New Delhi he Supreme Court has sought replies from the Centre, the Karnataka government and four mining firms including JSW on cross-petitions seeking review of its September 2010 order that set as

Odisha expects to get additional revenue of Rs 1000 crore from the proposed forest development tax (FDT). The FDT is set to be levied at the rate of 15 per cent on sale value of minerals raised on forest land.

"The finalization of FDT will need an inter-departmental consultative process involving the departments of forest & environment, steel & mines and law. The FDT Act has to be amended. There is a possibility of showing minerals raised from forest land as non-forest produce as 200 out of 600 mining leases have a mix of forest and non-forest land. A mechanism has to be worked out to check this”,

PANJIM: While iron ore production in Goa declined, bauxite mining tripled during the financial year 2010-11, as indicated by the knowledge paper released during the recently held Investor’s Forum in Panjim.

The knowledge paper was released by Chief Minister Manohar Parrikar during the Investor’s Forum organized on June 30, by Federation of Indian Chambers of Commerce and Industry (FICCI) and Goa Chamber of Commerce and Industry (GCCI).

Deputy Director of Mines (DDM) for Joda mining circle has issued notices to eight iron and manganese mines for payment of royalty dues amounting to Rs 350 crore on the basis of updated ore prices issues by Indian Bureau of Mines (IBM).

The notices for differential royalty collection were sent to Joda East Iron Ore mines (Rs 90.19 crore), Nua Gaon mines of KJS Ahluwalia group (Rs 3.32 crore), K N Ram mines (Rs 10.13 crore), Mesco mines (Rs 12.41 crore), R P Sao Guali mine (Rs 93.59 crore), Jajang mine of Rungta Group (Rs 60.66 crore), Ziling mine of Essel Mining (Rs 25.21 crore), and Kashia mine, also of Essel Mining (Rs 23.52 crore).

KOLKATA, 12 JUNE: The Kolkata Port Trust (KoPT) is planning to auction around 100 acres of its land in and around Kolkata and is awaiting a nod from the Centre.

Ranchi, April 24: Reclaimed from Maoists, the natural reserves of Saranda are up against unscrupulous adversaries.

BHUBANESWAR: Minister for Steel and Mines Raghunath Mohanty on Wednesday said the State Government had decided to make the export of iron ore from different ports fully transparent.

Goa Mineral Ore Exporters Association (GMOEA), has welcomed the Union Mines Ministry’s decision of referring Justice Shah Committee suggestion of banning exports of iron and manganese ore, to the M