Tom Albanese, chief executive officer, Sesa Sterlite, says he expects iron ore mining to start sooner in Karnataka than in Goa.

Still working on merger plan for Sesa, HZL & Cairn: Vedanta

Anil Agarwal, group chairman, Vedanta Resources told CNBC-TV18‘s Menaka Doshi that the company wants to create an Indian natural resources giant, which can compete with the likes of Rio Tinto.

Exploring merger of Cairn, HZL into Sesa: Tom Albanese

Although uncertainty looms in coal sector post deallocations, Tom Albanese, CEO, Sesa Sterlite is encouraged by government's prompt moves on coal block auctions and sees opportunities for demand growth in India, as global oil environment has been incredibly dynamic lately.

Q2 has been solid, but see better H2FY15: Sesa Sterlite

Tom Albanese, chief executive office, Sesa Sterlite, says the Q2 business saw a significant improvement on sequential basis and the strong earnings come in a subdues environment.

Vedanta aims to hike iron ore production of Sesa Sterlite

Tom Albanese, MD & CEO, Vedanta said the company would be very happy to participate in the auction process in case the government decides to sell its residual stake in Hindustan Zinc and Hindalco via auction.

Not part of cartel; Rs 5k/tn fixed for 61 grade: Sesa

PK Mukherjee, ED of Sesa Sterlite says floor price for 61-grade was fixed at Rs 5,000/ tonne and the company will continue to participate in e-auctions. He refuses to follow prices quoted by NMDC.

Can use Goa's 8-10MT inventory once ban is lifted: Sesa Goa

Speaking to CNBC-TV18, PK Mukherjee, managing director, Sesa Goa says that the Goa mine has 8-10 million tonne of inventory and if it were to be exported soon, it could lead to a huge gain for the country.

Allow ore to be sold; look into ban: Sesa Goa

The mining industry gave its thumbs up to the intent, but also felt that it should have been done earlier. PK Mukherjee, CEO of Sesa Goa says that mined out ores have been piling up and it must be allowed to be sold, transported or exported.

Sesa Goa confident of mining 2.29 mn tonne ore by FY14 end

Mining ban hit Sesa Goa is confident to mine 2.29 million tonne of iron ore from its Narrain mine in Karnataka by current financial year end.

Sesa Goa to ride FY14 on Karnataka ops: MD

“Sesa Goa is awaiting statutory clearances, including forest clearance that expired in October 2012 and will resume mining in Karnataka,” PK Mukherjee, managing director, Sesa Goa told CNBC-TV18 in an exclusive interview.

Will start production from Karnataka mine in May: Sesa Goa

Iron ore miner Sesa Goa is confident to start production at its Narrain mine located at Chitradurga in Karnataka by May, following a Supreme Court order issued today, which lifted one and half year long mining ban in the state.

Sesa Goa hopeful of resuming mining as SC concludes hearing

In an interview with CNBC-TV18, PK Mukherjee, managing director, Sesa Goa said that his company is eagerly waiting for the SC order and is also hopeful of starting operations soon

SC may allow Sesa Goa's K'taka mines to resume operations

The Supreme Court may soon allow Sesa Goa‘s 6-million-tonne Narrain mine in Chitradurga to resume operations.

CEC may recommend restart of mining with riders: Sesa Goa

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.

Sesa Goa expects SC to lift mining ban by June

Sesa Goa expects the Supreme Court to lift mining ban in Karnataka by June-July this year. The company‘s iron ore production declined 27% to 13.80 million tonnes (MT) in FY12 due to this mining ban. The SC had banned mining in Karnataka last year due to environmental concerns

Welcome Goa govt's measures to improve governance: Sesa Goa

Managing director of Sesa Goa PK Mukherjee tells CNBC-TV18 that he welcomes the measures proposed to improve governance by the Goa government in their Budget.

New structure will enhance shareholder value: Anil Agarwal

Speaking to CNBC-TV18, Agarwal said, he felt it was unnecessary to have two holding companies.

Karnataka mining operation to restart by December: Sesa Goa

PK Mukherjee, managing director of Sesa Goa hopes mining operations to restart in Karnataka by December-end. He also feels that the shortfall in Karnataka would come down by 1.5-2 metric tonne. Sesa Goa projected a shortfall of 4-5 metric tonne in Karnataka post the mining ban. However, Mukherjee expects prices to be robust going forward.

New mining bill can dig EPS pains for major miners: Experts

The Cabinet today cleared the new Mines and Minerals Development and Regulation Bill, 2011. The new bill mandates a 26% post tax profit-sharing by coal miners for the project-affected people. While the step aims to benefit tribals in the minning areas, experts say the move is all set to push down profits of major mining and power companies.

Sesa Goa awaits final SC ruling on iron ore ban

PK Mukherjee, managing director of Sesa Goa said that according to CEC report, Chitradurga sector is a better sector compared to other sectors; however, the company will wait for the final Supreme Court order. "Karnataka's iron ore volume could be impacted by 25%," added Mukherjee.

No ban on Sesa Goa's operations, says MD

In an exclusive interview to CNBC-TV18, PK Mukherjee, managing director of Sesa Goa clears the air by saying that there was no ban on the company’s mining operations in Karnataka.

SFIO dig: Sesa Goa says hasn't got investigation report yet

Recent reports suggest that corporate fraud investigation body SFIO has recommended prosecution against Sesa Goa. The mine major has been charged on nine grounds, including over and under invoicing of export and import of over Rs 1,000 crore.

Sesa Goa eyes 20% volume growth in FY12 minus Karnataka ban

The managing director of Sesa Goa, PK Mukherjee in an interview on CNBC-TV18, spoke about the company’s third quarter results. He also spoke about the outlook of the company going forward.

Stake buy in Cairn India not part of open offer: Sesa Goa

Petronas sold its 14.98% in Cairn India. Sources have indicated that Sesa Goa has picked up nearly 10.4% of that stake. In an interview with CNBC-TV18, PK Mukherjee, MD of Sesa Goa, spoke about this move and their outlook going forward.

K'taka export ban not lifted, only stayed by SC: Sesa Goa

PK Mukherjee, MD of Sesa Goa, in an interview with Udayan Mukherjee and Mitali Mukherjee, spoke about the latest happenings in his company and gave his outlook for the company going forward.