India urged to reform mineral exploration policies

Sumit Deb the outgoing President of the Federation of Indian Mineral Industries (FIMI) has called for comprehensive reforms to stimulate mineral exploration in India

Mining opportunities and challenges

Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.

Mining Gains

The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.

Mining Needs a Leg-up

For India to achieve its full potential in the mining sector, policymakers need to give a leg-up in lifting the mining sector on a high growth path. Jayanta Roy elaborates on the mining industry scenario in India.

KIOCL to explore iron ore, gold in two states

KIOCL will take up exploration of iron ore and gold in Tirupur (Tamil Nadu) and Mysuru (Karnataka), respectively. Union Steel Minister Chaudhary Birender Singh said that KIOCL has also been recognised as a mineral exploration entity under the MMDR Act 1957 for carrying out works in the country.

Mining Equipment Trends

The mining equipment industry (MEI) is heavily dependent on equipment demand from coal and iron ore mining, both being highly equipment intensive, with over 30 per cent.

Indian Mining Poised to Boom

Wheel loaders - Optimising Productivity

Cycle time is a critical success factor in all bulk handling applications. Ramifications of high cycle time even extend to bulk handlers securing business. Wheel loaders are extensively used bulk handling tools wherein high productivity is of essence.

Ready for Long Haulage

COMMERCIAL vehicle industry experienced one of the worst and the longest spell of recessions during last three years. However, the good news is that it is reviving now. The heavy-duty (HD) trucks industry hit the peak level in 2011 with a sales of 241,000 and it dropped to 130,000 in 2013.

Department to hear excess mining cases in Koira circle

Odisha state mining department would conduct hearing for miners in Koira circle and later issue demand notices to them. The department recently completed hearing of all miners in the Joda sector who were imposed penalty for raising excess ore beyond the mining plan approved by the Indian Bureau of Mines (

States asked to introduce rules to prevent illegal mining

In order to curb irregularities in the mining sector, the section 23C of the MMDR (Mines and Mineral Development and Regulation) Act, 1957 empowers states to frame appropriate rules. The union government asked states to introduce rules under this section to prevent illegal mining, transportation and storage of

Industry bodies wants govt to avoid hike in royalty

Members of a government appointed Study Group recommended the government to avoid any hike in royalty for zinc, lead and other non-ferrous minerals as it would adversely affect the domestic mining industry. It may be recalled that the government formed this group to recommend royalty rates for these minerals. The group consists of industry bodies like Ficci, Asso

Mining Challenges

IME is a step by the Indian Government to infuse more funds, technology and managerial expertise in the mining sector as whole.There has been an overriding sense of urgency for mining industry to gravitate towards a new technology future where the focus is on system attributes of clean, continuous and smart technology.