Targets an output of 430-440 million tonnes in 2009-10.

KOLKATA: For the first time in its history, Coal India Ltd (CIL) surpassed the 400 million tonne-mark in production on March 29. It is now targeting a production of between 430 and 440 million tonnes in 2009-10, a company release said. A memorandum of understanding (MoU) in this regard was signed on Monday with the government, it said.

New Delhi: Mines minister Sis Ram Ola has ignored his own officials and the advice of the Karnataka Government and overlooked the Cabinet secretary by intensely pitching for reserving 1,503 hectares of the prized Ramandurg iron ore mines in the state for PSU Minerals and Metals Trading Corporation (MMTC). MMTC falls under the purview of the commerce ministry.

MARGAO, MAR 28

ANGUL: India

HYDERABAD: The production and sales of iron ore of NMDC is likely to decline by five per cent in the current financial year, according to its Chairman and Managing Director Rana Som.

Company begins operations, without clearances, in an elephant corridor A PUBLIC mineral exploration company is setting up office to explore silica in the Swang reserve forest in Assam. Over 800 elephants use the area as a corridor. The company had done a preliminary survey on the forestland three years back and found the area suitable to mine. The company has started making a road, set up a

By Jonathan J. Levin

March 6 (Bloomberg) -- Bolivia plans to take 243 hectares (600 acres) of private land that contains part of the El Mutun iron-ore deposit and deliver it to India

This article critically appraises the incumbent regulatory mechanism in minerals and proposes a redrawal of the authority of central and state governments. It argues that for ensuring intra-generational and inter-generational equity the ownership rights over minerals should be vested with the state governments and the regulatory power with the central government.

POWER SECTOR is likely to meet only 90 per cent of the 20 million tonnes coal import target this fiscal due to delay in order placements, increasing the misery of many power stations that are running on critical stocks of less than seven days.

Indrani Dutta

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