With the Goa government putting a blanket ban on mining, Vedanta group firm Sesa Goa on Tuesday said it has stopped extraction of iron ore from all its mines in the state, leading to 6 per cent fall in its stock price.
Following the suspension of works, all the mining operations of Sesa Goa, the largest private sector iron ore producer of the country, have come to a standstill. Sesa Goa’s operations in Karnataka have been closed for more than a year due to a Supreme Court imposed mining ban in the southern state. In December, 2010, it had discontinued operations in Odisha.