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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 stateowned miner refuses to pay an additional levy on the sale of its ore.
Mar 09, 2019· Find Iron Ore Mines Latest News, Videos Pictures on Iron Ore Mines and see latest updates, news, information from Explore more on Iron Ore Mines. ... the Karnataka government handed ...
The leases for iron ore mining had been categorised by the courtappointed 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 PradeshKarnataka border.
Jan 14, 2018· • The existing ceiling of 5 mmt fixed for ''A'' ''B'' mining leases for districts Tumkur and Chitradurga has been enhanced by 2 mmt to 7 mmt ... Iron ore mining in Karnataka: Challenges ...
The leases for iron ore mining had been categorised by the courtappointed 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 PradeshKarnataka border. See also
Bengaluru: Iron ore reserves in Karnataka, where illegal mining was rampant eight years ago, seem to have depleted considerably. Of the 51 cancelled ''C'' category mines, now only 12 are found ...
Aug 20, 2019· New Delhi, Aug 20 (PTI) Stateowned NMDC on Tuesday said the Karnataka government has withdrawn the approval accorded to the firm to extend mining lease period for the Donimalai iron ore mine.
With NMDC set to restart mining at Donimalai in Bellari district of Karnataka, iron ore supply is bound to increase and bring down prices particularly when many sponge iron and pellet ...
The Karnataka government is now readying its strategy to mount a fight back for asserting its authority to award lease on its terms for Donimalai. The mine is located in the iron orerich Bellari district, where the Reddy brothers, who have had the blessings of some senior BJP leaders, have had a dominating presence for a long time.
Aug 23, 2019· KOLKATA: The mines tribunal''s order clamping a stay on the recent Karnataka government decision to withdraw approval for extension of mining lease of NMDC Limited''s 7 million tonne Donimalai iron ore mine and put it up for auction is likely to provide the staterun miner a temporary reprieve.
Aug 20, 2019· Karnataka govt withdraws approval to extend mining lease for Donimalai iron ore mine: NMDC "The company has also requested the Government of Karnataka to withdraw its letter dated /keep it in abeyance," the filing said.
Aug 25, 2019· The Karnataka government has deferred the auction of the Donimalai iron ore development comes soon after the Centre''s Mines Tribunal kept in abeyance the cancellation of mining lease .
Aug 15, 2017· Karnataka has 24 mines of iron ore under the private sector. There are 2 mining leases in the public sector. The state is also rich in other mineral deposits needed for the iron and steel industry. These include minerals like manganese, lime stone, silica, etc. They are easily available for .
Obulapuram Mining Company also known as OMC or OMCPL is an iron ore mining company located in Karnataka and Andhra Pradesh in company is owned by the brothers, G. Karunakara Reddy, G. Janardhana Reddy and G. Somashekara Reddy, who were ministers in the Government of Karnataka. The company has been fighting charges of illegal mining in forest lands on the Karnataka .
Eauction of Iron ore in Karnataka Supreme Court (SC) vide its order 2nd September 2011 has appointed Central Empowered Committee (CEC) to oversee Eauction of Iron ore from Karnataka. CEC in turn has formed a Monitoring Committee to carry out the order of SC.
Oct 16, 2019· Mining companies in Karnataka are expecting iron ore prices to fall as supply from NMDC''s Donimalai mines is likely to restart. Lesser offtake of steel due to a decline in demand is another reason being cited for the fall in iron ore prices, reports Business Standard. To ensure seamless renewal of mining leases allocated to the government companies, the Union [.]
However, the public sector mining behemoth NMDC Limited, which has been in the business of mining iron ore for 61 years, is facing a threat of losing its leases in Karnataka and Chhattisgarh.
Bansal, additional secretary general at industry lobby Federation of Indian Mineral Industries (FIMI), said demand for iron ore from the mines in Karnataka is in the range of 3035 mtpa ...
Jun 06, 2019· New Delhi, Jun 6 Fresh auction of iron mines must be conducted to provide a levelplaying field between captive and merchant miners, a Karnatakabased steel and iron ore .
Nov 20, 2018· Hyderabad, November 20 (PTI): NMDC Limited has suspended iron oremining from its Donimalai mine in Karnataka following the decision of the State government to impose 80 per cent premium on the iron o
Dec 15, 2017· In a major relief to steel and mining industry, the Supreme Court on Thursday increased the cap on the production of iron ore from 30 million tonne .
Jan 03, 2014· The ban on iron ore mining and exports in top producing states of Karnataka and Goa have choked the industry so hard that MMTC is one of many firms exiting.
Karnataka to permit mining more iron ore soon Bangalore: Karnataka will hasten the process of issuing leases to mine iron ore in the mineralrich districts to improve the raw material supply to ...
Sep 25, 2019· The auction will involve 329 noncaptive leases, of which 48 are working mines. An estimated lakh jobs are involved. The decision, at this juncture, of the Ministry of Mines to allow Steel Authority of India Ltd to sell 25% of its high grade captive iron ore production is quite significant.
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