Public sector miner NMDC Limited has got an unforeseen domestic opportunity, especially in Karnataka, in the light of the final report on illegal iron ore mining submitted by the Central Empowered Committee (CEC) to the Supreme Court early this month.

The CEC has classified the over 150 mines in Karnataka, where iron ore production had been stopped on the directives of the apex court, into three categories. Of these, close to 50 mines categorised under class-C for alleged gross violations have been recommended for cancellation.

With India’s apex court set to announce its final verdict anytime on the fate of illegal iron ore mines in Karnataka, the country’s largest iron ore producer NMDC is eying a major opportunity in th

New Delhi The ban on mining seems to have made Karnataka the dumping ground for poor quality iron ore.

If court puts a cap on iron ore mining in Karnataka, it will be a severe blow to steel industry's expansion plans

The Central Empowered Committee’s (CEC) final report on illegal mining in Karnataka submitted to the Supreme Court recently has sent shockwaves through the iron ore mining and steel industry in the state. Some of the recommendations of the CEC, if accepted by the Supreme Court, will curb illegal mining and that is a laudable goal. However, in doing so, it may also deliver a hammer blow to the state’s expanding steel industry.

The National Green Tribunal has allowed AIM-listed OPG Power Ventures Plc to go ahead with its 300-MW power project at Kutch, Gujarat, subject to the condition that the project developer would “adh

Despite a halt on iron ore mining in Karnataka since July last year, the state government has earned a royalty revenue of Rs270 crore, about 62 per cent of the total royalty earnings in the last financial year. With two more months in the current financial year, royalty revenues are likely to go up further.

Mining activity came to a halt in July, when the Supreme Court ordered the closure of mining and transportation of iron ore in Bellary district. Subsequently, on August 26 the apex court also ordered closure of mining in Chitradurga and Tumkur districts.

Officials of the Karnataka Industrial Areas Development Board (KIADB) held a meeting on Tuesday to hear the views of farmers on the proposed acquisition of land for a steel plant to be set up by the National Mineral Development Corporation (NMDC) in Bellary taluk.

Diverse views emerged at the meeting, with some farmers stating that they would not part with their land, and others suggesting that acquisition land beyond the actual requirement be avoided. Allotment of shares and employment to families of land-losers were also suggested.

Ensure lease holders in Karnataka do not flout rules, report tells government

The Federation of Indian Mineral Industries (Fimi) favours re-opening of mines categorised as A and B in Karnataka.

The Federation of Indian Mineral Industries (Fimi) said Bellary district administration has misled ICFRE team on impact of mining in the district.