea which alleged that the state government, in violation of its order, had allowed export of iron ores, purportedly extracted from Maharashtra. A three-judge bench, headed by Justice Aftab Alam, sought the replies of …
