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mining companies

Policy matters, iron ore sourcing delaying steel plant: JSW Steel


January 10th, 2012 - 12:44 am ICT by IANS
Kolkata, Jan 9 (IANS) JSW Steel Monday said implementation of its proposed 10 million tonnes plant at Salboni in West Midnapore district of West Bengal is being delayed due ... Read more...

Posted in Business |

Steel production to rise if land, mining bills passed


December 15th, 2011 - 7:54 pm ICT by IANS
Kolkata, Dec 15 (IANS) India's steel production is expected to grow by 4-5 percent this fiscal against a target of 8 to 10 percent, but the situation would improve next ... Read more...

Posted in Business |

Indian fertiliser makers looking to buy mines in Africa


December 11th, 2011 - 3:17 pm ICT by IANS
New Delhi, Dec 11 (IANS) Faced with increasing demand and rising cost of importing raw material, the Indian fertiliser industry is eying mineral assets in Africa."Today there is a possibility ... Read more...

Posted in Business |

‘25 mn tonnes illegal ore extracted in five years in Goa’


November 23rd, 2011 - 7:02 pm ICT by IANS
Panaji, Nov 23 (IANS) Over 25 million tonnes of illegal iron ore has been extracted by over-zealous mining companies out of Goa over the last five years, a green ... Read more...

Posted in Business |

Brazil to invest $2.4 bn in gold production


November 21st, 2011 - 11:52 am ICT by IANS
Rio de Janeiro, Nov 21 (IANS/EFE) Private firms that invest in gold mining in Brazil will allocate about $2.4 billion over the next four years to their activities, the O ... Read more...

Posted in Business |

‘Fly by night mining operators creating problems’


November 17th, 2011 - 7:36 pm ICT by IANS
Miramar (Goa), Nov 17 (IANS) Goa's angry mining industry Thursday took potshots at what they called "fly by night" mining operators and traders for tarnishing the image of established ... Read more...

Posted in Business |

Ex-Andhra official held in illegal mining case


November 13th, 2011 - 5:20 pm ICT by IANS
Hyderabad, Nov 13 (IANS) The Central Bureau of Investigation (CBI) has arrested a former Andhra Pradesh government official in connection with the illegal mining case involving former Karnataka minister G. ... Read more...

Posted in Business |

Rethinking donations from mining firms: BJP


October 15th, 2011 - 12:47 pm ICT by IANS
Panaji, Oct 15 (IANS) The Bharatiya Janata Party (BJP), which has launched a political campaign against illegal mining in Goa, has said that henceforth it would accept donations from ... Read more...

Posted in Politics |

Geologists warning over metals shortage


October 13th, 2011 - 12:58 pm ICT by IANS
London, Oct 13 (IANS) Geologists have sounded the warning bells over shortage of some metals owing to an insatiable demand for consumer goods."Mobile phones contain copper, nickel, silver, zinc, aluminium, ... Read more...

Posted in World |

Mining baron wants CBI probe in Goa scam


October 7th, 2011 - 3:37 pm ICT by IANS
Panaji, Oct 7 (IANS) A major iron ore exporter and an Independent member of the Goa assembly has sought a Central Bureau of Investigation (CBI) probe into the multi-thousand crore ... Read more...

Posted in Politics |

Iron ore export from Goa to dip next fiscal: Exporters body


October 4th, 2011 - 6:43 pm ICT by IANS
Panaji, Oct 4 (IANS) Iron ore exports from Goa are expected to dip this financial year as the Goa government has issued stringent regulatory methods in the wake of the ... Read more...

Posted in Business |

CBI raids mining firms for second day in Bellary


October 4th, 2011 - 3:30 pm ICT by IANS
Bellary (Karnataka), Oct 4 (IANS) The Central Bureau of Investigation (CBI) continued raids on mining firms said to be associated with arrested former Karnataka minister G. Janardhana Reddy here ... Read more...

Posted in Politics |

Goa PAC report could hit officials, mining companies


October 3rd, 2011 - 6:32 pm ICT by IANS
Panaji, Oct 3 (IANS) The Goa assembly's public accounts committee (PAC) would crack down on not just errant government officials but also mining companies operating illegally, panel chief Manohar Parrikar ... Read more...

Posted in Business |

Obama cites India to plug ‘open government’


September 21st, 2011 - 11:08 am ICT by IANS
Washington, Sep 21 (IANS) Citing the example of Indian villages getting their voices heard with new information technology tools, President Barack Obama has urged emerging and established democracies to ... Read more...

Posted in Sci-Tech |

Goa mining scam worth Rs.10,000 crore: Congress legislator


September 17th, 2011 - 6:52 pm ICT by IANS
Panaji, Sep 17 (IANS) Goa's illegal mining scandal is worth Rs.10,000 crore ($2 billion), former deputy chief minister of Goa and Congress legislator Dayanand Narvekar Saturday told the Justice ... Read more...

Posted in Politics |

Policy soon on pricing 84 natural resources


September 4th, 2011 - 4:38 pm ICT by IANS
New Delhi, Sep 4 (IANS) The finance ministry will soon place before the union cabinet a note for approval on pricing of natural resources such as spectrum, petroleum, coal, ... Read more...

Posted in Business |

Orissa seeks new tax on iron ore profits


September 3rd, 2011 - 10:05 pm ICT by IANS
Bhubaneswar, Sep 3 (IANS) Orissa Chief Minister Naveen Patnaik has sought a new tax on iron ore profits, saying the merchant mining companies were making "super normal profit" beyond ... Read more...

Posted in Business |

Goa mining scam pegged at Rs.1,200 crore


August 27th, 2011 - 1:49 pm ICT by IANS
Panaji, Aug 27 (IANS) The Goa assembly's Public Accounts Committee (PAC) Saturday pegged the quantum of illegal mining in the state at Rs.1,200 crore, a day after the Bombay High ... Read more...

