User: esg Topic: Issues
Category: mining :: iron-manganese
Last updated: Mar 26 2017 01:47 IST RSS 2.0
 
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Govt to auction 20 blocks for mining metals, minerals 25.3.2017 TOI: Jaipur
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Prosecution sanction: SC to examine guv's powers 24.3.2017 Deccan Herald - State
The Supreme Court on Friday agreed to examine if immunity granted to the governor is open to judicial review when he exercises his power as competent authority under the Karnataka Lokayukta Act in granting sanction for prosecution of a public servant. A bench of Justices Ranjan Gogoi and Navin Sinha termed as "interesting" a question of law raised by former Karnataka chief minister N Dharam Singh. "This is an interesting question of law. We keep it for final disposal on July 18," the bench told senior advocates P P Rao and Mahalakshmi Pavani, representing the senior Congress leader. Singh challenged a high court order that allowed recovery of over Rs 23 crore from him for the losses caused to the exchequer in transportation of illegally-extracted iron ore. The governor, acting as competent authority in case of complaints against the then chief minister, had in June 2009 rejected the recommendation of the Lokayukta, which was not open to judicial review, Singhs counsel had claimed. The high court, ...
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ArcelorMittal among three steel firms to back out of Odisha projects 24.3.2017 All Companies Stories
Eleven others have not yet started work for setting up steel plants
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Iran abandons plans for iron ore export tariffs 23.3.2017 TOI: Intl Business
IRAN-STEEL/:Iran abandons plans for iron ore export tariffs
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SC to hear Common Cause's plea seeking ban on illegal mining in Odisha 23.3.2017 New Kerala: India News
SC to hear Common Cause's plea seeking ban on illegal mining in Odisha
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SC rejects Karnataka miners' plea to lift levy 22.3.2017 Business Standard: Today
Both central and Karnataka governments had opposed the demand of the miners
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Tata pulls out of Haveri steel plant project 22.3.2017 Deccan Herald - News
Major Industries Minister R VDeshpande said Tata Metaliks Ltd has withdrawn its Rs 15,000-cr steel plant project from Haveri. He said in the Assembly that last October, Tata Metaliks informed the government that the project had become unviable because of non-availability of mines and iron ore. It has requested the government to refund the money paid for allotment of land. The government is examining the request. The company had planned to establish a 3 MTPA integrated steel plant with an investment of Rs 15,000 crore on 2,500 acres of land in various villages inHaveri taluk. The project was cleared by the State High Level Clearance Committee. A preliminary notification on land acquisition was issued in 2010. The minister gave details in reply to questions raised by Basavaraj N Shivannanavar (Cong). The MLA said farmers who parted with land are struggling to get compensation. Deshpande said only companies with captive mines can set up steel plants. Since the company has no mines, it has withdrawn the ...
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Tata Metaliks shelves ₹15,000-cr integrated steel plant in Karnataka 22.3.2017 HBL: Companies
Company sites non-availability of mines; government points to apex court ruling
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SC refuses to modify order for deposit of ore sale proceeds for SPV 21.3.2017 deccanherald.com
The Supreme Court, on Tuesday, declined to modify its direction for deposit of 10% of iron ore sale proceeds by every lease holder for the special purpose vehicle (SPV) for extracting minerals in Ballari, Chitradurga and Tumakuru districts. A three-judge bench presided over by Justice Ranjan Gogoi said every mining activity results in baneful effects which need to be corrected and destruction of environment that inevitably occurs in the process needs to be mitigated. "Even the new lessees who may not have been involved in such degradation are contributing to the process of reclamation and restoration," the bench, also comprising Justices Prafulla C Pant and A M Khanwilkar, said. The state government constituted the SPV, known as Karnataka Mining Environment Restoration Corporation, on June 13, 2014, following a direction by the apex court in a PIL filed by an NGO. Federation of Indian Mining Industry, Southern Region, supported by another lessee M/s Vedanta, had sought modification of the apex court's ...
