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FIMI wants Karnataka to submit factual position on iron ...

Aug 19, 2020· On the other hand, where ore is imported by consumers in Karnataka, the state earns only 2.5% import duty, the Federation contended. In 2018-19, approximately 6.67 million tonnes of iron ore was imported into the state, as a substitute for locally produced iron ore, thereby leaving the unsold stock in mines and causing loss of revenue to Karnataka.

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Mining In Karnataka: Latest News, Photos, Videos on Mining ...

Dec 30, 2013· Iron ore mining in Karnataka will take a minimum of two years to become fully operational after the Supreme Court verdict allowed resumption of mining at category-A & B mines …

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SC asks Karnataka govt for alternatives to e-auction of ...

Several mining companies and the Federation of Indian Mineral Industries (FIMI), a mining industry body had sought a halt on e-auction for sale of iron and manganese ores in Karnataka as per the ...

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JSW Steel declared Preferred Bidder for Karnataka mines ...

Jul 31, 2019· KOLKATA: JSW Steel Limited has been declared as the Preferred Bidder for three iron ore mines with an estimated resource of around 92.97 million metric tonnes (MMT) in the auctions held by the government of Karnataka in July 2019. The three mines are Narayanpura Manganese & Iron Ore Mine, Dharmapura Iron Ore Mine & BBH Mines, the company said in a stock market notification.

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Iron ore export ban costs Karnataka Rs 29,000 crore in 10 ...

Aug 24, 2020· Ever since the iron ore mining scam broke out nearly a decade ago, the export ban from Karnataka is not just hurting miners with lack of capacity absorption, but also realisation of the full value ...

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Panel urges SC not to ask NMDC, MML to meet iron ore ...

Jul 30, 2020· Further, the State has auctioned four out of the 11 expired mining leases. These four mining leases with a MPAP of 2.43 MMT are also ready to commence operation at the earliest. Production of iron ore in Karnataka will be about 35.726 …

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iron mining in karnataka - till-dawn.co.za

iron mining in karnataka_Is the Iron Ore mining license issued in Karnataka, India Apr 11, 20190183;32;Traditionally, only public sector companies in India were given mining licences. But in rece

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Many Karnataka iron ore mines still shut, despite Supreme ...

The apex court banned mining of iron ore in Karnataka in July 2011 following allegations of illegal mining that had resulted in large scale abuse of the environment. Subsequently, the court ...

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NMDC Ltd suspends iron ore-mining in Karnataka | India.com

Nov 20, 2018· Hyderabad, November 20 (PTI): NMDC Limited has suspended iron ore-mining from its Donimalai mine in Karnataka following the decision of the State government to impose 80 per cent premium on the ...

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Steel lobby locks horns with mining firms in Karnataka

Aug 17, 2015· The notices alleged that taking advantage of the shortfall in supply of iron ore, mining companies in Karnataka have started demanding higher prices in e-auctions. It was in April 2013 that the Supreme Court of India allowed private mining companies to participate in e-auctions. Only 20 out of 115 iron ore mines are operational and a mining cap ...

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Iron ore mining in Karnataka: Challenges massive, but here ...

Jan 15, 2018· Iron ore mining in Karnataka: Challenges massive, but here is what will bring respite. Published: January 15, 2018 4:00 AM. In a major relief to steel and mining …

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Iron Ore Distribution in India | Types of Iron Ore | PMF IAS

Jan 24, 2016· Iron Ore in Jharkhand. 25 per cent of reserves. First mine in Singhbhum district in 1904. Iron ore of here is of highest quality and will last for hundreds of years. Noamandi mines in Singhbhum are the richest. Magnetite ores occur near Daltenganj in Palamu district. Iron Ore in Karnataka. Iron ores are widely distributed.

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Illegal iron mining in Karnataka cost India Rs 50,000 ...

Aug 10, 2012· NEW DELHI: The national exchequer lost more than 50,000 crore because of illegal mining of iron ore in Karnataka, a Supreme Court-appointed panel of experts has said.. The Central Empowered Committee (CEC) told the court on Thursday that not only was there illegal mining in the state but also concealment of the actual sale of the ore by private sector companies.

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Karnataka iron ore mines stuck with 6.5 million tonnes of ...

