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 …

Goa govt eyes Rs 240 cr through renewal of mining leases

Goa government plans to collect a total revenue of Rs 240 crore in the form of stamp duty by renewing mining leases in the state, of which, Rs 116 crore have been mopped up last week, a senior official said. In the first lot of renewals of nine mining leases …

Coal policy tweaked to help avoid legal blocks

Private mining giants like Rio Tinto, BHP Billiton and others likely to partner with Coal India under a new public-private partnership (PPP) model in the works won’t have any ownership rights in these ventures but will do mining on a contractual basis for the PSU. Yet these mining companies, equipped …

Clear stand on mining near sanctuary: Shah panel to Odisha

Justice M B Shah Commission, probing illegal mining activities in Odisha, today asked the state government and Union Ministry of Environment and Forest to clear their stands on issues relating to mineral exploration within 10 km radius of wildlife sanctuaries. The Commission asked both the governments to submit affidavits in …

Shah panel seeks clarity on mining near forests

The Justice M B Shah Commission, inquiring into illegal mining in Odisha and some other states, on Monday asked the state government and the Union ministry of environment and forest (MoEF) to inform it about their position on matter pertaining to mining within 10 km radius of wildlife sanctuaries and …

New committee to verify mining lease boundaries

BHUBANESWAR: Acceding to the demands of different miners, the Justice M B Shah Commission on Friday announced formation of a committee for physical verification of the boundaries of certain mines. "The committee will comprise seven members, including a representative from the commission," Justice Shah, who is heading the one-man commission …

Mining panel reconstituted

PANJIM: State government reconstituted State Level Co-ordination-cum-Empowered Committee under chairmanship of Chief Secretary for regulating mining activities in the State, in its efforts to ensure that there is no delay on making preparations as and when mining starts after the apex court nod, an officer stated. The 16-member committee has …

Centre’s permissions must prior to renewal of leases, State govts told

PANJIM: The Union Ministry of Mines dropped a bombshell Friday, by shooting a copy of the letter addressed to Orissa government to all State governments which says that basic Central government permissions were needed before renewal of mining leases and permissions from the Indian Bureau of Mines and assessment of …

Odisha to form panel for mine lease demarcation

The Odisha government has agreed to form a committee to look into lease area encroachment by mine lease holders after getting direction from Shah Commission to this effect. The committee is scheduled to start functioning from March 4 and submit its report soon. Illegal mining enquiry agency, Justice M B …

Shah commission confirms illegal mining

BHUBANESWAR: Confirming illegal mining in Odisha, Justice M B Shah, who is heading a one-man commission inquiring into the illegalities in the state's mineral sector, on Thursday said miners who are not satisfied with their presentations would get another chance to put forward their views at the commission's headquarters in …

5 mining lessees deposit Rs 129 cr

PANJIM: Five out of the seven mining lease holders who were initially sent renewal notices have deposited Rs 129 crore in the bank, with one lease holder paying stamp duty. The State is hoping to mop up approximately Rs 252 crore, revenue in the form of stamp duty, from total …

Justice Shah panel begins 4th round of hearing

BHUBANESWAR: Under the microscope for allegedly engaging in illegalities, several mine owners on Wednesday raised objections before the Justice M B Shah Commission to the manner in which boundaries of mines were determined using satellite images. Various miners, represented by prominent lawyers, strongly pleaded before the inquiry commission for a …

Govt may allow sale of surplus coal in markets

To get around the shortage of domestic coal, Budget 2013-14 is expected to announce a far reaching change to make private sector produce more of the mineral. Companies with coal blocks will be allowed to sell their surplus coal under a public-private-partnership model in the markets instead of selling only …

Iron ore exports likely to fall further in FY14

Exports of iron ore are likely to fall further during the next financial year (2013-14) and touch a record low, as Railway Minister Pawan Kumar Bansal ignored the demand for a level field in the freight rates charged on movement of iron ore for domestic use and exports. There is …

Shah panel to hear lessees from today

A six member team of Shah Commission, enquiring into illegal mining activities in Goa and Odisha, arrived here on Tuesday. The commission will hear views of the mine owners during this round of visit to the state. "We will be hearing the lessees during the visit that will continue for …

Goa Foundation takes on govt stand on illegal mining

PANJIM: Tearing into the State government’s affidavit (reply), Goa Foundation in its rejoinder, has argued that if the original lessee cannot mine the ore from the mine, then it should be returned to the state instead of being allowed to be mined by a raising contractor. Iron ore resource is …

Affidavit: Contractors usurp mining leases

PANJIM: The affidavit by Goa Foundation in the PIL on illegal mining that is likely to come up Wednesday referring to raising contractors said, “As the case of Badruddin Mavani has shown, eventually powerful actors make deals with the owners in which 95 per cent of the income of the …

Public forum calls for limiting mining leases to 5 per firm

PANJIM: A discussion on mining in Goa today morning saw speakers demand that one company of one individual should not own more than 5 mining leases. It also mooted that if companies retrench workers then their leases should be taken over by the government. A cap on exports of 10 …

Mines Dept slapped with legal notice

PANJIM: The mines department was served with a legal notice challenging the legality of the Goa (Prevention of Illegal Mining Transportation and Storage of Minerals) Rules 2004 and demanding that the rules be withdrawn within two weeks. The notice served by Adv Krishnendu Mukherjee says that Section 23 C of …

Mining industry faces Rs 250cr loss

KEONJHAR: The government and mining companies were feared to face a loss of over Rs 250 crore on the first day of the nationwide bandh in the district as mineral transportation by rail and road came to a halt on Wednesday. "There was no mining activity here today and the …

CEC recommends SC to allow opening of Category B mines

The R&R; Plans have been prepared and approved by CEC for 51 mining leases comprising of 28 Category A and 23 Category B mining leases The ore-starved steel mills in Karnataka have some sweet news to cheer as the Supreme Court-appointed Central Empowered Committee (CEC), has recommended the resumption of …

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