News about Mining

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  • Rising costs, trade worries tarnish BHP profit jump, record dividend - Reuters: Money News    (2018-08-20T18:30:00Z)
    Concerns over rising costs and the impact of trade tensions between the United States and China weighed on shares of leading miner BHP on Tuesday after a 33 percent jump in annual underlying profit still missed forecasts.
  • Now, grow your own veggies without mining soil and sand from nature - Citizen Matters, Chennai    (2018-08-20T18:30:00Z)
    Sitting right here in your city, Chennai's grand old kitchen gardener-activist, S.S. Radhakrishnan, has concocted a perfect organic substitute to soil. Here's a complete guide that can help all avid urban farmers and gardeners make their own soil and pursue their passion in an even more sustainable way.
  • Green Court Sends Vedanta Plea On Sterlite Plant To Panel Led By Ex-Judge - NDTV News - Top-stories    (2018-08-20T18:30:00Z)
    The National Green Tribunal (NGT) remitted today mining company Vedanta's plea, challenging the closure of its Sterlite copper plant at Tuticorin, to a committee headed by a former judge.
  • Fury of floods: Persistent neglect of drainage & conservation - DNA: Popular News    (2018-08-19T18:30:00Z)
    Extraordinary tragedy in Kerala has brought into sharp focus the persistent, pervasive and profound neglect of drainage, waterbodies, conservation of catchment areas, excessive denudation of forest, and several other areas of resource management. With environmental clearance further relaxed by the Ministry of Forest and environment, such disasters are likely to recur more often and widely. The human deaths are most tragic but animal deaths are no less tragic. Let me enumerate the factors which are well known but needs restatement responsible for floods: having excessive rains in western ghat area is not extraordinary. In 1924, the rainfall was almost double but the loss was much less. Why has damage increased with less intense rainfall? The western ghats have been denuded and devastated with unbridled exploitation through mining. Gadgil Committee had suggested conservation measure which were ignored by everybody including civil society. His report was seen as anti-development. The chickens have come to ...
  • DNA SERIES: Despite ample contribution, Rajasthan fails to spend District Mineral Foundation fund - DNA: Popular News    (2018-08-19T18:30:00Z)
    Even after collecting a huge amount around Rs 2,000 crore from minerals mining districts in Rajasthan under the most ambitious District Mineral Foundation (DMF) trust till May this year, the state has performed poorly when it comes to allocation and use of the allocated fund from the DMF, reveals a latest study by New Delhi based Centre for Science and Environment (CSE).  As per the study, Rajasthan is among top five states in terms of collection of DMF, with a total cumulative accrual of Rs 1,782 crore till April 2018. The topmost districts in the state in terms of DMF collection are Bhilwara - Rs 290 crore, Rajsamand - Rs 250 crore, Chittorgarh - Rs 140 crore and Udaipur Rs 95 crore. Study reveals that Rs 1,062.6 crore were sanctioned for different projects under DMF. However, till April 2018, a total expenditure of Rs 129.5 crore was made which stands a mere 12 per cent of the total allocation.  “DMF is a people-centric vision of natural resource governance where their right to benefit has been put at ...
  • Rajasthan police launch videos to promote policing - DNA: Popular News    (2018-08-19T18:30:00Z)
    Rajasthan police has launched two small video clips to promote the job of policing and its relevance in the society. The videos feature several police officers who speak about their pride in their profession. The videos are also being promoted on social media by Rajasthan police as what its officers feel about the force.   Both videos open to the tune of Ai Vatan from the recent Alia Bhatt starrer Raazi and feature policemen who talk about their pride in their uniform and their profession. It has Ajay Pal Lamba the officer instrumental in the arrest of Godman Asaram for the rape of a minor, Rahul Prakash, former Alwar SP who played a vital role in the war against illegal mining and cattle smugglers in Alwar apart from a dozen others. While some officers speak in English, others speak in Hindi and Rajasthani to establish a connect with all sections of the society.     Officers express various sentiments Vikas Pathak says, he feels the same pride in wearing his khakhi as he felt the first day. Shankar Dutt ...
  • Goa may face same fate as flood-hit Kerala, warns ecologist Madhav Gadgil who `predicted` southern state disaster in 2011 - Zee News : India National    (2018-08-18T18:30:00Z)
    According to the ecologist, Goa is witnessing activities which are driven by greed for unlimited profits.
  • Vedanta to invest USD 2.3 billion in near term on oil... - DNA: Bangalore    (2018-08-18T18:30:00Z)
    Vedanta to invest USD 2.3 billion in near term on oil...
  • Facebook should be treated as content creator: US attorneys - Sify Finance    (2018-08-18T18:30:00Z)
    For the efforts it makes to "customise" audience for its advertisers, Facebook should legally be considered as a "content creator" just as any other media outlet, according to US attorneys involved in a case relating to the social networking giant's ad policies, the media reported.
