Don’t miss the latest developments in business and finance.

Mining Activity

The Uttarakhand High Court on Monday banned mechanised mining in riverbeds in the state. A division bench of High Court Chief Justice Vipin Sanghi and Justice RC Khulbe passed these orders while hearing a PIL. All the district magistrates have been asked to ensure compliance by issuing this order. The PIL, filed by Haldwani resident Gagan Parashar and others, has alleged that heavy machinery is being used for mining in the state's riverbeds. The petition also states that there is a difference in the rates of 'royalty' in government and private mining. In this regard, the Bench asked the State Mines Secretary that the rate of mining 'royalty' on the website of the Forest Development Corporation has been mentioned as Rs 31 per quintal, while on the website of private miners it is Rs 12 per quintal. The Mines Secretary has been directed to file an affidavit in the court in this regard by January 12. The court has also ordered the DMs to confiscate the machines being used for sand min

Updated On: 19 Dec 2022 | 11:50 PM IST

With this, there are now a total of 22 private agencies which are engaged in mineral exploration

Updated On: 08 Nov 2022 | 3:04 PM IST

The coal ministry on Monday said that it has received a total of 38 bids during three rounds of commercial coal mines' auctions. The online bids received as part of the auction process will be opened on Tuesday from 10 AM onwards in the presence of interested prospective bidders, coal ministry said in a statement. "The last date for submission of online technical bids for all the coal mines was 1200 hours on June 27, 2022 and offline submission was 1600 hours on June 27, 2022," it said. According to the coal ministry statement, a total of 28 offline bids were received against 15 coal mines under fifth tranche of commercial mines' auction. Under second attempt of third tranche, a total of nine coal mines were put up for sale and six bids have been received against them, the statement said. Under second attempt of fourth round, a total of four coal mines were put up for auctions and four bids have been received against three coal mines. The fifth round, second attempt of fourth and

Updated On: 27 Jun 2022 | 11:45 PM IST

The projects are facing strong opposition by locals and activists who claim that mining in the biodiversity-rich and ecologically sensitive Hasdeo Arand region will not only displace tribals and cause

Updated On: 09 Jun 2022 | 11:32 PM IST

The chief minister asked officials to develop an effective mechanism to curb illegal mining and install CCTV cameras at the affected spots

Updated On: 22 May 2022 | 8:20 AM IST

Mining grew at a faster 4.5% in February, from 2.8% in Jan; Mfg growth slipped to 0.8% from 1.1%

Updated On: 12 Apr 2022 | 7:13 PM IST

Newly-appointed ministers of the Bhagwant Mann-led Punjab cabinet assumed charge of their departments here on Tuesday.

Updated On: 22 Mar 2022 | 9:16 PM IST

ED recovered Rs 6 crore in cash during the raids there were carried out in Punjab in connection with a illegal mining case.

Updated On: 19 Jan 2022 | 6:50 AM IST

The Goa cabinet on Wednesday approved a policy to permit the export of iron ore dumps, which will allow the resumption of mining activity in the coastal state for the next four to five years.

Updated On: 29 Dec 2021 | 4:01 PM IST

He said there are challenges in mining in India that need to be taken care of through a single window system

Updated On: 09 Dec 2021 | 7:51 PM IST

The Committee of Creditors (CoC) of Rohit-Ferro Tech Ltd has declared Tata Steel Mining as the successful resolution applicant for the insolvent ferro alloy manufacturing company

Updated On: 07 Jun 2021 | 12:21 PM IST

Production and sales in March were the highest ever in the company's history

Updated On: 01 Apr 2021 | 4:36 PM IST

The government on Monday introduced in Rajya Sabha a bill to amend the Mines and Mineral (Development and Regulation) Act

Updated On: 22 Mar 2021 | 6:17 PM IST

At least five mine workers killed in blast in southern India

Updated On: 22 Jan 2021 | 3:57 PM IST

The National Green Tribunal Tuesday directed the Centre and the Rajasthan government to ensure ban on the excavation of minor minerals.

Updated On: 11 Aug 2020 | 4:30 PM IST

The company's production of iron ore during the fourth quarter was 9.47 million tonnes (MT) as against 10.5 MT in the corresponding period of the previous year, registering a decrease of 11 per cent

Updated On: 17 Jun 2020 | 12:40 AM IST

Fimi says existing leaseholders have invested huge resources and time to undertake risky exploration activities and have helped India to discover valuable mineral deposits

Updated On: 22 May 2020 | 3:19 PM IST

Recovery in domestic iron ore prices would be propelled by demand uptick as steel makers are expected to ramp up capacity utilisation with concerns easing on the Covid-19 pandemic

Updated On: 13 May 2020 | 2:01 AM IST

A member had asked whether China is conducting any mining activity near Arunachal Pradesh border

Updated On: 19 Mar 2020 | 10:03 AM IST

The Bill proposes to remove end-use restrictions for participating in coal mine auctions and will open up the coal sector fully for commercial mining

Updated On: 06 Mar 2020 | 2:30 PM IST