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Days of excessive profits are over-Ajay Dsouza

-The Hindu New, more fair and transparent norms for iron ore mining are now being put in place in many States Hit by debilitating mining curbs (including an outright ban in some States) and a clampdown on exports through high duties, India’s iron ore industry today is a pale shadow of what it was for much of the last decade, despite some recent forward movement on restarting iron ore mining in Karnataka,...

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Growth in pits, PM targets mining in opposition-ruled states -Rajeev Deshpande

-The Times of India Under pressure to energize the economy ahead of the 2014 election, the Manmohan Singh government is reaching across political divides to rescue mining projects in opposition-ruled states of Goa, Odisha and Karnataka. With third quarter growth sinking to 4.5% and the economic survey pointing to a mining and quarrying slowdown as a reason for poor industrial growth, the Centre has decided to ask the Supreme Court to relax...

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India’s crackdown on illegal mining is a huge bonus for big miners

-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

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Mining Taking Toll on Goa's Wildlife: Environmentalists -Rupesh Samant

-Outlook Incessant digging that had been taking place around Goa's forests in search for iron ore has taken a heavy toll on wild animals and other species, according to environmentalists. Rock pythons and king cobras have been found dead in these areas, where rare species of reptiles and birds had to bear the brunt of rampant mining activity, animal rescue organisations and environmentalists in the state have said. "We have rescued hungry and...

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Orissa forms panel for iron ore distribution policy-Ruchira Singh

-Live Mint The ministerial committee will formulate policy on the distribution of iron ore and other minerals  Orissa is forming a ministerial committee to formulate a policy on the distribution of iron ore and other minerals, suggesting supplies might get tightened further after a mining ban in Goa and negligible availability in Karnataka.   A notification on this was issued late on Tuesday. The committee has to “suggest measures of making iron ore, manganese ore,...

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