Page 46 - Minerals Development News Today

Firm given seven days notice for submission of reply Odisha’s Directorate of Mines has served a show-cause notice to the Sarada Mines Limited for recovery of ₹1,042 crore towards alleged excess iron ore production in Keonjhar district. Following a Supreme Court order, the company was allowed to resume mining operation in the Thakurani-B Iron Mines in January, 2020. “On verification it has been noticed that you have produced 6l,53,976 metric tonnes during 2020-21, which is 21,53,976 MT h...

The Office of the Administrator of the Minerals Development Fund has commended the Ellembelle District Assembly for the judicious use of the fund to support educational infrastructure to the benefit of the people.

Comprehensive Study on Coal Mining Market in India Explores Huge Growth in Future iCrowd Newswire 16 May 2021, 09:26 GMT+10 India Coal Mining to 2025 - Updated with Impact of COVID-19 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment st...

Ktaka to utilise DMFs fund to purchase cryogenic tankers, oximeters ​ By IANS | ​ 3 Views Andhra police traces missing oxygen tanker, saves 400 patients. Image Source: IANS News Bengaluru, May 15 : Karnataka on Saturday decided to utilise the District Mineral Foundations (DMF) fund to purchase 10 each oxygen tankers, 1,000 oxygen concentrators, pulse-oximeters, emergency medical needs and set up oxygen plants to tide over the second Covid wave crisis. Mines and Geology Minister Murugesh R...

Aluminium — the metal for an ‘Atmanirbhar Bharat’ The govt must rectify the pricing anomalies of bauxite to boost local production The primary source for aluminium is bauxite ore, which is processed to produce alumina that is smelted using an electrolysis process to produce pure aluminium metal. Since most of bauxite is found on surfaces of earth, strip mining is possible and the top soil can be replaced for rehabilitation and land returned to its native ecosystem. Usually six-seven ton...

In last week’s Monday opinion, I presented the topic on mining revenue sharing in terms of the current legal and policy provisions that back its formulation and implementation in Zambia. In today’s Monday opinion I take this discussion further by elaborating some of the technicalities of a Mining Revenue Sharing Mechanism (MRSM). I start my discussion with non-legal issues that surround its implementation, I will then proceed to answer the following questions: (i) What revenue type to be sh...

Coimbatore: Activists fighting for saving Thadagam’s natural resources have alerted the Coimbatore collector and district revenue officer about brick kilns that continue to function against the Madras high court order. Along with a petition, they submitted photographs of trucks carrying bricks from the units on Saturday morning. The court on Friday said that brick kilns that possess valid licence can open with the collector’s permission. The court also ordered the collector to seal all ille...

Nidhi Srivastava   |     |   Published 27.04.21, 01:44 AM India produces 95 metallic, non-metallic, fuel, atomic and minor minerals. The share of mining in India’s GDP is 2.6 per cent but its contribution to the economy is greater as it provides the material foundation for other sectors. India has a detailed set of mining-related laws and rules for minerals exploration, extraction and i...

  The reemergence of the Naxalites (rechristened Maoists) after 30 years of near lull has been an issue that has generated a lot of public debate. Despite getting more than its share of media coverage, it has not been easy to construe the pith and substance of the multi-faceted issue.   State Supporters v. Maoist Sympathizers The debate surrounding Maoist violence has been extremely polarized. Things didn’t help when Home Minister Chidambaram took a Bush like -with us or against us- stance ...

It ain’t over till the fat lady sings. In the case of mining reform, strains of the relevant trill indicating the end of the process would be the clanging of machinery as new mines open...