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Streamlining the mining process

The year that went by - in fact, the last two years - put the country?s mining sector through one of its toughest tests. The Supreme Court ban on iron ore mining in Karnataka in 2011 and in Goa in 2012, alongside the Coalgate scams and environmental restrictions severely impacted this sector, and led to a considerable dent in the growth of the CE sector during this period.

Karnataka's plea to SC to permit mining

Seeking permission to allow mining in Karnataka to ?a limited extent and period? to meet the current shortfall in iron ore, the State government on December 2 approached the Supreme Court.

Karnataka govt may set up court to hear mining cases

Replying a question in the state legislative Assembly, Karnataka Chief Minister Siddaramaiah indicated that his government would set up a fast-track court to hear illegal mining cases. Illegal mining in the state between 2006 and 2010 caused a loss of Rs 16,085 crore to the state exchequer, according to the final report of the then Karn

Director urges termination of mining leases

Even as the Supreme Court allowed mining in category A and B mines in Karnataka, the Director of Mines and Geology of the state government recommended premature closure of 14 mining leases falling under these two categories. In a letter to the Commerce and Industries ministry of the state government, the Director of Mines and Geology recommended premature closure of these mines noting that they too have committed ?serious irregReal estate body CREDAI requested government to promote housing part

CEC may discuss re-allotment of mining lease

The proposed re-allotment of mining lease areas in the Bellary, Tumkur and Chitradurga districts of Karnataka may be discussed by the Supreme Court-appointed Central Empowered Committee (CEC) soon. The mining lease may be alloted through international competitive bidding which may fetch several thousand crore rupees to the state. Meanwhile, the panel discussed reclamation and rehabilitation (R&R) plan for mining regions in these distr

MSPL resumes operation in iron ore mine

Leading iron ore miner MSPL's flagship open cast mine Vyasanakere Iron Ore Mine in Karnataka resumed operation recently after it completed the rehabilitation and reclamation measures prescribed by the central empowered committee (CEC). It may be recalled that the Supreme Court allowed category 'A' and Category 'B' mines in Karnataka to resume operation after completing Reclamation and Rehabilitation (R&R) works prescribed by the Monitoring

Resumption of mining may enable JSW to attain high output capacity

Sheshagiri Rao, Group Chief Financial Officer of JSW Group informed that the company could attain 80 percent capacity utilisation at its facility once the category B mines resumes operation. When mining of iron ore was banned in Karnataka since July 2011, the company's 10 million tonne per annum (mn tpa) steel plant at its flagship factory at Vijay

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