Thursday 26 November 2015

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Economy | Mining

SC issues notices to Goa Govt and mining Cos for lease renewals

The Supreme Court on Tuesday issued notices to the Goa government and several mining lessees in the state after the non-profit Goa Foundation questioned the renewal of 89 mining leases. READ

Mining Cos destroying Mayem lake and fields, allege striking farmers

The barge owners and truck owners were paid compensation after mining was banned since 2012, but not the farmers whose fields are destroyed by the mining companies. READ

SC refuses to stay mining lease renewals, hearing continues

The Supreme Court (SC) on Friday refused to direct the Goa government to maintain status quo with regard to the renewal of 88 mining leases, including that of Vedanta Ltd (erstwhile Sesa Sterlite), in the ... READ

Vedanta threatens to shut down mining in Goa

Vedanta Limited has threatened to ‘close-down’ its mining activities in Goa citing violent attacks against its employees by truck owners who have brought operations to a standstill. READ

Ore export a loss even with 10% export duty: Goa miners

The export-oriented iron ore mining industry in Goa has urged the government to remove the export duty on the ore and special permission to dump wastes outside the mines. READ

Goa restarts exporting ore to China, promises to make it duty-free

After a gap of three long years, Goa today exported first consignment of iron ore to China, of 57 grade, at a mere price of USD 40 per tonne. READ

At slashed price, Goa miners ready to export 20 MT ore

Miners in Goa expect to sell 20 million tonnes (MT) of iron ore that they have been allowed to mine from the state and are prepared to slash prices in a bid to make their ... READ

With poor response for e-auction, Goa Govt urges SC to reduce ore price

Goa government has requested the Supreme Court to allow to e-auction the iron ore at a realistic price by reducing the existing price. READ

Mining capped at 20 MT; Vedanta alone plans 25% of its export

London-listed metals group Vedanta resources Plc said it would export 5.5 million tonnes (mt) of iron ore from its mines in Goa by March as the company restarts operations with the permission of the country’s ... READ

MMTC comes to Goa's rescue to sell unauctioned iron ore

The Goa government has roped in Central public sector unit MMTC Ltd to sell 11 million tonnes of iron ore lying with it since the Supreme Court clampdown on illegal mining in the state. READ