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Aug 13, 2014· India's iron ore production has declined due to high export duty, land acquisition issues, delay in lease renewal, and mining ban in the states of Karnataka, Jharkhand, Odisha, and Goa.
May 21, 2019· KOLKATA: Domestic steel production would be significantly affected if there is delay in auction of mines which would complete 50 years of operations by March 2020, according to ratings agency India Ratings and Research (Ind-Ra). With around 60 million tonnes of actual production of iron ore from these mines likely to be disrupted, this would impact the credit profile of non-integrated steel ...
The leases for iron ore mining had been categorised by the court-appointed central empowered committee as a, b and c, based on the level of alleged illegalities.Of the 166 mining leases where operations were banned in 2011, the court suspended the leases for seven category b mines on the andhra pradesh-karnataka border.
Apr 18, 2013· Categorizing of A, B & C : Basis of the extent of encroachment in respect of the mining pits and over burden dumps. The iron ore which becomes available should be used for meeting the iron ore requirement of the steel plants and associated industries located in Karnataka and also of those plants located in the adjoining states which have been ...
Apr 05, 2013· Karnataka expects to reopen 19 iron ore mines this fiscal year, which were shut by a court in 2011, increasing supplies to local steel mills by 30 million tonnes, the head of its mines .
Oct 17, 2019· So, it is prudent to have steel plants in close proximity to iron ore mines. Delay in amending Section 8A (4) of the Mines and Minerals (Development and Regulation), or .
Illegal iron ore mining in Karnataka. Rising global iron-ore prices driven by Chinese demand brought focus to the iron ore rich Bellary region of Karnataka.This iron ore is alleged to have been illegally mined after paying a minuscule royalty to the government.
Jan 12, 2018· Last month the Supreme Court has enhanced the cap, limit to iron ore mines in Karnataka, by five million tonnes to 35 million tonnes. However, industry representatives have said that the cap not increased, which resulted loss of around Rs 6.5 billion to the Karnataka Government and for industry.In December, the Supreme Court has lifted.
Nov 16, 2018· The government of Karnataka on Friday warned NMDC Ltd that it will cancel the lease of its Donimalai iron ore mine if the state-owned miner refuses to pay an additional levy on the sale of its ore.
Sep 25, 2019· Mining cos fear iron ore supply may be hit after some leases expire in March The fear is that production will not resume immediately, and it would affect the supply of almost 70 million tonnes of the mineral, which is the key input for making steel.
New Delhi: A delay in auction of iron ore mines, whose licences are expiring by March next year, could hit steel production significantly in the country, a report by India Ratings and Research Private Ltd (Ind-Ra) said.. Licences of 288 merchant mines, of which 59 mines are under operations, will expire by March next and if the auction of the mines is delayed it could significantly affect the ...
Iron ore mines I Karnataka to be fully operational in 2 years - FIMI Published on - Apr 23,2013 India may become net importer of iron ore - FIMI Published on - Apr 21,2013
KIOCL Limited (Formerly known as Kudremukh Iron Ore Company Limited), a Flagship Company under the Ministry of Steel, Govt. of India was formed on 2 April 1976 for mining and beneficiation of low grade iron ore at Kudremukh, Karnataka, India.
Bangalore: The resumption of iron ore mining in Karnataka could be further delayed after a Supreme Court-appointed panel on Tuesday ordered more detailed surveys to determine the value of ...
May 23, 2016· In the last three years, the government sanctioned only one mining lease. This was for mining iron and manganese ore for 20 years from May 2011 in .
Jan 17, 2020· SAIL scouts for new iron ore mines in MP,Chhattisgarh,Odisha. State-owned SAIL is scouting for new iron ore mines in several states, including Madhya Pradesh, Chhattisgarh, Odisha and Karnataka, as it is gearing up to increase its steel making capacity by up to 50 per cent to 21 million tonnes by this fiscal. September 8, 2013, 12:48 pm explore ...
Jan 23, 2020· Find Iron Ore Mines Latest News, Videos & Pictures on Iron Ore Mines and see latest updates, news, information from NDTV.COM. Explore more on Iron Ore Mines.
Jan 27, 2020· Prahlad Joshi, whose charge as Union coal and mines minister [including iron ore], is from Karnataka. The expectation in the steel ministry is that chief secretary Vijay Bhaskar will seek to involve Joshi, Karanataka's mines minister C Chandrakant Patil and, of course, Pradhan to .
Jan 23, 2020· The Congress on Wednesday said it would approach the CBI for a probe into late Manohar Parrikar's alleged role as then chief minister in the "illegal" renewal of iron ore mining .
Iron ore miners in Karnataka are gearing up to resume exports of the key steel-making raw material, nine years after the imposition of a complete ban on exports from the state.
A delay in the auction of iron ore mines, whose licences are expiring by March next year, could hit steel production significantly in the country, a report has cautioned.
The Odisha government has invited bids for seven iron ore blocks on October 4, after a delay of more than a year. Given that the auction process is complex and expected to take between three and six months (Exhibit 2), this leaves little time for the process to be completed before the leases expire.
The delay in the reallocation of expired iron ore mining leases by the Prime Minister Narendra Modi-led government may cause catastrophic dearth of basic raw material, at a time when the ...
The revised Reclamation and Rehabilitation (R&R) Plan for ₹20,000 crore will be forwarded to the Karnataka Mining Environment Restoration Corporation (KMERC), according to Ramprasath Manohar ...
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