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Govt panel may suggest hike in royalty fees

Govt panel may suggest hike in royalty fees

A committee appointed by the union government to recommend on the amount of royalty to be paid by iron ore miners to state governments would submit its report in the next few weeks, media reports indicate. According to source-based information, the committee would suggest the government to raise the royalty fees of iron ore miners by 50 percent

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CIL plans to rope in private miners to boost output

CIL plans to rope in private miners to boost output

n order to boost domestic coal output and reduce imports of the fuel, Coal India (CIL) plans to award mining contracts to private mining firms on public-private partnership (PPP) model. Reports suggest that global miners like Rio Tinto, BHP Billiton may partner