Mineral-Based Indsutry

Brussels unveils new proposals to reduce greenhouse gas emissions

Air bubbles in the solesof jogging shoes may become a relic if an ambitious regulation unveiled yesterday by the European Commission to reduce greenhouse gases is pushed through.Plans by indsutry to produce a self-cooling drink can in preparation for more heat-waves might also have to be ditched, as it is …

Coal block bids by year end: Jaiswal

New Delhi The competitive bidding for allocation of coal blocks will begin by the year end. Coal minister Sriprakash Jaiswal told reporters on Monday that the proposal was in the final stage and the first batch of coal blocks to be allocated under the new dispensation had been identified. "We …

21 mines asked to stall operations

As per the recommendation of the joint survey committee appointed by the Supreme Court, the State government on Monday ordered stalling of mining operations in 21 mining leases in Bellary district. In May this year, the Forest Bench of the Supreme Court had ordered fresh survey of 99 mining leases …

What does '26 per cent of equity or profits really mean?'

A proposed amendment to the Mines and Minerals (Development and Regulation) Act envisages benefit-sharing with people in forests who are displaced by mining. It has been suggested that mining companies give 26 per cent of their equity or their profits to communities. The proposed law is revolutionary in its implications. …

Bellary in the pits

You have no doubt read about the scams and scandals associated with the infamous iron ore mines of Bellary district in Karnataka and Ananthapura district in Andhra Pradesh. Now you can see the film. Titled Blood and Iron it is a documentary of two and a half hours which will …

2G repeat? Mines floats first-come-first-served as rule for licences

Despite the swirl of controversy around the first-come-first-served rule that

Leash on MoUs

MINING companies may now find it difficult to sign deals with governments of mineral-rich states. The Union Ministry of Mines has issued draft guidelines that would make it mandatory for states to sign agreements with private mining companies in a transparent way and notify them on state websites. The draft …

Revocation of environmental clearance to Careamol Iron Ore Mine at village Pirla, Taluk Quepem, District South Goa, Goa of Shri Jaisinh Maganlal

Revocation of environmental clearance to Careamol Iron Ore Mine at village Pirla, Taluk Quepem, District South Goa, Goa of Shri Jaisinh Maganlal.

Mining mess: Open letter to Manmohan Singh

Open letter to Manmohan Singh on the subject of nationalistation/resumption of iron ore mining valued at over two trillion dollars. 

Order of the High Court of Delhi in canceling mining lease grant in Chhattisgarh to Pushp Steel and Mines Ltd

Order of the High Court of Delhi in W.P. (C) 9120/2008 canceling a mining lease grant in Chhattisgarh to Pushp Steel and Mines Limited (PSML).

A smile for the camera

Hoardings of mine owning companies and hot winds greet you once you exit the cool comfort of the aircraft at Raipur airport. Temperatures have been unusually high almost all over the country this year. But on the second day of my visit to Raipur, I was offered some local explanations …

Deadliest Maoist attack makes Mittal, Posco & NMDC see red

The deadliest attack on Indian security forces in four decades of left-wing conflict underscores the challenge companies including ArcelorMittal, Posco and NMDC Ltd face in investing in mineral-rich states. Maoist rebels killed 76 officers in an ambush on Tuesday in Chhattisgarh, where NMDC operates its biggest iron-ore mine. In neighboring …

Reddys have the last laugh, national mines regulator has both hands tied

Why does the regulatory apparatus appear toothless in the face of the Reddy Republic? Union Mines Minister B K Handique says that officials of the national mines regulator, the Indian Bureau of Mines (IBM), are too

Mine licences may be given to 'first in line'

Like the Telecom Ministry, the Ministry of Mines plans to hand out licences for minerals other than coal to those

5% CSR expenditure policy for mega units on anvil

The State Government seems to have developed a new policy for corporate social responsibility (CSR) expenditures of the mega industries. It follows the model laid by the Supreme Court in the case of Lanjigarh-based alumina project of Vedanta Resources. The annual CSR expenditure will not be below 5 per cent …

MCL: Surging ahead with sustainable mining

M a h a n a d i Coalfields Limited (MCL), a subsidiary of Coal India Limited, and a "Mini Ratna" company of the Government of India was formed in 1992 with its corporate office at Sambalpur (Orissa). The company was formed by the bifurcation of coal mines of Orissa …

No question of new mines in Goa: CM

PANJIM: Chief Minister Digambar Kamat categorically stated that there is no question of giving new mining leases and indicated that he had written to the Centre not to consider mining proposals for environmental clearances from Goa. He also said that the new Goa Mineral Policy would be finalized in mid-March …

Industry offers tips to improve Goas economy

Mineral ore exporters ready to create infrastructural facilities PANJIM, FEB 23 Goa Mineral Ore Exporters Association (GMOEA) today told the government that they are willing to put in funds to build infrastructural facilities like roads in the mining belt provided land is given to them free of all encumbrances. This …

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