Karnataka proposes to auction 15 of its Category-C mines to end-users

In what could be a first for the country’s iron ore sector, the Karnataka government is readying an action plan to auction iron ore mines to end-users. To begin with, it has proposed to put 15 of its 51 Category-C mines on the block and sought permission for this from the Supreme Court, which is to hear its appeal on Friday.

SC may have lifted the ban on mining in the state but it will be a while before exports resume in right earnest

There are stringent punishment clauses against those who violate the order of the National Green Tribunal (NGT).

The NGT in an interim order had banned rat-hole mining in the state.

While Goa government is planning to resume mining by September by renewing the existing leases in a phased manner, which were declared as illegal by the Supreme Court, since they were renewed under

As the different layers of the Supreme Court judgment on Goa mining are getting pealed like onion skins, each page in the operative part of the judgment is leaving mining players teary eyed.

Even as the future, whenever the future happens, of mining looks to be controlled, limited and organized, the mining industry is still battling to figure if the state of Goa was with them or against them during its long struggle in the Supreme Court.

But puts annual cap of 20 million tonne on excavation

The Supreme Court today allowed an annual cap of 20 million tonnes of iron ore to be extracted in Goa which was banned by it in the state for nearly one-and- a-half years.

Hundreds of tribal miners working at the green marble mines in Rishabdeo have decided not to exercise their voting rights in the upcoming general elections.

Chief Minister Manohar Parrikar on Thursday declared that he would invest 90 percent of the iron ore e-auction revenue for the welfare of mining dependents and wipe off their debts.

The state government has assured legal action against Chauhan brothers, who are relatives of former chief minister Ashok Gehlot, for selling mines lease to UltraTech Cement in an alleged violation

The steel maker was also buying the balance lumpy ore from the stand alone miner to feed its three mtpa steel unitat Raigad (Chhatisgarh)