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What bleeds Bellary

The red haze mixes with sweat to form a sticky paste that does not peel off one's skin easily. It becomes dried blood The appearance is deceptive. The district headquarters of Bellary in Karnataka could be any other small town in India: rows of tiled houses, potholed lanes, a bustling …

Oppose any move to withdraw cess on sale of minerals

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 …

NMDC in talks with Canadian firm for mega-iron ore project

Government-owned NMDC, India's single largest iron ore producer and exporter, is in talks with Canada's New Millennium Capital Corp (NML) for a $3.5 billion (Rs 14,000 crore) project to develop one of the world's largest undeveloped low-grade (magnetite) iron-ore deposits. Confirming this, Rana Som, NMDC chairman and managing director, said …

Mining lease issue rocks A.P. Assembly

Andhra Pradesh Chief Minister Y. S. Rajasekhara Reddy strongly defended mining leases given for extracting iron ore, bauxite and granite reserves in the State claiming that all these were done in a fair and transparent manner. On a day of high voltage drama in the Assembly, the Telugu Desam Party …

Leveraging natural iron-ore key to steel sector growth

THEglobal steel sector is passing through a phase of extraordinary growth due to all round growth in steel demand led by China and India. International Iron & Steel Institute's (IISI) provisional report shows that the world crude steel production has increased from 1,250 million tonne in 2006 to 1,343 million …

Mineral industry wants iron ore export duty abolished...

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 …

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