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 |
Apex court allows iron ore export from major Karnataka ports (Lead)
February 11th, 2011 - 7:22 pm ICT by IANS
New Delhi, Feb 11 (IANS) The Supreme Court Friday allowed the export of the iron ore lying at major ports of Karnataka after the state government banned its offshore movement in July ... Read more...
Posted in Business |
Apex court allows iron ore export from major Karnataka ports
February 11th, 2011 - 2:40 pm ICT by IANS
New Delhi, Feb 11 (IANS) The Supreme Court Friday allowed the export of the iron ore lying at major ports of Karnataka. As the state government had banned the ore's offshore movement ... Read more...
Posted in Business |
Toronto, London stock exchanges to merge to form new global giant
February 9th, 2011 - 10:54 am ICT by IANS
By Gurmukh Singh
Toronto, Feb 9 (IANS) The Toronto Stock Exchange, the third largest in North America, is set to merge with the London Stock Exchange to create a new global mega bourse.The ... Read more...
Posted in Business |
Trade ties with India to be strengthened: Japanese minister
January 22nd, 2011 - 10:40 pm ICT by IANS
Chennai, Jan 22 (IANS) India and Japan are moving closer towards concluding a Comprehensive Economic Partnership Agreement (CEPA) and Japanese companies are interested investing in rare earth mining, infrastructure development projects ... Read more...
Posted in Business |
Supreme Court panel vetoes mining by Reddy brothers
January 7th, 2011 - 10:18 pm ICT by IANS
New Delhi, Jan 7 (IANS) The Supreme Court appointed Central Empowered Committee (CEC) Friday recommended the cancellation of the mining leases of Reddy brothers in the Bellary reserved forest area, saying they ... Read more...
Posted in Business |
Miners should fund local development, says Raman Singh
December 13th, 2010 - 9:49 pm ICT by IANS
Raipur, Dec 13 (IANS) Chhattisgarh Chief Minister Raman Singh Monday said that mining companies operating in the state should spend at least 26 percent of their profits on local development."The companies should ... Read more...
Posted in Business |
Maoists extorting explosives from illegal mining firms
December 9th, 2010 - 8:24 pm ICT by IANS
New Delhi, Dec 9 (IANS) The administration's failure to control illegal mining in the rush for economic growth has resulted in arming of the Maoists, a report by the Asian Centre for ... Read more...
Posted in Uncategorized |
New Mines and Minerals Act being finalized: Sonia Gandhi
November 2nd, 2010 - 7:29 pm ICT by ANI
New Delhi, Nov.2 (ANI): Congress president Sonia Gandhi on Tuesday said that the UPA Government is in the process of finalizing a new Mines and Minerals Act.Addressing delegates and media at ... Read more...
Posted in National |
Toronto Stock Exchange to hold road show in India
October 2nd, 2010 - 3:06 pm ICT by IANS
By Gurmukh Singh
Toronto, Oct 2 (IANS) The Toronto Stock Exchange (TSX) will hold a road show in India in November to showcase its unique position in the global mining industry.TSX is also ... Read more...
Posted in Business |
White coffee: Malaysia starts new trend in beverages
September 25th, 2010 - 11:45 am ICT by IANS
Ipoh, Sep 25 (IANS) Coffee drinkers from across the world are now flocking to Malaysia's Ipoh city to taste a beverage created there for the first time - white coffee.
Ipoh, the capital ... Read more...
Posted in Life Style |
Karnataka court seeks centre’s response on iron ore export ban
September 24th, 2010 - 10:35 pm ICT by IANS
Bangalore, Sep 24 (IANS) The Karnataka High Court Friday sought a response from the central government on why it did not act against the ban on export of iron ore imposed by ... Read more...
Posted in Business |
Coal ministry threatens taking back 97 mining blocks
September 8th, 2010 - 7:44 pm ICT by IANS
New Delhi, Sep 8 (IANS) The coal ministry has decided to issue notices to various public and private mining firms, seeking explanations as to why 97 coal and lignite blocks allocated to ... Read more...
