Thursday 30 July 2015

Goa's Oldest Online News Portal

Economy | Mining

Despite price crash, Vedanta plans Goa mining from Oct

Billionaire Anil Agarwal-led mining firm Vedanta Ltd on Saturday said it is hopeful of restarting iron ore mining in Goa from October. READ

57 mines get pollution clearance, 12 still pending

Goa Pollution Control Board has finally granted licenses to 57 mining leases, holding permission to 12 more. READ

GSPCB to decide fate of 61 mines tomorrow

The Goa state pollution control board (GSPCB) will decide the fate of applications submitted by different firms, seeking approval to operate 61 iron ore mining leases in the state. READ

Goa, Odisha, Jharkhand fail to file ATR on illegal mining

Three states of Goa, Odisha and Jharkhand have not submitted the latest action taken reports on steps taken to curb illegal mining even after a high level panel raised the issue in September last year. READ

Probe closed into 2 illegal mining cases involving ex-CM

The Special Investigation Team (SIT) of Goa Police probing cases of illegal mining in the state, has recommended closure of two of the fifteen such cases for “lack of evidence”. READ

ED slaps FOREX violation notice against mine owner

Enforcement Directorate (ED) has slapped a Rs 136 crore show cause notice on a mining firm for alleged violation of FOREX laws in connection with its probe in the illegal exploration of iron ore in ... READ

Goa BJP also reduces mining lease fee, from 100% to 5%

The BJP-led Goa government today decided to drastically reduce the registration fee for mining leases from 100 per cent to five per cent of the stamp duty. READ

To benefit Goa, Centre cuts export duty on iron ore

India will cut an export tax on low-grade iron ore to 10 percent from 30 percent, Finance Minister Arun Jaitley said on Thursday, in a big boost for top exporting state Goa which is close ... READ

How can we mine with high export duty, asks mining industry

Iron ore exports from Goa are not likely to resume in near future due to various factors like 'steep' duty, upcoming monsoon season and pending regulatory permissions. READ

298 mining loans settled with OTS, over 7700 still pending

A large number of people dependent on mining industry in Goa who had huge bank borrowings have now opted for One Time Settlement Scheme launched by the state government fearing bad debts. READ