News about Mining

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  • Temporary disruptive effect of GST over, says DEA Secretary - Hindu: Business    (2017-10-16T18:30:00Z)
    Economic Affairs Secretary S.C. Garg today said the temporary disruptive effect of the Goods and Services Tax (GST) is over as the manufacturing sector recorded positive growth of 3.1% in August.Com...
  • 'No shortage of sand in DK' - Deccan Herald - News    (2017-10-15T18:30:00Z)
    The department of Mines and Geology has clarified that there is no shortage of sand in Dakshina Kannada district. The deputy director of Mines and Geology department said that temporary permits have been issued to 41 contractors who are engaged in extracting sand manually in the district. The district administration had invited applications from traditional contractors to extract sand manually from 20 sandbars coming under Coastal Regulation Zones (CRZ) in the district. The department had given time till September 24 for the traditional sand contractors to submit documents to prove their experience in extracting sand manually. The process of issuing permits to contractors, who have more than two to three years of experience is being scrutinised. The permits will be issued shortly. Further, the release said that the department will also take measures to identify communities that extract sand traditionally in non-CRZs in the district. Permits will be issued for them as per the circular issued by the ...
  • Recent Development Indicates Bitcoin Progress - New Kerala: World News    (2017-10-16T18:30:00Z)
    NEW YORK: Bitcoin continues to be the most desirable cryptocurrency. According to data provided by Crypto Coins News, Bitcoin's share of the total market cap fell as low as 34pc after entering the year at 88pc throughout 2017.
  • Coal India may consider price hike if unable to contain operational costs - News    (2017-10-15T18:30:00Z)
    Faced with the burden of an additional cash outflow of atleast Rs. 5,600 every year on account of wage revision, Coal India may eventually hike coal prices to maintain its profit margin. It may happen in case the Maharatna company is not able to curtail its operating costs.Although an immediate price hike isn't under consideration, senior company officials are of the view that first, they need to curtail operating short-term and mid-term costs like closure of loss making mines, offering voluntary retirement scheme to curtail direct employees and opt for mine mechanisation."Eventually, if these doesn't help to maintain margins and in case global coal prices starts going up to touch, say, $ 100 a tonne, we may have to opt for a price correction", a senior company official told Business Standard.After a prolonged sluggish period, coal prices are currently hovering around $ 91 a tonne.Wages and other employee benefit expenses account for 48 per cent of the total cost overhead of the ...
  • Good work done in MP’s industrial sector : Union Minister Tomar - Central Chronicle    (2017-10-15T18:30:00Z)
    Bhopal : Union Minister for Panchayati Raj, Rural Development and Mining Narendra Singh Tomar has... more »
  • Dalmia Cements bags Green Award - Hindu: News    (2017-10-15T18:30:00Z)
    Dalmia Cement (Bharat) Limited, Dalmiapuram, has bagged Green Award-2016 from Tamil Nadu Pollution Control Board for the second time.The industry is the only cement plant and one among the three orga...
  • Tokyo stocks open higher after strong showing on Wall Street - All News-IANS Stories    (2017-10-15T18:30:00Z)
    Tokyo stocks opened higher on Monday tracking a solid lead from Wall Street late last week.
  • NGT-GANGA - Hindu: News    (2017-10-15T18:30:00Z)
    NGT—GANGA NGT directs Centre to submit report on steps to clean Ganga New Delhi, Oct 15 (PTI) The National Green Tribunal has directed the Centre and the Uttar Pradesh and the Uttarakhand governments ...
  • HRF elects new committees - Hindu: Home    (2017-10-15T18:30:00Z)
    The Human Rights Forum on Sunday elected two separate committees for its Telangana State and Andhra Pradesh units on at the second day of the 7th conference for both the States which ended at Mancher...
  • Draft proposal for new National Mineral Policy soon - HBL: Home    (2017-10-14T18:30:00Z)
    Industry concerns not likely to be addressed
  • NGT directs Centre, UP govt to submit report on steps to clean Ganga - All Current Affairs Stories    (2017-10-14T18:30:00Z)
    Earlier, the green panel had passed a slew of directions to rejuvenate Ganga
  • Tata Steel targets 20% women workforce by 2020 to bring in diverse mindsets - News    (2017-10-14T18:30:00Z)
    A company executive said a diverse workforce would ensure that Tata Steel has different mindsets dealing with challenges in different ways
  • NGT asks Modi & Yogi govts: What steps taken to clean Ganga? - Zee News : India National    (2017-10-14T18:30:00Z)
    The NGT has directed the Centre, Uttar Pradesh and Uttarakhand governments to file affidavits.
  • NGT directs Centre to submit report on steps to clean River Ganga - Hindu: News    (2017-10-14T18:30:00Z)
    The matter is listed for next hearing on October 24.
  • NGT directs Centre to submit report on steps to clean Ganga - Hindu: News    (2017-10-14T18:30:00Z)
    The National Green Tribunal, in a detailed judgement, had passed a slew of directions to rejuvenate Ganga
  • NGT directs Centre to submit report on steps to clean Ganga - BusinessLine - News    (2017-10-14T18:30:00Z)
    The National Green Tribunal has directed the Centre and the Uttar Pradesh and the Uttarakhand governments to file affidavits stating what steps they have taken to comply with its directions to clean ...
