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
Tag: Mineral
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SC asks govt to reveal procedure adopted for block allocation
Union government was asked by the Supreme Court to explain the procedure and methodology adopted for the allocation of 164 coal blocks. The apex court asked the central government to submit an affidavit, along with supporting material, explaining the above details. The court passed this order after going through the status report submitted by Central Bureau of Investigation (CBI)
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Odisha govt’s resolution does not pass legal scrutiny
Media reports indicate that the Odisha government may withdraw its earlier decision to mandate mine lessees in the state without end-use plants to sell at least 50 per cent of their output to local industries. On December 5, 2012, the steel & mines department notified the resolution to this effect. However, the law department of the state government has not cleared the resolution as it feels the move may not p
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Odisha govt to introduce e-auction after conducting study
Odisha government plans to conduct e-auction of iron ore in the state after studying the same in Karnataka. For this purpose, two officials from Odisha steel and mines department and one from CSM technology would visit Karnataka and study iron ore e auction patterns, modalities and challenges in the state. Following a Supreme Court order in 2011, e-auction of minerals is being conducted in Karnataka and this in
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Odisha govt to introduce e-auction after conducting study
Odisha government plans to conduct e-auction of iron ore in the state after studying the same in Karnataka. For this purpose, two officials from Odisha steel and mines department and one from CSM technology would visit Karnataka and study iron ore e auction patterns, modalities and challenges in the state. Following a Supreme Court order in 2011, e-auction of minerals is being conducted in Karnataka and this in
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Goa govt to apprise SC on action against illegal mining
Goa government is taking steps to address the issue of illegal mining in the state and it would apprise the Supreme Court about the measures taken by when the matter comes up for hearing on July 10, reports indicate. Among the measures initiated by the state are adoption of differential global positioning systems (DGPS) mapping, regularization of dumps, e-filling. The state government is learnt to have addressed mining issues in four areas out of the six areas of conc
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Govt to table 1st report of panel in Parliament
The government would table the first report of the Justice MB Shah Commission on the alleged illegal mining activity in Odisha in Parliament soon. Recently, the panel submitted the 1,500 page-long first report to the Union mines ministry. Although the report is not in public domain, it is felt that
the report may contain preliminary observations, suggestion and overall findings besides conclusions on illega
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Govt idenfies 8 lignite blocks for auction via competitive bidding
Under Competitive Bidding of Coal Mine Rules, 2012, the central government would auction eight lignite blocks, five of them in Gujarat and three in Rajasthan. However, the government has not announced when these blocks would be put on auction. The estimated reserves in these blocks are not known immediately as they are not completely explored. On June
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Govt may not wait for Parliament nod for bill
The government has decided not to wait for the passage of the Coal Regulatory Bill in Parliament during the Monsoon session and instead go ahead with notifying setting up of the Coal Regulatory Authority (CRA) through an executive order, reports indicate. Some reports suggest that the government may resort to the executive order route to adopt the coal regulatory bill, thereby superseding the time-consuming Parl
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Govt to set up coal regulatory authority fund
The central government would set up a fund called ‘The Coal Regulatory Authority Fund” to credit all grants, fee and charges received by the authority. After passing of the Coal Regulatory Authority Bill, 2013, details would be worked out and submitted to the government for appropriate financial sanction for the initial start-up funding, a government press release said. The government said this in a press release after the cabinet cleared the proposal for setting up of an independent regulatory