With national attention held by investigations into illegal mining in Karnataka, greater loot of higher quality iron ore in eastern India and the diversity of associated corruption have gotten shor

Recent developments in the steel industry and data from JSW Steel could provide the necessary trigger to pull the stock out of the dumps.

Bellary miners could have earned notoriety for causing irreparable damage to the ecology in the district, but the Karnataka State Pollution Control Board (KSPCB) thinks otherwise.

The Board has selected Bellary for its Green Award, which would be conferred on September 21 at Jnana Jyothi auditorium here.

Bangalore The mining ban in Karnataka has prompted Chinese buyers to identify new overseas markets for iron ore, trade sources said.

The ban in Karnataka is likely to drag down the country’s overall iron ore exports to abysmal levels this year, while it would be an opportunity for other iron ore producing countries waiting to tap the Chinese market.

“It has come to the notice of the state government that on account of increased production and transportation of iron ore from the mines, specially in Joda and Koira areas, the environment and population of the area are being affected. It is necessary to develop a master plan for the areas to ensure that cumulative effect of the extraction from individual mines is within sustainable limits,” a state government notification said.

The Karnataka government, which is in the thick of controversy over acquisition of land for several big-ticket investors, is in no mood to accept certain changes proposed in the new Land Acquisitio

SC-appointed panel to sell 1.5 million MT a month
In a relief to the starving steel firms left with little or no ore after mining operations were suspended in Bellary and other districts, the Department of Mines and Geology on Tuesday invited interested buyers to register for the e-auctioning beginning on September 14.

The draft mining Bill is spot on in proposing excise duty on ore as an instrument to keep tabs on mineral output
JAIDEEP MISHRA

Although G Janardhan Reddy made Bellary his home, he remained linked to his home state of Andhra Pradesh.

BANGALORE, 5 SEPT: The CBI today arrested mining baron and former minister Mr G Janardhan Reddy and managing director of Obalapuram Mining Company (OMC) Mr BV Srinivas Reddy after conducting raids

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