  • Move to divert MML funds for farm loan waiver triggers row - Deccan Herald - News    (2017-10-13T18:30:00Z)
    In a setback to the state government, employees of Mysore Minerals Limited (MML) have opposed diverting its surplus funds to cooperative banks to meet Chief Minister Siddaramaiah's commitment of waiving farmers' loans. Getting the profit-making MML to deposit its investible surplus funds of Rs 1,400 crore with the Karnataka State Cooperative Apex Bank Limited is one way the government is looking to capitalise cooperative banks to make up for the Rs 8,165 crore waiver of short-term loans that 22.27 lakh farmers had borrowed. Depositing funds with cooperative funds is not feasible, the Mysore Minerals Employees' Association has stated, while painting a gloomy future ahead for the company. About 90% of the company's mining operations have been stalled due to environmental regulations and 2,422 employees have left the workforce since 1998, with over four-fifths of the existing 900 employees due to superannuate in the next three years, the Association pointed out. "Of the seven operational mines, only two ...
  • NoC must for drawing groundwater: Centre -    (2017-10-13T18:30:00Z)
    Industries and mining and infrastructure projects may have to obtain a no objection certificate (NoC) for drawing groundwater, with the Centre proposing new guidelines. According to the draft issued by the Ministry of Water Resources, all existing and new industries, and mining and infrastructure projects must obtain an NoC for drawing groundwater. However, individual domestic households and the agriculture sector have been exempted. The guidelines, intended for better management of groundwater, also proposed to levy a new water conservation fee based on the quantum of extraction. The fee will depend on the use, area and quantity, and varies from Re 1 to Rs 6 per cubic metre. A cubic metre is 1,000 litres, and the fee should be paid to the state government agencies. The guidelines were sent to the states, seeking their comments, an official told DH. Individual households having up to 2 HP pumps from a single tubewell in their premises will be exempted from seeking the NoC. The NoC would be considered ...
  • World's First Lab Diamond Luxury Showroom Opens in San Francisco - New Kerala: World News    (2017-10-14T18:30:00Z)
    SAN FRANCISCO: In honor of Ada Lovelace Day, Ada Diamonds today announced the opening of the world's first luxury fine jewelry showroom exclusively dedicated to laboratory-created diamond jewelry.
  • India plans a riposte to slavery report - Hindu: National    (2017-10-13T18:30:00Z)
    To pressure ILO to distance itself from Australian NGO’s report that can potentially harm India’s image
  • Vedanta's alumina output dips 8% on lower bauxite availability - Business Standard: Companies & Industry    (2017-10-13T18:30:00Z)
    A source at Vedanta attributed the dip in production to logistics constraints
  • Report on encroachment of lakes ready: Koliwad - Hindu: National    (2017-10-13T18:30:00Z)
    K.B. Koliwad, Speaker of the Legislative Assembly and chairman of the committee on encroachments of city lakes, on Friday said the panel’s report is ready and will be tabled in the Belagavi session o...
  • MOIL to contribute Manganese for use in batteries of electric vehicles: Birender Singh - New Kerala: India News    (2017-10-13T18:30:00Z)
    New Delhi: MOIL must make significant contribution to Make in India by developing technology to meet Manganese requirement of batteries to be used in Electric Vehicles etc., said Steel Minister Shri Birender Singh while chairing mid-year review meeting of MOIL, a PSU under Ministry of Steel. The Minister asked the PSU to plan for building capacities in tungsten mining and production for strengthening manufacturing capabilities for defense production in India. The meeting was attended by Secretary, Steel Dr. Aruna Sharma, senior officials from Ministry of Steel and top management of MOIL.
  • Plea to Centre to stop state from reducing deemed forest area - Deccan Herald - State    (2017-10-12T18:30:00Z)
    The former chairman of the Western Ghats Task Force, Anant Hegde Ashisara, sought the intervention of the Central government in protesting deemed forests in Karnataka. "Karnataka had nearly 10 lakh hectares of deemed forest in 2002, which was reduced to five lakh hectares in 2014-15. The state government plans to further reduce the deemed forest for allowing non-forestry activities. Therefore, we urge you to take up the matter with the state government to ensure no more reduction in the deemed forest area in future," he said in a memorandum submitted to Union Minister for Forests, Environment and Climate Change Harsh Vardhan. "Since revenue lands with features of forests and having 50 trees per hectare are identified as deemed forests, there is an urgent need to preserve them for the livelihood security of millions of people." The state government had allocated 1,000 acres of deemed forest to the University of Agricultural and Horticultural Sciences, Shivamogga. This land should be retrieved from the ...
  • Farmers warn 'Jail Bharo' on Oct 17 - Deccan Herald - News    (2017-10-12T18:30:00Z)
    Farmers of the district, who have been staging an indefinite protest for the past four days against illegal mining activities and demanding the release of water from Krishnaraja Sagar (KRS) and Hemavathy reservoirs for summer crops, warned the government of staging a 'Jail Bharo' protest if their demands are not met. Addressing the agitators here on Friday, Raitha Sangha vice president Konasale Narasaraju said that the government is neglecting farmers. "If it fails to respond to the protest, it would become inevitable to stage a 'Jail Bharo' on October 17," he said. Pointing out that drought and insufficient rains are due to illegal mining activities, he said the district in-charge minister should convene a meeting and release water to all the canals under KRS and Hemavathy limits to enable farmers to take up cultivation of crops. The government has failed to distribute drought compensation. As the compensation amount is not reaching farmers, they are anxious. The authorities concerned should take ...

CACIM @ WSF 2011