User: esg Topic: Issues
Category: mining :: iron-manganese
Last updated: Apr 20 2018 23:33 IST RSS 2.0
 
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Vedanta's acquisition of Electrosteel is credit neutral: India Ratings 20.4.2018 Business Standard: News Now
The London-based Vedanta group is highly leveraged with Rs 1.03 trillion in debt. Its debt-equity ratio stood at 2.2 times last fiscal
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Illegal mining: Order quashing action against officials stayed 20.4.2018 Hindu: Health
The Karnataka High Court on Thursday stayed the order of the Karnataka State Administrative Tribunal (KSAT), which in April 2017 had quashed the Gove
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Karnataka Election 2018: List of BJP Candidates 19.4.2018 NDTV News - South
A week after the BJP released its first list of 72 candidates for Karnataka Assembly Elections 2018, the party announced another 82 candidates on April 16.
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Goa seeks HC nod for export of ore lying outside mining leases 18.4.2018 General News
The Goa government filed an affidavit before the Bombay High Court today seeking its nod to allow export of the ore lying outside those mining leases whose royalty charges are already paid to the state exchequer. The mining industry in the coastal state came to a halt on March 16 after the Supreme Court quashed all 88 mining leases renewed by the BJP government in 2015. "Mining operations and transportation are two different issues and hence transportation of the ore which is stacked outside the mining lease area is not banned by the Supreme Court through its directives on February 7, 2018," the government said in the affidavit filed before a division bench of justices N M Jamdar and Prithviraj Chauhan. Goa Foundation, an NGO on whose plea the apex court had quashed the 88 mining leases, had moved the high court against the transportation of the ore stored outside the mining leases. The affidavit filed by the Director of Mines and Geology, Goa, stated that the Goa Foundation misled ...
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₹40 crore for limestone exploration 18.4.2018 Hindu: Home
Special Task Force for mines in TS
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A Big Boost for Chhattisgarh: Prime Minister Shri Narendra Modi Inaugurates Railway Line in the Maoist Heartland 18.4.2018 Govt of india: PIB
Prime Minister Shri Narendra Modi recently inaugurated a railway line and passenger train service in the insurgency-infested Kanker district in North Bastar, Chhattisgarh. The much-awaited railway line, which connects Dallirajhara in Balod district to Bhanupratappur in North Bastar was flagged off by the Prime Minister via video-conferencing on the birth anniversary of the architect of Constitution Dr Babasaheb Ambedkar at village Jangla in Bijapur district.
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Iron ore stocks climb on falling exports, fragile demand 18.4.2018 Latest News
At the end of 2016-17, 148.66 million tonnes of iron ore had accumulated at the mine pit heads and the figure is estimated to breach 150 million tonnes by 2017-18 end
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Don't lay off mining workers, solution in 2 months: Goa BJP 17.4.2018 General News
The BJP today asked mining companies in Goa not to lay off staff due to the crisis the sector is currently facing, adding that a solution to it would be worked out in the next two months. The mining sector in the state has faced a shutdown since March 16, the date from which a Supreme Court order had banned extraction of iron ore. The SC order had quashed all 88 mining leases in Goa and had asked the state government to go in for fresh auction of these leases. Addressing a press conference, legislator and BJP spokesperson Nilesh Cabral today said that his party had been pulling out all stops to ensure that mining resumed in Goa as soon as possible. "We request mine owners not to take a hasty decision. Instead, wait for two months as a solution to the crisis is being worked out. I request all mine owners not to remove any staff right now," said Cabral. He said that the state unit had got assurances from Central leaders that they would work out some system to ensure that .
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Lloyds Metals & Energy receives permission for extraction at Surjagarh Iron Ore Mine 17.4.2018 General News
From Director of Mines Safety, Nagpur Region No. II
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BJP Fields Ex-Minister Gali Janardhan Reddy's Brother, Says "Compromise" 17.4.2018 NDTV News - Latest
The BJP second list of 82 names released this evening contained a surprise candidate -- Gali Somashekhara Reddy fielded from Bellary City -- which drew immediate jeers from the Congress....
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Illegal construction near historic Lalji temple: SC asks ASI to decide 15.4.2018 General News
The issue of ongoing illegal constructions within prohibited 200 metre area of the 279 year-old historic Lalji temple, dedicated to Lord Krishna, at Bardhaman in West Bengal has reached the Supreme Court, which asked the Archaeological Survey of India to decide the matter within four weeks. Built in 1739 AD by the Bardhaman royal family, the Lalji temple is ornamented with beautiful terracotta art and is a magnificent brick-built temple with 25 spires ('Panchavimshati Ratna') and is the oldest temple at Kalna in Bardhaman. The Archaeological Survey of India (ASI), through a notification issued in 1992, had declared areas up to 100 metres from the temple as protected. Later, the limit was raised to 200 metres by the ASI, which said that neither mining nor construction activities could be carried out within the prohibited area. A bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud said though the issue needed to be looked into urgently, the ASI ...
