With India’s apex court set to announce its final verdict anytime on the fate of illegal iron ore mines in Karnataka, the country’s largest iron ore producer NMDC is eying a major opportunity in th

New Delhi The ban on mining seems to have made Karnataka the dumping ground for poor quality iron ore.

If court puts a cap on iron ore mining in Karnataka, it will be a severe blow to steel industry's expansion plans

The Central Empowered Committee’s (CEC) final report on illegal mining in Karnataka submitted to the Supreme Court recently has sent shockwaves through the iron ore mining and steel industry in the state. Some of the recommendations of the CEC, if accepted by the Supreme Court, will curb illegal mining and that is a laudable goal. However, in doing so, it may also deliver a hammer blow to the state’s expanding steel industry.

The High Court of Karnataka has directed the State government to stop water supply to Andhra Pradesh from Tungabhadra (TB) dam under the Nilakantapuram Srirama Reddy Water Project (NSRWP), till drinking water is supplied to Pavagad and adjoining areas.

Hearing a petition by Karnataka unit of the Rashtriya Kissan Sangh and 30 other organisations, the Division Bench comprising Chief Justice Vikramajit Sen and Justice B V Nagarathna lashed out at the State government for its inability to provide drinking water to Pavagad, Madhugiri and Sira taluks of Tumkur district.

Despite a halt on iron ore mining in Karnataka since July last year, the state government has earned a royalty revenue of Rs270 crore, about 62 per cent of the total royalty earnings in the last financial year. With two more months in the current financial year, royalty revenues are likely to go up further.

Mining activity came to a halt in July, when the Supreme Court ordered the closure of mining and transportation of iron ore in Bellary district. Subsequently, on August 26 the apex court also ordered closure of mining in Chitradurga and Tumkur districts.

Says it may direct Karnataka to stop water supply from Tungabhadra reservoir

The Karnataka High Court on Tuesday warned the Andhra Pradesh Government that it may have no alternative but to direct the Karnataka Government to stop supply of water from the Tungabhadra reservoir.

The Karnataka Government has made budget provision of Rs 110 crore for watershed and soil enrichment (‘BhooChetana') project, for the year 2012-13, which is being implemented in collaboration with

New Delhi In what may hit steel and mining companies in Karnataka, the Central Empowered Committee (CEC) in its report to the Supreme Court has recommended that the iron ore mining in Bellary distr

‘Greed of a few people putting ecology in peril’

The Supreme Court-appointed Central Empowered Committee (CEC) on Monday recommended cancellation of 49 mining leases in three districts of Karnataka, including some belonging to both BJP and Congress politicians.

The Central Empowered Committee (CEC) on Monday filed its final report on illegal mining in Bellary, Chitradurga and Tumkur districts of Karnataka recommending cancellation of 49 mining leases for