Posted in Uncategorized |

Goa PAC to probe illegal mining in forests


August 10th, 2011 - 3:19 pm ICT by IANS
Panaji, Aug 10 (IANS) Goa's public accounts committee (PAC) will investigate the increasing phenomenon of illegal mining encroaching upon the state's forest cover, said the PAC head and the Leader ... Read more...

Posted in Uncategorized |

Court summons ex-chief minister Kumaraswamy, wife


August 8th, 2011 - 10:00 pm ICT by IANS
Bangalore, Aug 8 (IANS) Former Karnataka chief minister H. D. Kumaraswamy and his wife and legislator Anita were summoned by a court to appear before it Aug 30 over ... Read more...

Posted in Politics |

New mines bill will benefit Jharkhand: Report


August 6th, 2011 - 12:13 am ICT by IANS
Ranchi, Aug 5 (IANS) Jharkhand Deputy Chief Minister Hemant Soren Friday favoured profit sharing of mining by companies with the locals, as proposed by the Mines and Mineral (Development and ... Read more...

Posted in Uncategorized |

Supreme Court stops all mining work in Bellary


July 29th, 2011 - 8:45 pm ICT by IANS
New Delhi, July 29 (IANS) The Supreme Court Friday ordered the suspension of all mining operations in Karnataka's Bellary region."Mining (is) suspended with immediate effect till further orders," said a ... Read more...

Posted in Business |

Goa to inspect safety of 100 mining operations


July 25th, 2011 - 9:52 pm ICT by IANS
Panaji, July 25 (IANS) Within a month of two major mining accidents in the state, the Goa government has set up a high-level committee to inspect safety measures adopted ... Read more...

Posted in Business |

Goa asks 100 mines to beef up monsoon maintenance


July 22nd, 2011 - 4:19 pm ICT by IANS
Panaji, July 22 (IANS) The Goa government has asked the 100-odd operational open cast iron ore mines in Goa to beef up monsoon maintenance operations after two mining accidents killed ... Read more...

Posted in Uncategorized |

Goa, mining firms talks on creating corridor stalemated


July 21st, 2011 - 4:02 pm ICT by IANS
Panaji, July 21 (IANS) Goa's Rs.6,000 crore mining industry wants the state government to renew old mining leases and resolve environmental issues, in return for their financial contribution towards a ... Read more...

Posted in Business |

Mining environment impact reports fraudulent: Goa minister


July 19th, 2011 - 3:30 pm ICT by IANS
Panaji, July 19 (IANS) The crucial environment impact assessment reports, based on which mining companies are given green clearances, are rigged and very often are 'cut and ... Read more...

Posted in Environment |

Goa mining firms gave false data: Study


July 14th, 2011 - 11:51 pm ICT by IANS
Panaji, July 14 (IANS) A Goa government-commissioned study into the effects of mining on environment has revealed that the environment impact assessment (EIA) reports filed by mining companies are rigged.Speaking ... Read more...

Posted in Business |

Australian HR firm eyes tie-up with Indian mining firms


June 16th, 2011 - 10:57 pm ICT by IANS
Kolkata, Jun 16 (IANS) Australia-based Chandler Macleod, the region's largest provider of human resources solutions with 50 years experience in sourcing and recruiting across numerous sectors, is eyeing tie-ups with ... Read more...

Posted in Business |

Goa tribals opposing illegal mining seek NHRC probe


May 14th, 2011 - 8:31 pm ICT by IANS
Panaji, May 14 (IANS) The National Human Rights Commission should probe atrocities against Cavrem village tribals who have been protesting illegal and rampant mining in the area, a local media ... Read more...

Posted in Uncategorized |

Apex court suspends 10 mining leases in Karnataka (Lead)


April 29th, 2011 - 8:18 pm ICT by IANS
New Delhi, April 29 (IANS) The Supreme Court Friday suspended 19 mining leases in Karnataka following a report of the Central Empowered Committee (CEC) saying that the operators were involved ... Read more...

Posted in Business |

Canada Prime Minister defends asbestos exports


April 27th, 2011 - 11:25 pm ICT by Aishwarya Bhatt
Toronto, April 27 (THAINDIAN NEWS) The Canadian Prime Minister is not convinced that the country is doing anything wrong by exporting asbestos. Asbestos has been linked with serious health risks including cancer ... Read more...

Posted in World News |

Toronto, London bourse merger termed ‘lob-sided’


April 21st, 2011 - 3:51 pm ICT by IANS
Toronto, April 21 (IANS) As uncertainty persists over the proposed merger of the Toronto Stock Exchange with the London Stock Exchange, a committee of provincial lawmakers here has called ... Read more...

Posted in Business |

Award for Goa company accused of illegal mining


March 18th, 2011 - 1:36 pm ICT by IANS
Panaji, March 18 (IANS) India's biggest producer and exporter of iron ore Sesa Goa Limited (SGL) has been given the ICC Sustainability Vision award, a company statement said, a day ... Read more...

Posted in Business |

Brazilian firm to invest $9 bn in projects around the world


March 14th, 2011 - 11:34 am ICT by IANS
Brasilia, March 14 (IANS/EFE) Brazilian mining giant Vale plans to invest $9 billion in about a dozen countries around the world through 2014, the O Globo newspaper reported, citing company ... Read more...

Posted in Business |

Colombia banks on tax treaty to push business ties with India


March 13th, 2011 - 1:38 pm ICT by IANS
New Delhi, March 13 (IANS) Colombia is betting big on a tax treaty with India to attract Indian investments to the Latin American nation and is set to rise manifold ... Read more...

Posted in Business |

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