Central Empowered Committee

"The central empowered committee (CEC), constituted by the Supreme Court of India, has approved enhancement of manganese ore production limit to 0.254 million tonnes per annum," says the company in its filing.

K'taka mines produce just 25% ore; CEC steps in

They may have finally got the SC's green signal, but Karnataka's mines are still not functioning in full force. So far 77 mines have implemented Reclamation & Rehabilitation, which is a prerequisite to restart mining, but only 19 have started operations.

No instant relief to Karnataka steelmakers: India Ratings

India Ratings & Research (Ind-Ra) believes that the Supreme Court verdict on lifting mining ban on Karnataka's category-B (with moderate irregularities) iron ore mines will not result in instant gains for regional steelmakers and miners.

Vexed Goa mining industry pins hope on SC hearing on Dec 7

Mining companies and stakeholders in Goa have pinned their hopes on the impleadment petitions they filed in the Supreme Court in connection with the current cessation in the export and transportation of iron ore from the state, which will come up for hearing on December 7.

SC notice to Centre, Rajasthan & Haryana on illegal mining

The Supreme Court today sought response from the Centre and the Rajasthan and Haryana governments on allegations that large scale illegal mining and depletion of forest cover was taking place in the two states.

Await CEC report on K'tka mines, exit Max India: Tulsian

SP Tulsian of sptulsian.com, asks investors to wait till April 20 when the report of the Central Empowered Committee, will submit its report. He also calls Max India "boring" and advises exit of the stock as quickly as possible

Karnataka to abide by SC order on illegal mining: Sadananda

Karnataka Government would abide by the Supreme Court decision on the recommendation of Central Empowered Committee to extend CBI probe into illegal mining in the state, Chief Minister D V Sadananda Gowda said today.

Are metals going mute? Edelweiss reads deep cuts all over

Post reports of the CEC recommendations, metal companies have announced an expected a highly possible impact in the EBITDA. Prasad Baji, senior vice president of institutional equities – research at Edelweiss Securities says the metal space front liner Sesa Goa is all set to see an impact of 18-20% on the EBITDA front.

SC forms joint team to survey 'illegal mining' in Karnataka

The Supreme Court today set up a team to conduct survey and demarcation of 99 iron ore mines in Bellary-Hospet forest region of Karnataka to identify sites of alleged illegal mining and directed that violators will have to stop work in their entire lease area.

SC restrains 19 leaseholders from mining in Karnataka

The Supreme Court on Friday restrained 19 mining lease holders in Bellary-Hospet region of Karnataka from carrying out any mining activities, including transportation of extracted iron ores, till its further orders.