Wednesday 23 July 2014

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Economy | Mining

Govts should decide economic trajectory, not Courts: CM

In an oblique reference to judicial intervention in matters related to environment, BJP's Goa Chief Minister Manohar Parrikar today said only governments should decide on the economic trajectory of India. READ

Goa Govt plans to 'regularise' illegal mining

Goa's soon to be announced state mining policy would device means to regularise iron ore mined during 2007-2012, which was termed "illegal" by a recent Supreme Court judgement. READ

Budget proposals will help mining resumption: GMOEA

Goa's beleaguered mining industry today said certain proposals in the Union Budget are expected to help the resumption of iron ore extraction, which had been stalled in the State since the last two years. READ

Mining Cos 'trespassing' into mining leases: Claude

Goa Foundation, a Goa-based NGO, which had successfully petitioned the Supreme Court against illegal mining today alleged that mine owners are occupying leases after the apex court order, amounting to trespassing into government property. READ

What to change in MMDR act is yet to be decided: Parrikar

Chief Minister Manohar Parrikar has said the central government has not yet decided in what manner the MMDR act would be changed to resolve the mining impasse. READ

Centre to change MMDR Act to break mining impasse, to hike royalty

The ruling Bharatiya Janata Party has decided to amend the MMDR Act to resolve the ongoing impasse in the iron ore mining sector, which has also hit Goa. READ

Sesa expects 6-fold growth with Goa mining resumption by Sept

Sesa Sterlite Ltd expects its iron ore output to surge six fold this fiscal year as it resumes production in Goa in September after a 19-month mining ban in the state, an executive of the ... READ

PWD trying to reduce manganese content in drinking water

Goa's Public Works Department has begun an exercise to contain Manganese content in Selaulim reservoir, the water body that supplies potable water to 80 per cent of the state's population. READ

Parrikar objects to mining cap by SC

Goa Chief Minister Manohar Parrikar has taken objection to capping of iron ore production in the state in the name of 'intergenerational equity'. READ

Corp Bank offers ATS to mining sector

State-run Corporation Bank today said it is willing to restructure or offer a one-time settlement to the struggling miners in Goa to help them tide over the crisis arising from closure of mines. READ