New Delhi The inter-ministerial group (IMG) has recommended deallocation of three coal mines, and deduction and imposition of bank guarantee (BG) of PSU firms, including MMTC and Nalco.

Ore Team, a steel and steel-making commodities research house that provides industry professional with real-time news and analysis, pricing information and key research notes, will organise a two-day international conference on iron ore mining industry in Hyderabad from December 13.

With all the major iron ore mining regions in the country under scrutiny, there is bound to be a short -supply of raw material for steel-making. As per OreTeam data, the iron ore production in 2012-13 is pegged at around 140 million tonne, which would just be enough for the overall domestic requirement.

Hopes for restart of Goa's iron ore mines in any near future receded on Wednesday, with the Supreme Court-appointed Central Empowered Committee (CEC) indicating after a hearing of over three hours here that it won't recommend lifting of the ban slapped by the court on October 5.

Former environment and forests secretary P V Jayakrishanan, who chaired the hearing along with three CEC members, also indicated that the committee's recommendations will be on the Karnataka model approved by the Apex Court, for "pari pasu" implementation of rehabilitation and other measures by the Goa miners.

The state steel & mines department will issue notices to 83 miners awaiting second and subsequent renewal of their leases within a month. Depending on the merit of cases, the department will either renew the leases or bring ineligible leases under the fold of its PSU- Odisha Mining Corporation (OMC).

The department has seemingly softened its stand after its recent decision to cancel all applications for renewal of leases made between 1987 and 1994. Last month, the department had decided to bring such leases back to the fold of the state government against the backdrop of an ongoing probe into alleged large scale illegal mining activities in the state by the visiting M B Shah commission of enquiry.

Divestment Of 9.5% Stake In PSU Major Expected To Raise Up To 13,000cr

PANJIM: Officials of mining firms which were hauled up before GSPCB for having indulged in excess iron ore extraction, on Tuesday refuted the charges claiming that they had not exceeded limits set out in the environment clearance (EC), granted to them by the Union Ministry of Environment and Forest (MoEF).

During the hearing before the Goa State Pollution Control Board, the firms said that the figures produced by petitioner Goa Foundation, are contradictory. GSPCB is hearing the defence of officials of 43 mining firms, accused of extracting iron ore beyond the permissible limit. The hearing will continue till November 23.

Bhubaneswar: To ensure smooth supply of ore to Odisha-based industries on a long-term basis, the first meeting of the ministerial committee would be held on November 26 to formulate a policy to thi

PANJIM: The Goa State Pollution Control Board began hearing the defence of 43 mining firms, which had been accused of mining iron ore in excess of production limit.

Sesa Goa, from whose 20 mining leases excess ore has been mined, has been given time till December 7 to reply, after its officials requested more time to reply, Monday. GSPCB Chairman Jose Manuel Noronha said that the hearings will continue till November 24 and the final decision would be taken before end of December.

The ministries of coal, mines and rural development have opposed setting up of Ultra Mega Steel Plants (UMSPs) in the country, saying that land and raw materials were scarce resources and cannot be

PANJIM: The Supreme Court (SC) appointed Central Empowered Committee (CEC) has castigated Goa government for providing inadequate and incomplete information over conditions of mines and mining illegalities in Goa for last five years ~ 2006-2011 and has directed it to furnish complete information immediately.

The CEC, in a fresh letter to State Chief Secretary B Vijayan, pointed to significant inconsistencies and contradictions in the information provided to them by Directorate of Mines and Geology. The Committee termed the information provided by the Mines department, on October 28, as inadequate and incomplete and directed government to provide complete and proper information, immediately. SC has directed CEC to submit its report, essentially based on Justice M B Shah Commission report on illegal mining in Goa.