All hopes are set on the new government that will drive the country's growth in the coming times. While a number of policies and bills were passed towards the end of the last government's term, there are still a number of pending bills that are important for the people,
Tag: Mining
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Supreme Court allows iron ore mining in Goa
The Supreme Court allowed mining to resume in Goa, subject to an annual cap of 20 million tonne from leases other than dumps, lifting a ban that it imposed in 2012 but disallowing all so-called deemed lease holders from continuing with the activity.
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MoEF defers decision regarding Rajgammar UG coal block
The environment ministry has deferred a decision on granting clearance to underground coal mining project of Monnet Ispat & Energy Ltd in the state of Chhattisgarh. The said company is seeking environment clearance for Rajgammar underground coal mine project located in Korba district of Chhattisgarh.
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Speedy R and R is good news
Year 2013-14 was probably the most chaotic environment for mining sector as the so-called "coalgate" scam continued to haunt the industry and many coal blocks at in a danger of being deallocated. Inordinate delays in clearances further dragged the mining sector backward.
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Towards more scientific mining processes
Disregard to science and engineering of mining should be a big concern especially when it comes to giving the land back to the environment it came from. Mining companies have a lot to do in ensuring a stable environment,
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We expect a positive trend in mining
Sadbhav has performed exceptionally well in mining sector and performed beyond its set targets so far. We are positively expecting this trend to continue in coming years. I see tremendous potential in the segment
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MPT turns adverse situation into a biz opportunity
Though mining in Goa has been banned, the Mormugao Port Trust (MPT) has successfully turned the adverse situation into its favour by attracting new cargo to the port. The port said that now it expects tremendous amount of cargo from neighbouring states into through the MPT.
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Projects cleared by Project Monitoring Group
Following is the list of the projects which was cleared by Project Monitoring Group
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Exporters take advantage of rise in price, rupee weakness
Mining firms are exporting iron ore in a big way on the back of increase in the price of the commodity in the global market and depreciation of rupee. Many miners are exporting iron ore fines and pellets to China as the price of the commodity rose considerably in recent days. Sources indicate that the prices of pellets rose from Rs 6,200 per tonne a month ago to Rs 6,700 per t
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House panel wants govt to discourage ore export
Government must gradually reduce iron ore exports to ensure that adequate quantity of this mineral is available for domestic requirement, a Parliamentary standing committee said. In its report, the Parliamentary Standing Committee on Coal and Steel suggested raising the export duty on iron ore beyond the existing 30 per cent. The report was table