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No mine leases within 10 km of protected zones in Goa

No mine leases within 10 km of protected zones in Goa

Pertaining to iron ore mines in Goa, the Expert Appraisal Committee (EAC) will not clear the environment clearances (ECs) of mining leases lying within 10 km of protected areas until the Union Ministry of Environment and Forest (MoEF) decides on buffer zones or

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Ore miners want govt to relax export restriction

Ore miners want govt to relax export restriction

Iron ore miners want the government to withdraw the 30 per cent export duty on ore and removal of differential railway freight charged on ore meant for exports.Recently, Prime Minister Manmohan Singh said the government would do the needful to smoothen iron ore export to boost overall exports and bring down the curr

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Odisha govt wants to reserve mines to OMC

Odisha govt wants to reserve mines to OMC

If the state government's plan goes well, Odisha Mining Corporation (OMC) would get all the remaining mineral bearing areas in the state. Odisha government would write a letter to the union government defending its stand to reserve all balance mineral bearing areas of the state not already held under any

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Meghalaya govt to reconsider mining policy

Meghalaya govt to reconsider mining policy

In order to address the concerns of all stakeholders, Meghalaya government decided to reconsider the state Mines and Minerals Policy, 2012 and implement it after holding wide consultations with them. It may be recalled that the state Mines and Minerals Policy, 2012 allows miners to continue with rat-hole coal

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Mineral production in May higher than April: Govt

Mineral production in May higher than April: Govt

The Union government says that the index of mineral production of mining and quarrying sector in May 2013 was higher by 1.6 per cent compared to that of the preceding month. The mineral sector has shown a negative growth of 5.7 per cent during May 2013 as compared to that of the corresponding month of previous year. The total value of mineral production (excluding atomic & minor minerals) in the country during May 2013 was Rs 18,074 crore.

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NGT seeks report on mining dumps from Goa govt

NGT seeks report on mining dumps from Goa govt

By August 8, Goa government has been asked to submit details on the extent of mining dumps in and outside lease areas in the state to the national green tribunal (NGT). At a recent hearing, the tribunal received an assurance from the state government counsel that a complete report about the dumps will be filed and that it will be a common one for all the mine operators named as resp

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India imported 78% less ore in June quarter

India imported 78% less ore in June quarter

Unconfirmed reports indicate that India imported 185,113 tonne of iron ore during April-June 3013 and this is 78 per cent lower than 826,372 tonne imported in the year-ago period. By the end of August, the government would officially release data on iron ore import, reports indicate.India was once the third-largest exporter of iron ore in the world, exporting about 98 million tonne, or 47 per cent

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Major ports witness rise in coal cargo

Major ports witness rise in coal cargo

The 12 major ports in the country witnessed 43.96 percent rise in the handling of thermal coal cargo at 19 million tonne (mn t) during Apr-Jun 2013 from the year-ago period. This include mostly the import of thermal coal for power plants in the country. At a time when growth in the general cargo volume is stagnant across all major ports, the rise in the import of coal by domestic power producers may provide relief for these ports, reports

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Experts seek revamp of royalty policy

Experts seek revamp of royalty policy

Experts argue that the mining industry in India is subject to adhoc and arbitrary royalty regime by the government. They argue that faulty royalty regime is one of the issues plaguing the sector. Industry observers feel that royalty rates of all metals were increased to figures much above the global standards