Jan 07, 2013 10:42 AM IST
Depletion of high-quality coal and environmental concerns are a factor in the way states react, but coal is still a fuel of choice in emerging markets, says James O‘Connell.
- Jan 04, 2013 10:57 AM IST
India's largest iron ore producer NMDC slashed price for its most common grade, the iron ore lumps by almost 6 percent this month.
- Dec 24, 2012 07:11 PM IST
State public sector unit Gujarat Mineral Development Corporation (GMDC) will set up a global centre on mining safety and automation in Gujarat.
- Dec 14, 2012 10:19 PM IST
The central empowered committee has recently submitted its report on illegal mining in Goa to the Supreme Court and it doesn't contain much good news for industry. Infact, with the resumption of operations nowhere in sight, the state's mining industry is reaching breaking point. Here is a special ground report of CNBC-TV18's Vineetha Athrey.
- Dec 10, 2012 10:16 AM IST
Shares in Sesa Goa fall 2 percent after a panel appointed by India's top court recommended scrapping 42 iron ore mining leases in Goa until mining companies submit plans to deal with the environmental impact and the legal details involved, a lawyer who attended the hearings said.
- Dec 07, 2012 08:57 PM IST
Mining companies in Goa have violated rules and regulation in their operations and extraction of ores by them should not be permitted till environment impact assessment is done, a Central Empowered Committee told the Supreme Court today.
- Dec 05, 2012 08:00 PM IST
Main opposition Congress threatened to stall proceedings of the state assembly if the SAD-BJP government in Punjab did not formulate a comprehensive policy on mining benefitting the common man.
- Dec 05, 2012 04:00 PM IST
P Dwarakanath, CMD, BEML, says that BEML is facing some problems in the mining sector, where the company has stake of around 50-52 percent.
- Dec 04, 2012 08:28 PM IST
Australia today asked India to invest in the mining sector of the country, especially of coal and natural gas.
- Dec 01, 2012 10:36 AM IST
The country is likely to import around 15 million tonnes (MT) of iron ore this financial year, following the virtual halt of mining operations in different parts of the country, a top industry official said today.
- Nov 29, 2012 06:33 PM IST
After a massive crackdown on illegal mining, Odisha is working on ways to provide long-term iron ore linkages to steel firms located in the state through the state-run Odisha Mining Corporation.
- Nov 29, 2012 11:43 AM IST
PK Mukherjee, MD, Sesa Goa, says that CEC will follow the process like stoppage of mining to undertake processes like Reclamation and Rehabilitation (R&R) plan, fixing of boundaries and prescribing proper quantity that can be mined from Goa.
- Nov 07, 2012 01:52 PM IST
Tata Steel Ltd said on Wednesday it expects to amicably resolve the issue of a large fine imposed by the Odisha government for failing to adhere to mining norms in that state, insisting it has always acted within the law.
- Nov 06, 2012 02:32 PM IST
Oyu Tolgoi, Rio Tinto's flagship Mongolian copper-gold mine, is set to begin production in less than three months, after finally resolving the issue of power supply from neighbouring China that had caused delays to the nearly USD 6bn project.
- Oct 29, 2012 11:22 AM IST
India's biggest private iron ore exporter Sesa Goa expects some positive news on removal of iron ore mining restriction in Goa by end of next month, its Managing Director PK Mukherjee said on Monday.
- Oct 14, 2012 06:27 PM IST
IndusInd Bank has seen no impact so far on its vehicle finance business from the disruption of mining activities in many parts of the country, a top official has said.
- Oct 11, 2012 04:00 PM IST
Uncertainty over revival of mining activity in Goa in near future is forcing barge operators to scout for new locations outside the state. This is evident from the steady flow of applications the department of ports, which is authorised to register and regulate vessels, is receiving from barge owners seeking NOC to move out of the coastal state.
- Oct 09, 2012 12:46 PM IST
Miner Vedanta posted a 9 percent drop in metal mined from its Indian zinc operations in its second quarter, and said that saleable iron ore output plunged 86 percent, hit by mining bans and monsoon travel restrictions.
- Oct 04, 2012 01:07 PM IST
RK Goyal, MD of Kalyani Steel said the R&R plans are currently being implemented for category-A mines. Post regulatory clearances ore from the category-A mines are going to flow into the business, he added. He also expects 4.5 million tonne of ore to come from category-A mines in the next 12 months.
- Oct 04, 2012 12:53 PM IST
A charge sheet has been filed against BJP MLA, G Somasekhara Reddy, brother of arrested mining baron, G Janardhana Reddy and 13 others in connection with the alleged threat to the life of a top forest official investigating illegal mining in the district.
- Sep 11, 2012 09:26 AM IST
Bhavesh Chauhan, metal analyst at Angel Broking highlighted that silver lining for Sesa Goa is that Q2 is seasonally a weak quarter for them, so it may not impact much.
- Sep 03, 2012 12:59 PM IST
Giriraj Daga, metal analyst, Nirmal Bang, says that it was expected that the outcome would be positive on the event. It is clear that one uncertainty is out of the window.
- Aug 30, 2012 08:15 PM IST
Mining companies have their fingers crossed. The Supreme Court will once again take up the Karnataka mining ban case on the 31st August and there is hope that the ban on category â€˜A‘ mines could be lifted, reports Vineetha Athrey of CNBC-TV18.
- Aug 05, 2012 02:30 PM IST
To control the menace of illegal mining, the Centre has amended the Mineral Concession Rules (MCR) and have vested powers with the state governments to cancel licences if a person holding the lease is convicted of carrying out unauthorised mining.
- Jul 25, 2012 07:14 PM IST
Vedanta group firm Sesa Goa is hopeful of resuming mining in Karnataka by October as a Supreme Court appointed panel has agreed to the company's R&R plan in the state, a top official said today.