In an interview to CNBC-TV18, K Raman, Director Finance at Sandur Manganese spoke about the latest happenings in the company and gave his outlook for the future.

Hope to clear 1.6 MT of iron ore production: Sandur Manganese

The company will have a turnover of around Rs 200-300 crore in FY17, says Ghorpade. He did not give a strict guidance due to instability in iron ore and manganese prices. The company was plagued with the same issue last fiscal when its turnover for manganese was Rs 17 crore and 47 crore for iron ore.

Need clarity on prospecting process in mining policy: Sandur

Prospecting is a largescale effort undertaken by explorers to find viable mineral reserves. Nazim Sheikh, Joint Managing Director of Sandur Manganese, said that there is lack of clarity process of appointing a company for prospecting of reserves before the auctions.

Ore output to rise to 1.6 MT in a couple of months: Sandur

Sandur Manganese is looking to scale up the iron ore capacity to 3.5 mtpa in two to three years, says Nazim Sheikh, Joint Managing Director of the company.

Sandur Manganese mines shut as lease expires

The company's mining lease expired on December 31, 2013. However, the mangement is hopeful of getting a temperory extension.