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Odisha slaps Rs 32 billion demand notice on Tata Steel, OMC & others 12.4.2018 Latest News
The Odisha government has slapped a demand notice on a string of chrome ore miners including its own PSU Odisha Mining Corporation (OMC).The demand notice seeks to recover Rs 32 billion for overproduction of chromite ore beyond the statutory limits. Notices have also been despatched to others like Tata Steel, Balasore Alloys, Ferro Alloys Corporation (FACOR), Indian Metals & Ferro Alloys Ltd (IMFA), Jindal Stainless Ltd, B C Mohanty, Mishrilal Mines and Industrial Development Corporation Ltd (IDCOL).The chromite leaseholders have been asked to shell out their share of compensation by May 10.Notices to chrome ore mines follows similar demand notices first served on iron and manganese ore mines and lately on Coal India subsidiary Mahanadi Coalfields Ltd (MCL). The state mines department after a Supreme Court order pronounced on August 2 , 2017 on illegal mining case in Odisha, had raised a demand amounting to Rs 175.76 billion on 131 iron ore and manganese mines. Later, MCL faced a .
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OMDC gallops after receiving mines 12.4.2018 General News
Orissa Minerals Development Company surged 10.79% to Rs 1,759 at 15:09 IST on BSE after the company said it has received six iron and manganese ore mines from the office of Government of Odisha.
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Vedanta's Q4 iron ore output in Goa falls 58 pc to 1.5 MT 11.4.2018 General News
Metal and mining giant Vedanta today said its iron ore production in Goa fell 58 per cent to 1.5 MT in March quarter due to lower demand for low grade ore and closure of mining operations in the state. In Goa, production and sales during the quarter were 1.5 MT(million tonne) and 2.4 MT, respectively, the company said in filing to BSE. "The production volumes were lower year-on-year primarily due to lower demand for low grade ore and mine closure pursuant to a Supreme Court judgement," it said. The apex court in an order dated February 7, 2018 directed mining operations in Goa to stop with effect from March 16, 2018. In Karnataka, the company's iron ore production stood at 0.1 MT. During the quarter, Vedanta's pig iron production stood at 1,82,000 tonne. Output of copper cathodes grew 3 per cent to 1,06,000 tonne from 1,03,000 tonne in the year-ago quarter. Aluminium production in the quarter stood at 4,77,000 tonne, up 35 per cent from the year-ago quarter. Alumina output was ...
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CITU threatens stir on captive mines for RINL 11.4.2018 Hindu: Diet & Nutrition
‘Fixed term employment is dangerous’
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SAIL, Jharkhand govt had opposed Centre's Saranda forest mining plan 10.4.2018 DNA: India
The Steel Authority of India (SAIL), the Jharkhand government and the Ministry of Steel had all opposed the Centre's draft plan on mining in the Saranda forest that proposed 'go, no-go zones and biodiversity hotspots', documents reviewed by DNA showed. After accepting the Indian Council of Forestry Research and Education's (ICFRE) expert report on carrying capacity survey of Saranda, the Environment Ministry proposed two mining zones, two conservation areas and three critical biodiversity hotspots for "sustainable mining" in the region. The ministry had also proposed that forest compartments in mining Zone-II would be considered only after exhausting mineral reserves in the mining Zone-I. The plan was prepared in the light of the recommendations of the Justice MB Shah inquiry commission report on the illegal mining in Jharkhand. The draft was shared with SAIL, Ministry of Steel and Jharkhand government in September 2016 to seek their responses. In their detailed response, all three had advocated doing ...
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Odisha miners cut iron ore price by 10% on improved supply 10.4.2018 Business Standard: Today
This is despite the indication by another big supplier government-owned NMDC to not slash ore prices in April
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Mining case: Karwar MLA fails to appear before Goa SIT 9.4.2018 deccanherald.com
Karnataka MLA Satish Sail, whose company is being probed by the Special Investigation Team (SIT) of the Goa police in connection with an illegal mining case, on Monday failed to appear before the investigating officer in Panaji. Sail, the Independent MLA representing Karwar constituency, sent a letter saying he could not appear before the IO (Investigation Officer) because his mother-in-law is unwell, said Superintendent of Police (Crime Branch) Karthik Kashyap. Sail was supposed to appear before the SIT at 11 am on Monday. "A fresh summons would be issued against the MLA," said the SP. The SIT is probing the alleged role of Sails firm- Mallikarjun Shipping Private Ltd--in illegal export of iron ore from Goa between 2007-2012, as pointed out by the Supreme Courts Centrally Empowered Committee. A summons was issued against Sail for recording his statement in connection with the case, said a senior crime branch official. The Central Empowered Committee had found that Sails company, along with ILC ...
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Karnataka MLA skips Goa Police summons in illegal mining case 9.4.2018 General News
Karnataka's independent MLA Santeesh Sail on Monday did not turn up for questioning by Goa Police Crime Branch in connection with a probe into the Rs 35,000 illegal mining scam.
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Value addition will bring more relevance to NMDC: Chairman Baijendra Kumar 9.4.2018 Business Standard: News Now
Instead of going for divestment at a later stage, as tried in the case of Nagarnar plant, the company wants to go with a private partner for such projects in the initial stage itself
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