Describing the procedure of fixing the sale value of iron ore by Indian Bureau of Mines (IBM) as incorrect, Chief Minister Naveen Patnaik has requested the Centre to revise the price to match the prevailing market rate.

Naveen said in a letter, reportedly written to Union Minister of State for Mines Dinsha J Patel, that the methodology and procedure being used by IBM are flawed and detrimental

Kolkata Demand growth in steel consumption will form the basis of the new national steel policy, a draft of which is expected to be ready in another six months.

PK Misra, Union steel secretary, at an interactive organised by the Merchants

New Delhi The Ashok Chawla committee

Bhubaneswar: The Odisha government on Thursday said that it would soon renew the Memorandum of Understanding (MoU) with South Korean steel major Posco for its proposed steel plant near Paradip in Jagatsinghpur district.

The steel and mines department has already received the recommendation of the law department in this regard.

The nodal department will soon invite Posco for renewal of the Mo

The following draft of certain rules further to amend the Coal Mines (Conservation and Development) Rules, 1975 which the Central Government proposes to make in exercise of the powers conferred by Section 18 of the Coal Mines (Conservation and Development) Act, 1974 (28of 1974), were published as required by sub-section (1) of Section 18 of the

The mines ministry is understood to have approached the law ministry to ascertain whether the proposed National Mineral Regulatory Authority (NMRA) could be empowered to review the envisaged profit-sharing formula.

According to the proposed formula, which the mines ministry had inserted in the initial Draft Mines and Minerals (Development & Regulation) Bill, 2010, miners will be mandated to sha

Sanjay Nirupam dares BJP to initiate action against ministers involved in illegal mining

The Congress launched a scathing attack on BJP over illegal mining in Karnataka during discussion on demands for grants of mining ministry in the Lok Sabha on Wednesday.

Initiating the discussion on mining ministry

BHUBANESWAR: State-run National Aluminium Company Ltd (NALCO) Tuesday signed a memorandum of understanding (MoU) with the union mines ministry for the financial year 2011-12, the company said.

NALCO's acting chairman-cum managing director (CMD) B.L.

In a move, possibly the first of its kind, the Governor of a mineral-rich state has questioned provisions of the proposed mining reforms Bill being drafted by the Centre.

Gujarat, which received investment proposals of over $462 billion during the recently concluded Vibrant Gujarat conference, will be a role model for other states in curbing illegal mining.

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