Friday 24 October 2014

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Economy | Mining

Goa moves for 10 leases of Fomento, Chowgule & Agarwal

The state mines department has moved a file clearing ten mining leases, initiating a major step to resume mining operations halted for last two years in Goa. READ

ED issues summons to 16 mining Cos

The Enforcement Directorate (ED) on Friday issued summons to 16 companies involved in iron ore exports and the former director of Goa Mines and Geology, Arvind Lolienkar, with regard to the probe into the mining ... READ

Goa govt not to challenge HC order on lease renewals

In a clear signal that 28 mining leases would soon be operational resuming iron ore extraction in the state, Goa Chief Minister Manohar Parrikar said that the government will not challenge the recent High Court ... READ

Goa's 'iron panchayats' demand export duty abolition

Village panchayat bodies in the mining belt of Goa asked Union Finance Minister Arun Jaitley today to abolish the 30 per cent export duty on iron ore. READ

Pre-2007 mined ore in Goa belongs to State: SC

Reaffirming its earlier order, the Supreme Court (SC) on Tuesday said that iron ore mined in Goa before 2007 belongs to the state, but only relates to inventory. READ

'Sand'ful of sand mining should be allowed: Francis

Goa Deputy Chief Minister Francis D'Souza has said sand mining in the state is manual and many industries are dependent on it so a 'little bit' of sand mining should be allowed in the state. READ

Truck owners stop Sesa's ore transport

The transport of iron ore from Sesa Sterlite plant, which had resumed after a gap of two years last week, was stopped by police today amid concerns over a law and order situation following an ... READ

Mining policy to lift ban case-to-case, leases to same miners

The Goa government on Wednesday cleared the much-awaited mining policy promising lifting of the temporary suspension on mining operations in the state on case-wise basis and also ruling out auctioning of leases. READ

Goa to lift mining ban only after approving mining policy

Decision on withdrawal of suspension order on mining activity in Goa, which was imposed in September 2012, would be taken by the state Cabinet only after it approves the mining policy, Goa Chief Minister Manohar ... READ

Won't force banks for OTS to mining dependents: CM

A day after one of Goa's leading financial institutions refused one-time settlement (OTS) on loans given to mining dependents, Chief Minister Manohar Parrikar said the "state won't force any institution for OTS." READ