Vedanta resumes iron ore mining in Goa, looks to regain export market
The Dollar Business Bureau Mining firm Vedanta on Monday resumed operation in the iron ore mines of Goa after getting approvals to extract 5.5 million tonnes of minerals. The mining operation had been stalled in the state since 2012. “The company has received the relevant consent, licence and approvals in place to commence the iron-ore mining operations in the state of Goa for some of its leases. The company is likely to recommence operations from August 10, 2015 at its biggest mine at Codli in Sanguem taluka in Goa,” Vedanta said in a statement. The Supreme Court in October 2012 had banned mining activities in Goa in response to a petition over alleged irregularity. In April last year, the apex court allowed ...
India, Kazakhastan to mine out areas for collaboration
Source: PIB, Government of India. A delegation from Kazakhstan meeting the Union Minister for Mines and Steel, Narendra Singh Tomar, in New Delhi on June 15, 2015. The Secretary, Ministry of Mines, Dr. Anup K. Pujari is also seen. Source: PIB, Government of India. One month ahead of Indian Prime Minister’s scheduled visit to the Republic of Kazakhastan, Union Minister of Steel and Mines Narendra Singh Tomar met a delegation from Kazakhstan, led by Minister of Investment and Development of Kazakhastan, Asset Issekeshev, at Udyog Bhawan in New Delhi on June 15, 2015. The meeting witnessed high level deliberation regarding areas of mutual collaboration between the two countries, particularly in the mining sector. Welcoming prospective partnership with Kazakhastan, Tomar said, ...
General Index of Industrial Production high in April 2015 compared to previous year
Source: PIB, Government of India. The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of April 2015 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 16 source agencies viz. Department of Industrial Policy & Promotion (DIPP); Indian Bureau of Mines; Central Electricity Authority; Joint Plant Committee; Ministry of Petroleum & Natural Gas; Office of Textile Commissioner; Department of Chemicals & Petrochemicals; Directorate of Sugar; Department of Fertilizers; Directorate of Vanaspati, Vegetable Oils & Fats; Tea Board; Office of Jute Commissioner; Office of Coal Controller; Railway Board; Office of Salt Commissioner and Coffee Board. The General Index for the ...
Indias mineral production increases by 1.4%
The Dollar Business Bureau India’s mineral production was to the tune of Rs 22,352 crore in March this year and the sector registered 1.4% growth in the past one year. The index of mineral production in the month of March this year was at 148.5, up 0.9% as compared to the same month in 2014. The cumulative growth for April- March 2014-15 over the corresponding period of the previous year stands at 1.4%, said a government data released on Thursday. The total value of mineral production, excluding atomic and minor minerals, during March this year was Rs 22,352 crore. Of them, the value of coal Rs 9,377 crore was the highest contributor. Coal and five other minerals— petroleum (crude), ...