Apr 25, 2019· Iron ore miners in Karnataka are stuck with 6.5 million tonnes of unsold inventory as against 1.5 mt a year ago. And one of the reasons is that the steel companies are buying ore from other states, while Karnataka mines are not allowed …

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Donimalai effect: Iron ore price in Karnataka set to fall ...

With NMDC set to restart mining at Donimalai in Bellari district of Karnataka, iron ore supply is bound to increase and bring down prices particularly when many sponge iron and pellet ...

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Mining entities in Karnataka expect iron ore prices to ...

Oct 17, 2019· Mining entities in Karnataka are expecting iron ore prices to fall as supply from NMDC's Donimalai mines is likely to restart. Also, lesser offtake due to a decline in demand for the steel sector. To ensure seamless renewal of mining leases allocated to the government companies, the Union government recently amended the Minerals (Mining) by ...

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Karnataka: BGML may pave way for industries park, MECL to ...

Aug 28, 2020· At the other end, the much disputed premium and royalty stalemate on the richest iron ore mine in Karnataka, between the centre and state, has been cleared by the two parties.

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JSW Steel, Kirloskar Ferrous win iron ore mines in ...

Sep 06, 2018· Five iron ore mines were auctioned in Karnataka over the past three days. JSW Steel and Kirloskar Ferrous were among the winners, as was Minera Steel & Power. Names of the other two were not available. The auction started on Tuesday and continued till late evening on Thursday. The total capacity of these mines is 5.73 million tonnes per annum.

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Federation of Indian Mineral Industries lobbies K'taka ...

Aug 19, 2020· The restrictions on sale of iron ore in Karnataka were imposed by the Supreme Court keeping in mind the situation prevailing in 2011-12, when mining operations had come to a complete halt in view of prohibitory orders of the apex court. As per estimates, the gross loss over a 10-year period to the state of Karnataka due to the ban on iron …

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Removal of restrictions on sale of iron ore sought - The Hindu

Jul 21, 2020· Karnataka Gani Avalambithara Vedike (KGAV), a body that represents mining workers and their dependants, has on Monday sought the removal of restrictions on sale of iron ore from Karnataka.KGAV said th

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iron ore: Donimalai iron ore issue will be solved in three ...

The renewal (of Donimalai iron ore mining) was pending since 2018 after the completion of 50 years.(representative image) Bengaluru: Union Minister for Coal and Mines …

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NMDC plan to produce more iron ore in Karnataka gets the ...

Dec 18, 2019· Chhattisgarh govt. extends four mining leases. Public sector miner NMDC’s plan to enhance production of iron ore from Kumaraswamy mines in Karnataka …

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India: Report alleges widespread child labour in Karnataka ...

Our Mining Children: Report of Fact Finding Team on Child Labourers in Iron Ore and Granite Mines, Bellary District of Karnataka. Author: mines, minerals & PEOPLE (mm&P); full report team: Dr. Shantha Sinha, M.V.Foundation, Hyderabad; Enakshi Ganguly Thukral, HAQ-Centre for Child Rights, New Delhi & Campaign against Child Trafficking; K. Bhanumathi – Samata, Hyderabad & mm&P; Dr ...

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Iron mining curbs in Karnataka, Goa force firms to throw ...

Bans on iron ore mining and exports in top producing states of Karnataka and Goa have choked the industry so hard that MMTC is one of many firms exiting.

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In a first, Karnataka to e-auction iron ore leases - The Hindu

Mar 24, 2016· Come February 2016, Karnataka will, for the first time in the country, e-auction ‘C’ category iron ore mining leases, following the direction of …

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No takers for 5 MT iron ore in Karnataka | Deccan Herald

Iron ore mining industry is staring at an unsold stock of over 5 million tonnes in Karnataka, thanks to import of a record 6.1 million tonne of ore by steel mills during the current financial year.

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Iron and Steel Industry Karnataka | Karnataka’s Iron and ...

Aug 15, 2017· Karnataka has 24 mines of iron ore under the private sector. There are 2 mining leases in the public sector. The state is also rich in other mineral deposits needed for the iron and steel industry. These include minerals like manganese, lime stone, silica, etc. They are easily available for …

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JSW Steel wins five iron mines in Karnataka, coal mine in ...

“The company has won five mines in the auctions of C-category iron ore mines in Karnataka. Two mines (0.71metric tonnes per annum (MTPA) capacity) will be operational by first half of 2017-18 ...

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