Halted by the government from mining bauxite in Niyamgiri in Orissa for the $1.7 billion aluminium project, Vedanata Resources on Tuesday said it has not violated any law and would look for alternate sources of the mineral. "Vedanta Resources Plc reconfirms that there has been no regulatory violations of any kind at the Lanjigarh Alumina refinery. We are not in possession of Niyamgiri mines and no mining activity will be undertaken...
More »SEARCH RESULT
Source mines for Vedanta refinery under scanner
Soon after stalling Vedanta's proposed bauxite mining project in Orissa, the Environment Ministry today said the licence granted to mining firms supplying the mineral to its alumina refinery is under scanner. "It appears that project proponent (Vedanta) is sourcing bauxite from a large number of mines in Jharkhand for the one million tonne alumina refinery (in Lanjigarh) that are not in possession of valid environmental clearance. "This matter is being...
More »Govt rejects Vedanta mining plan on green worries
India's environment ministry on Tuesday rejected a plan by India-focused mining group Vedanta Resources Plc to mine bauxite in Orissa, dealing a blow to the company already struggling with regulatory issues in India. The decision pertains to one mining site in eastern Orissa state where it runs an alumina refinery on bauxite imported from elsewhere in India. The decision was announced in a government statement. The company is facing regulatory...
More »Patnaik to meet Manmohan over mining projects
Facing heat from the Centre over mining projects in his State, Orissa Chief Minister Naveen Patnaik is expected to raise concerns over recommendations of a government panel on the matter with Prime Minister Manmohan Singh on Monday. Mr. Patnaik said he would apprise Dr. Singh on the adverse effects the recommendations would have on investments in the State. “I shall be meeting the Prime Minister and take up matters regarding the Polavaram...
More »Sharing profits for new gains by Sunita Narain
The draft Mines and Minerals (Development and Regulation) Amendment Bill, or MMDR Bill, includes a crucial provision to share the wealth of mining — 26 per cent of the annual profits — with people who live near the projects. But industry wants this profit-sharing clause dropped. The Federation of Indian Mineral Industries (Fimi) says it will breed lazy people, who will only drink and beat up their women. The Confederation...
More »