Panel proposes no profit sharing clause for coal miners

KOLKATA (miningweekly.com) The provincial government of Odisha's move to limit mining lease renewals to captive mining would sound the death knell for independent mining, while downstream users would be starved of raw material, industry experts say.

KOLKATA: Top industry bodies have urged the government to lower royalty rates on non-ferrous minerals like zinc and lead, in line with global rates. These recommendations have been made by leading chambers of commerce like Ficci, Assocham and CII, ...

Three weeks ago, when the Supreme Court reopened the iron-ore mining door some more in Karnataka, miners in Orissa breathed a Rs 50,000 crore sigh of relief. Also in the dock for some offences of a similar nature, Orissa's iron-ore miners, who ...

Speaking on the today's verdict by the Supreme Court, Mr. Y W Yoon, Chairman-cum-Managing Director, POSCO India said We welcome the judgement by the honourable Supreme Court on the Khandadhar mining case. Once we receive the copy of the full ...

Posco India on Friday welcomed the ruling of the Supreme Court on the Khandadhar iron ore mining lease and hoped that the verdict will significantly help in expediting the Odisha project. Once we receive a copy of the full judgment, we will be in a ...

The State Government will not give any fresh assurance on supply of raw materials to the steel projects whose MoUs will be renewed. The new guidelines issued by the Steel and Mines Department in January said ore linkage will be considered for ...

In a bid to recover cost of excess mining from the lessees, the state steel & mines department has initiated the process of hearing of mine owners. "The hearing is underway at the DDM (deputy director of mines) level to recover cost of excess ore ...

THE ISSUEof allocation of natural resources has been at the centre of the debate on corruption. From the Supreme Court to the Comptroller and Auditor General (CAG) to anti-corruption crusaders like Team Anna, all have slammed the UPA for allocating ...

NEW DELHI: The Supreme Court today refused to review its September 13, 2010, ruling which had ruled that states cannot frame policies to allot mining leases outside the scheme laid down in the MMDR act and the mineral concession rules. A bench led ...