Posted in Business |
New formula may compensate land-losers: Arun Maira
September 2nd, 2010 - 8:50 pm ICT by IANS
Kolkata, Sep 2 (IANS) The Planning Commission may moot a new formula to compensate those who have lost their land to mining companies, its member Arun Maira said here Thursday.
"A clear picture ... Read more...
Posted in Business |
Vedanta mine project rejection, a major win for Dongria tribe: Survival Intl.
August 24th, 2010 - 5:44 pm ICT by ANI
London, Aug.24 (ANI): Survival International, an organization supporting tribals worldwide for over four decades, on Tuesday claimed a major victory for itself and the Dongria Tribe in India's eastern Orissa state after ... Read more...
Posted in World |
Karnataka sets up special panel to check illegal mining
August 18th, 2010 - 11:37 pm ICT by IANS
Bangalore, Aug 18 (IANS) The Karnataka government Wednesday constituted a 14-member special committee to check illegal mining and export of iron ore and other minerals from the state.
"The committee, headed by ... Read more...
Posted in Business |
New diamond sourcing company in Surat
August 17th, 2010 - 10:19 pm ICT by ANI
By DharmeshSurat (Gujarat), Aug.17 (ANI): Around 1500 small, medium and large diamond merchants of Surat are floating a company to directly source roughs from mining companies across the globe.The new company ... Read more...
Posted in National |
Goa to frame new mining policy
July 30th, 2010 - 2:58 pm ICT by IANS
Panaji, July 30 (IANS) Faced with increasing civic protests against rampant mining in the state, the Goa government is considering framing a new mining policy.
In a written reply in the ... Read more...
Posted in Business |
Tourism minister says Congress also involved in Karnataka illegal mining
July 20th, 2010 - 2:50 pm ICT by ANI
Bangalore, July 20 (ANI): Retaliating to corruption charges levelled against him, Karnataka's Tourism Minister, G Janardhana Reddy, has said certain Congress leaders are also involved in illegal mining activities.Reddy, named ... Read more...
Posted in National |
New US law seeks disclosure of foreign payments
July 17th, 2010 - 12:56 pm ICT by IANS
Washington, July 17 (IANS) Publicly traded oil, gas and mining companies, including those from India and other emerging economies, will be required to disclose their payments to foreign governments under the ... Read more...
Posted in Business |
Mining companies told to pay tax to Madhya Pradesh
July 5th, 2010 - 10:05 pm ICT by IANS
New Delhi, July 5 (IANS) The Supreme Court Monday told several companies involved in mining operations in Madhya Pradesh to pay tax to the state government and declined to stay notices issued ... Read more...
Posted in Business |
Did officials accept gifts from mining companies?
July 1st, 2010 - 8:19 pm ICT by IANS
Panaji, July 1 (IANS) Anti-mining activists have complained that senior government officials took expensive gifts from a mining company in Goa but the firm said no gifts were given to the officials. ... Read more...
Posted in Business |
‘Increase cess on mining; granting of leases should be transparent’
June 20th, 2010 - 12:41 pm ICT by IANS
Panaji, June 20 (IANS) The cess on mining needs to be increased significantly and the revenue generated should be earmarked for development of infrastructure in specific areas where mineral exploration is being ... Read more...
Posted in Business |
World’s mining sector is back to booming
May 26th, 2010 - 1:33 pm ICT by IANS
Toronto, May 26 (IANS) The world's mining sector is back to booming, according to a report by PricewaterhouseCoopers (PwC) here Tuesday. The annual report, Mine: Back to the Boom, on the ... Read more...
Posted in Business |
India may slap taxes, quotas to limit iron ore exports
May 19th, 2010 - 5:54 pm ICT by IANS
New Delhi, May 19 (IANS) India may impose taxes and quotas on exports of iron ore from the country to increase availability of the raw material for the domestic steel industry, steel ... Read more...
Posted in Business |