Limestone

Tamil Nadu may levy Rs 160/t on limestone; Dalmia Bharat, Ramco Cements, India Cements impacted

In Tamil Nadu, cement prices have been on a declining trend, especially over the past couple of years as a result of the fight for market share.

JK Lakshmi Cement, Shree Cement eyeing offshore mining foray to secure lime mud

In 2018, the Geological Survey of India (GSI) discovered potential zones of high grade limemud and limesand off Gujarat and Maharashtra coasts. These are useful for cement companies that can cut down on the raw material import bills.

Govt plans to auction 6 mineral blocks in January

Of these six blocks to be auctioned, three are bauxite mines and three are limestone blocks.

Odisha cabinet okays proposal to bring lime stone under long-term linkage policy

These industries will henceforth be getting their lime stone supply through Odisha Mining Corporation Limited (OMC), said Chief Secretary SC Mohapatra.

Mineral production up 13% in first 11 months of FY22: Ministry of mines

The index of mineral production of mining and quarrying sector for February 2022 was 123.2, which was 4.5 percent higher than a year ago.

SC notice to Centre on appeal against UltraTech Cement's limestone mining project in Gujarat

A bench comprising Justices D Y Chandrachud and M R Shah issued notices to the Ministry of Environment and Forests, Gujarat Pollution Control Board, UltraTech Cement, Uncha Kotda Gram Panchayat and others.

Incentives on anvil for mineral blocks: Mines Secretary

In a bid to attract private investors, the government will provide incentives for the exploration of 50-60 blocks bearing minerals like iron ore and limestone, a top official said today.

States gear up to auction 70 mineral blocks in FY'18

Jharkhand, Chhattisgarh and Odisha are among the states that are preparing for auction of around 70 mineral blocks like iron ore, limestone and bauxite in the next financial year.

Expect huge gains from 250 mineral blocks' auction: Mines Secy

The deposits in these mines include iron-ore, bauxite, manganese, limestone as well as dolomite and their leases have lapsed this month in the absence of forest and environment clearances, required for execution of a lease deed.

Mines auction picks up pace, states to get Rs59,500 cr revenue

The mines auction, which kicked off earlier this year, is now pulling investors in hordes as 10 companies snapped up 16 mines, translating into a revenue of close to Rs 59,500 crore for states.

Seaways Shipping bags limestone imports contract from SAIL

The quantity expected to be handled during the two-year contract is around 8 lakh metric tonnes. The company has already handled 48,000 metric tonnes of limestone cargo that came in two ships in September and is now gearing up to receive the next vessel, a statement issued here said today.

India mines minerals worth Rs 17,339 cr in July

That was followed by petroleum (crude) at Rs 5,593 crore, natural gas (utilised) at Rs 2,165 crore, iron ore at Rs 1,347 crore, limestone at Rs 554 crore and Lignite at Rs 535 crore, it added.

Birla Corp to set up clinker plant in Maharashtra

Cement accounted for 91.34 percent of its total sales in 2015-16. The company's turnover stood at Rs 3,768.42 crore in the period.

Govt to set up online portal for monitoring mine clearances

At the first meeting of the inter-ministerial group (IMG) held earlier this month, it was decided that a software should be installed for such online monitoring to expedite post-auction clearances, a senior official said.

Six months on, few takers for auction of mineral blocks

Six months after auction process was initiated for 43 mines across 12-mineral bearing states, only six blocks have managed to find buyers

Govt to get Rs 5800 cr from country's 1st mine lease auction

Steel and Mines Minister Narendra Singh Tomar in a tweet congratulated Chhattisgarh government and the Mines Ministry "for bumper success of mining lease auction done for the first time in country".

States offer 16 iron ore, 23 limestone blocks for auction

In the case of limestone, Andhra Pradesh has put up six blocks for auction followed by Gujarat (5), Chhattisgarh (4), Rajasthan (3), Odisha and Jharkhand two each and Maharashtra had placed one block under the hammer, they added.

Here's how GST would impact the cement industry

CNBC-TV18‘s Menaka Doshi in a special series â€˜Hello GST‘ analysis the impact of GST on the cement industry and the bill may not prove to be a positive for the industry.

BlueStone raises Rs 100cr from Accel, IVY Cap & others

The Rs 100 crore funding is led by Accel Partners, IVY Capital and Dragoneer, with participation from Kalaari Capital and Saama Capital, BlueStone.com said in a statement. Avendus Capital was brought in as advisor for this transaction, it added.

Govt notifies rules of Mines and Minerals Act

State governments have been empowered to conduct the auction. They will identify and demarcate areas for minerals auction. This will entail two rounds of minerals auction - technical and financial round.

Rail Budget 2015: Freight rate hike may push up commodity prices

The railway Budget proposals, presented by Railway Minister Suresh Prabhu in Parliament Today, proposed to hike freight rates for 12 commodities in the range of 0.8 percent to 10 percent.

Mineral output down 5.7% in May, value is Rs 18,074 cr

India's mineral output fell 5.7 percent in May. The total value of the production stood at Rs 18,074 crore in the month under review. The index of mineral production of mining and quarrying sector in May 2013 was higher by 1.6 percent compared to that of April.