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Goa: As CM, Parrikar faces law and order, illegal mining, unemployment 20.3.2017 Top Stories
Lately, Goa has been in the news for frighteningly violent crimes against tourists, including rape
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Crores in taxes lost: CAG report 17.3.2017 Hindu: News
Inadequacies in the system to sheer lack of application by officials has seen the State lose crores in taxes between April 2011 and March 2016, illustrates the report by the Comptroller and Auditor Ge...
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Iron ore production in Odisha has reached all-time high of 94 mt 17.3.2017 All Economy & Policy Stories
Iron ore production in Odisha has reached a record high in this fiscal, with the combined output by both merchant and captive miners touching 94.19 million tonne (as on March 10, 2017). The ore production is at a decadal high, bettering the state's own production rate of 80.8 million tonne (mt) in 2015-16. With-pan India iron ore output by the end of this fiscal pegged at 180 mt, Odisha is poised to retain its slot as the highest producer, accounting for over 50 per cent of the output.The despatch of iron ore permitted by the state government is 111.1 mt and if achieved, this could be the best ever despatch rate ever. By the end of February this year, the iron ore despatches were already in upwards of 90 mt."The extension of lease validity and increased level of mechanisation at some key operating mines had led to the spike in production. We are confident that Odisha's iron ore production will be over 100 mt by the end of this financial year", said a state government official.Odisha ..
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Mineral Production during January 2017 (Provisional) 17.3.2017 Govt of india: PIB
The index of mineral production of mining and quarrying sector for the month of January (new Series 2004-05=100) 2017 at 146.1, was 5.3% higher as compared to January 2016.
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India-born Labour party candidate wins local election in Australia 16.3.2017 Business Standard: News Now
Michel was born in India, moved to Australia 27 years ago and to the Pilbara in 2001
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Anil Agarwal family trust to invest £2 billion in Anglo American mining co 16.3.2017 HBL: Home
Anil Agarwal-owned family trust Volcan Investments intends to invest £2 billion in the shares of Anglo American plc, a global and diversified mining company, through compulsory convertible bonds.
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India-born businessman wins local election in Australia 16.3.2017 Zee News : India National
An India-born businessman has won a local election in Western Australia.
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222 mineral blocks to be auctioned off 15.3.2017 Rediff: Business
Nine mineral-rich states -- Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Odisha, Tamil Nadu and Telangana -- are readying 75 blocks for auction.
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NMDC's iron ore output grows 21%, sales rise 25% up to Feb 14.3.2017 All News-IANS Stories
State-run NMDC Ltd. on Tuesday said its iron ore production grew by 21 per cent to 30.33 million tonnes (mt) during April to February this year as compared to 25.04 mt produced during the same period last year.
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222 mineral blocks on radar for auctions in 2017-18 14.3.2017 Latest News
As many as 222 mineral blocks are in the pipeline for auctions in 2017-18. While all these blocks could be potentially auctioned, the actual number of blocks to go under the hammer would depend on their status of exploration and the readiness of the respective state governments.In the list are blocks being explored by the Geological Survey of India (GSI) and Mineral Exploration Corporation of India Ltd (MECL). Between them, nine mineral bearing states- Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Odisha, Tamil Nadu and Telengana are readying 75 mineral blocks for the auction process. Karnataka tops the list with 57 mineral blocks on offer for auctions followed by Madhya Pradesh with 46 and Jharkhand at 39.This apart, there are 100 lapsed mineral applications under Section 10 (A) (2) (c) of the amended Mines and Minerals- Development & Regulation Act (MMDR), 2015. These leases refer to the cases where mining leases could not be executed within the ..
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Iron ore output beats ban blues, surges 27% to 154 mt 12.3.2017 Business Standard: Front Page Headlines
Output had nosedived 9.4% between 2012-16 after mining ban in 3 states, which has since been lifted
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