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 …
Mineral-rich states are upset with the Centre for proposing direct grant of Large Area Prospecting Licences (LAPLs) for iron ore to first applicants with no exceptions. In a renewed campaign against the Draft Mines and Minerals (Development & Regulation) Bill 2010, spearheaded by Chhattisgarh chief minister Raman Singh, states countered …
The Supreme Court issued notices to the Karnataka government on Friday asking why it must not admit an appeal by mining firm MSPL that challenged a ban on iron ore exports from the state. SC will next hear arguments from Karnataka government's lawyers before it decides to admit the appeal …
Beijing: At least 31 people, including 28 miners were trapped in flooded coal and iron mines in China, the state media reported on Sunday. Twenty-eight miners were trapped in a flooded colliery in southwest China
A ban on export of iron ore and transport permits for moving iron ore from Karnataka imposed by the BJP government on July 26 and 28 respectively was on Friday upheld by a division bench of the Karnataka high court. The bench comprising Chief Justice J S Khehar and Justice …
The Karnataka High Court on Friday upheld the ban imposed by the state government on export of iron ore and dismissed the writ petitions fled by the 40 affected mining companies. Now, the ban will continue until further government orders. A division bench of the high court headed by Chief …
The Orissa government on Friday moved the Supreme Court challenging the Orissa High Court judgment cancelling the licence granted by the State to POSCO for iron ore mining in the Kandadhar mines in Sundergarh district. Acting on a petition filed by Geomin Minerals and Marketing (P) Ltd., the High Court …
The Orissa government on Friday moved the Supreme Court challenging the Orissa High Court order that quashed its decision to permit South Korean steel major Posco to mine iron ore in Sundergarh district of the state. The matter is likely to come up for hearing in November end. The state …
Huge deposits of minerals of precious Platinum Group of Elements (PGE) such as platinum, palladium and nickel have been found in Davangere and Uttar Kannada districts of Karnataka, a Union Mines Ministry statement said on Tuesday. The PGE ore was found in Hanumalapura, Tavaregere, Mesanikere and Magyathahalli in Davangere district …
Mahesh Kulkarni / Bangalore September 24, 2010, 0:42 IST Iron ore mining is coming to a standstill in major production centres in Karnataka even as the court battle against the state government
Mahesh Kulkarni / Bangalore September 23, 2010, 0:54 IST The Karnataka government has reworked the mineral transport permits (MTPs) issued to miners for transporting iron ore to domestic steel mills. The government has offered to issue the permit with a day
Tata Steel has decided to exercise its option of acquiring an 80 per cent interest in the direct shipping ore project of New Millennium Capital Corp, Canada (NML). Tata will reimburse 80 per cent of NML
The deal size is estimated at NEW DELHI: Tata Steel on Tuesday said it would acquire 80 per cent stake in an iron ore mining project in Canada for about Rs.1,350 crore, a move that will help the steel maker boost its raw material supply. The Direct Shipping Ore (DSO) …
Chandigarh: Against the Northern region demand for steel growing at the rate of 10%-12% per annum, steel produced is only 9%. Hence, we need to match the production with consumer demand, said union minister of steel Virbhadra Singh, at the CII Steel Mart 2010, at CII Northern region headquarters. Emphasising …
Jaishankar Jayaramiah KIOCL (formerly Kudremukh Iron Ore Company Ltd), the lone government-owned pellet exporter operating under the steel ministry, has chalked out multiple programmes to expand its presence in various business sectors. The company is in the process making major investments as part of its diversification exercise while increasing the …
Union Minister of Steel Virbhadra Singh today opined that there was a need to ban export of iron ore. Rather export of value added products should be encouraged. He was addressing a gathering at the CII Steel Mart 2010 at CII, Sector 31 today. The minister said that against the …
Karnataka Chief Minister B S Yeddyurappa today said he would convene a meeting of opposition party leaders in the first week of next month in Banglore to seek suggestions on ways to end illegal mining and illegal iron ore export. "I am ready to provide all documents to opposition party …
