May 27, 2015 at 15:03 | Source: Reuters
A mining ban that had been in place in Goa since September 2012 was lifted last year, but the resumption of operations was delayed while the government gave environmental clearance.
Apr 29, 2015 at 18:30 | Source: PTI
Iron ore exports were at 4.38 million tonnes (MT) in April-October period of 2014-15 while there are 596 non-working mines in the country.
Apr 06, 2015 at 15:39 | Source: Reuters
Formerly the world's No. 3 supplier of iron ore, India has been importing it over the past three years due to court-imposed restrictions aimed at curbing illegal mining in the major producing states of Karnataka and Goa.
Mar 27, 2015 at 10:44 | Source: Moneycontrol.com
Sesa Sterlite Ltd has informed BSE that Hon'ble High Court of Bombay at Goa had approved the Scheme of Amalgamation of the Goa Energy Limited with the Company on March 12, 2015. Subsequent to filling the necessary forms, the merger Scheme is effective from March 24, 2015.
Mar 26, 2015 at 09:35 | Source: PTI
Mining is a key source of revenue for the coastal state. Goa is estimated to have lost a revenue of Rs 900 crore after mining activity came to a halt over two years ago following allegations of large-scale illegal extraction of iron ore.
Mar 18, 2015 at 12:33 | Source: Moneycontrol.com
Deutsche Bank says it is a long term positive development for Sesa Sterlite, which was one of the major iron ore producers in the state before the restrictions. The brokerage maintains a hold rating with a target price of Rs 225 per share.
Mar 18, 2015 at 11:00 | Source: Moneycontrol.com
Sesa Sterlite, JSW Steel and Kalyani Steel are in focus as the environment ministry lifted the three-year ban on Goa mining yesterday. Deutsche Bank says it is a long term positive development for Sesa Sterlite which was one of the major iron ore producers in the state before the restrictions.
Mar 17, 2015 at 18:55 | Source: PTI
In a major step towards resumption of mining, union ministry of environment and forest on Tuesday ordered revocation of suspension on the environment clearances on state's mining leases.
Mar 11, 2015 at 22:15 | Source: PTI
The coal block was earlier alloted to Maharashtra State Power Generation Co and Tamil Nadu State Electricity Board. The government had earlier invited applications for 36 coal blocks for allotment but later decided to add more mines and is allotting 43 mines to PSUs. Of the 43 mines, 42 are for power sector and one is for steel sector.
Feb 28, 2015 at 16:51 | Source: PTI
Goa Mineral Ore Exports Association (GMOEA) Secretary Glenn Kalavampara told reporters here that they had a lot of expectations from the Budget, especially on a complete scrapping or cut in export duty.