Page 2 - Mining Industry

Rajasthan announces amnesty scheme for mining leases up to Mar 31, 2021

The mines department's Arrears and Interest Waiver Scheme, 2022, will be applicable to the outstanding dues of those in the business of minor minerals

SC raises annual iron ore production limit for 3 districts in Karnataka

The Supreme Court on Friday raised the annual iron ore production limit for Ballari, Chitradurga and Tumakuru districts in Karnataka. A bench headed by Chief Justice N V Ramana raised the annual iron ore production limit from 7 MMT to 15 MMT for Chitradurga and Tumakuru districts. For Ballari, it raised the limit from 28 MMT to 35 MMT a year.

17 mineral mines taken back from states over non-production: Pralhad Joshi

In March, Lok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2021

Ashok Leyland unveils new tipper for construction, mining segments

Hinduja group flagship Ashok Leyland has unveiled the AVTR 4825 tipper equipped with a H6 engine aimed at serving the construction and mining segments, the company said on Friday. AVTR is the company's first modular truck platform that offers a range of trucks in the 19-55 tonne gross vehicle of weight (GVW) portfolio and has a slew of cabin and load body options for customers based on their requirements. "These tippers score high on fluid efficiency, durability and reliability. The powerful H6 4V engine, along with heavy duty drive-lines, delivers best-in-class performance with optimum gradability suitable for all construction and mining-related surface transportation," said Ashok Leyland head-medium, heavy commercial vehicle Sanjeev Kumar. The tippers are powered by the 250 hp H-series 4V 6-cylinder engine with the company's i-Gen6 technology that enhances the engine performance while ensuring lower cost of ownership. The drivability, reliability and faster turnaround time on rou

Tata Steel signs MoU with start-up for drone-based mining solutions

Tata Steel will also work jointly with AUS to provide exclusive drone-based solutions, including mine analytics and geo-technical mapping, to Tata Steel group companies

Exploration, imports, private firms: India's search for lithium spreads out

'White gold' need for electric car batteries is scarce in the country and getting expensive internationally

Govt releases Natural Resource Accounting to track mineral, energy deposits

The asset accounts would help identify alternate economic and energy-based resources, and aid in developing an ecosystem for containing illegal mining

Formation of mining conglomerate to enhance capacity: Hindustan Copper

Hindustan Copper CMD Arun Kumar Shukla suggested this to the government at a round-table discussion held during the 6th National Conclave on Mines and Minerals

Musk hopes Tesla won't need to enter mining business: Report

While the idea of Tesla entering the mining business is quite exciting, CEO Elon Musk said he hopes the company would prefer it if it did not have to enter the industry

Rajasthan enters uranium mining, issues LoI to Uranium Corporation

The Rajasthan government has forayed into the field of uranium mining by issuing a letter of intent (LoI) to Uranium Corporation of India.

Vedanta pledges 5.77% stake in Hindustan Zinc for Rs 8,000-cr term loan

The Cabinet Committee on Economic Affairs had last month approved the sale of the government's remaining stake of 29.5% in Hindustan Zinc

ED raids 20 locations linked to Jharkhand CM's close aide, claims BJP MP

BJP MP said that places linked with Jharkhand Mining Department Secretary Pooja Singhal in Ranchi, Delhi, Rajasthan, and Mumbai are being raided

NMDC conducts e-auction of 8,337 carats rough diamonds from Panna mines

State-owned NMDC on Thursday said it has conducted an e-auction of 8,337 carats rough diamonds produced at its Panna diamond mines in Madhya Pradesh.

Mining firm BHP first-half profits beats estimates, triggers talk of M&A

Iron ore prices, however, have halved from last year's record levels as China's push to curb emissions and easing construction activity in the country's debt-laden property sector curtailed demand

Brazilian mining firm Vale drops $1.2 billion claim in Steinmetz dispute

Vale and Steinmetz have been locked in a multi-pronged legal battle for years resulting from a failed mining joint venture in Guinea

World's biggest miners brace for change after period of 'bumper profits'

The pandemic has been a double-edged sword for the sector over the six months and China's economy is adding to the uncertainty.

Rahul woos voters in Goa's mining belt, promises to restart industry

Congress will restart the mining industry as soon as the party forms government, Gandhi said, campaigning ahead of the February 14 elections

Anil Agarwal weighs merger of holding company with cash-rich India unit

The businessman has held preliminary discussions with prospective advisers about the idea of combining Vedanta Resources Ltd. with Vedanta Ltd.

Toll in Jharkhand mines mishap rises to 5, many still feared trapped

The government formed a Special Investigation Team (SIT) to probe the mishap

Goa's mining industry to resume with 'double force' after polls: Amit Shah

Amit Shah assured that the iron ore mining industry in Goa will start functioning with "double force" through a transparent auctioning process after the elections