Commercial mines are alloted without specifying the end use and allow private entities to sell the fuel to buyers across sectors such as power, cement and steel
The Supreme Court had passed an order in 2014 deallocating 214 mines.
The leading zinc producer is also expanding metal production capacity to 1.2 million tonnes (MT) by 2019-20 from around 1 million ton at present.
Digambar Kamat, former Goa CM, who held mining portfolio is being investigated by the Crime Branch along with several officials and mining firms in connection with illegal mining in the state between 2005-2012.
Here's a quick lowdown of the movers and shakers on Day 1 at the first ever Global Natural Resources Conclave in New Delhi.
"We should use as much swadeshi as possible for normal consumption," Agarwal said, adding that the company's entire production is consumed within India.
Research firm has a overweight call on the stock, citing the company being fastest-growing aluminium and zinc firm in the world; sees risks to balance sheet going down.
The company pledges to raise women board representation to 33 percent by 2020, the global natural resources firm said in a statement.
Industries, mine owners and contractors in Odisha owe Rs 7446.73 crore to the state government through water tax, sales tax, entry tax, excise duty, electricity dues and mineral royalty, State Finance Minister Pradip Kumar Amat said.
The company, which makes premium trucks for specialised sectors like mining, buses and construction equipment, also aims to cut logistics cost by achieving greater efficiency and minimising wastage.
Just over a year after the December 2015 Paris agreement on lowering global carbon emissions, mining bosses meeting in Cape Town this week said coal could be central for decades to come.
Government will open up commercial mining of coal next fiscal and four dry fuel mines will go under the hammer in the first phase.
As many as 128 pacts worth about Rs 4.25 lakh crore in sectors like healthcare and mining were signed on the first day of the Andhra Pradesh investment summit here today.
With thrust on environment and mineral conservation, Indian Bureau of Mines has asked mining companies to take steps for proper water discharge, solid waste management and controlling air pollution in mining areas.
The environment ministry has dropped a Rs 50,000 crore mining project proposal from ArcelorMittal.
The accident on December 29 at the Lalmatia mine, one of India's largest,forced a complete halt in production of the 50,000 tonnes of coal mined daily.
Centre has relaxed norms so that states can grant leases even if environment clearances are pending, a move that will benefit around 60 companies
Delays on procedural and environmental clearances may make more than 100 companies ineligible to obtain mining leases despite having letters of intent from state governments
The index of mineral production of the mining and quarrying sector for October declined by 1.1 per cent while the total value of the mineral output during the month was estimated at Rs 19,359 crore.
The matter relates to a PIL petition by social activist Traffic Ramaswamy on which the court had appointed IAS officer U Sagayam as the Legal Commissioner to probe the allegations of illegal mining.
The Geological Survey of India today unveiled its Online Core Business Integrated System (OCBIS), a step forward towards a suitable ecosystem around the newly unveiled National Mineral Exploration Policy.
Last month, Tata Steel in another filing had informed the exchanges about its plans to allot NCDs worth Rs 1,000 crore. The tenure of the securities is 10 years.
The firm led by billionaire Anil Agrawal has a custom smelter, a refinery, phosphoric acid plant, sulphuric acid plant, copper rod plant and three captive power plants at Tuticorin (Tamil Nadu) as well as a refinery and two copper rod plants at Silvassa (Dadra and Nagar Haveli).