  • LIVE! Rainfall intensity over Kerala decreasing: IMD - Rediff: Top Stories (India)    (2018-08-18T18:30:00Z)
  • Goa Could Face The Same Situation As Kerala, Ecologist Warns - NDTV News - Latest    (2018-08-18T18:30:00Z)
    Noted ecologist Madhav Gadgil has warned that Goa may face the same fate as the flood-battered Kerala if it does not take environmental precautions. Like other states, Goa too, is witnessing a rise in...
  • Kerala Floods: Ecologists say 'development' led to disaster - DNA: Urban Tales    (2018-08-18T18:30:00Z)
    Even as Kerala is facing its worst ever monsoon floods, environmentalists call it as a man-made disaster citing the government's failure on the environmental policy front. They attributed the devastating floods and landslides to the extensive quarrying, mining, mushrooming of high-rises on the hillside as part of tourism and illegal encroachment of forestland by private parties. All the 14 districts in the state have been placed under red alert, after 35 out of the 39 dams including Mullaperiyar, Cheruthoni, part of Idukki reservoir and Idamalayar had to be opened at the same time for the first time. The water level crossed dangerous levels which led to flooding in the downstream areas. People were stranded after several areas in the hilly districts were cut off due to landslides. The data from the Indian Meteorological Department shows that Kerala received 2,087.67 mm of rain from June 1 to August 15—a departure of nearly 30 per cent from the 3,368 mm rain in 1924. Environmentalists cited the extensive ...
  • Ghazni unsafe for aid workers: UN - Sify News    (1969-12-31T18:30:00Z)
    [Afghanistan], August 18 (ANI): The United Nations (UN) has announced that the city of Ghazni is highly unsafe for aid workers since Improvised Explosion Devices (IED) and mines are scattered on
  • Vedanta lauds SC asking NGT to decide on Sterlite plant - Sify Finance    (2018-08-17T18:30:00Z)
    Mining major Vedanta on Friday welcomed the Supreme Court's decision not to entertain the Tamil Nadu government's plea against the National Green Tribunal (NGT) order allowing the company access to the administrative unit inside its subsidiary Sterlite Copper's closed plant at Tuticorin.
  • Jim Mattis says further Taliban assaults likely in weeks ahead - DNA: Bangalore    (2018-08-17T18:30:00Z)
    Jim Mattis says further Taliban assaults likely in weeks ahead
  • Worst week in five months for FTSE 100 as EM goes south - Reuters: Money News    (2018-08-16T18:30:00Z)
    Britain's top share index failed to rebound convincingly on Friday at the end of a turbulent week for markets during which an economic crisis in Turkey spread anxiety across global financials and mining stocks.
  • Green Court Will Decide On Vedanta's Plant In Tuticorin: Top Court - NDTV News - Latest    (2018-08-16T18:30:00Z)
    The Supreme Court today refused to entertain Tamil Nadu government's plea against the National Green Tribunal's (NGT) order allowing mining major Vedanta access to the administrative unit inside its...
  • Malaysia's second-quarter GDP grows 4.5 percent, slowest pace in 1-1/2 years - Reuters: Money News    (2018-08-16T18:30:00Z)
    Malaysia's economy expanded at a much slower pace of 4.5 percent in the second quarter, hit by commodity production "shocks", leading the central bank to cut its full-year growth forecast for Southeast Asia's third-largest ...
  • Vajpayee critical: Recalling old days, Naveen Patnaik gets emotional - Sify Finance    (2018-08-15T18:30:00Z)
    [India], August 16 (ANI): As the health of former Prime Minister Atal Behari Vajpayee dropped and he was put on life-support system, several leaders rushed to the All India Institute of Medical
  • Not received Madras HC notice on Sterlite Copper plant: Vedanta - Sify Finance    (2018-08-15T18:30:00Z)
    Mining major Vedanta on Thursday said it is yet to get the Madras High Court's notice to the group's Sterlite Copper plant on a petition seeking Rs 750 crore compensation, and added it will "evaluate further course of action" only after receiving it.
  • Vajpee critical: Recalling old days, Naveen Patnaik gets emotional - Sify Finance    (2018-08-15T18:30:00Z)
    [India], August 16 (ANI): As the health of former Prime Minister Atal Behari Vajpayee dropped and he was put on life-support system, several leaders rushed to the All India Institute of Medical
  • The Next Five Years Will Be 'Anomalously Warm,' Scientists Predict - NDTV News - Top-stories    (2018-08-14T18:30:00Z)
    A new scientific tool predicts a boost to the planet's temperature over the next five years, above and beyond what global warming will already produce.
  • SC to hear TN plea against NGT order on Tuticorin plant - Sify News    (1969-12-31T18:30:00Z)
    The Supreme Court will hear on August 17 the Tamil Nadu government's plea against an NGT order to permit mining major Vedanta to access the company's administrative office inside its Sterlite copper smelting plant at Tuticorin.
  • S.Africa’s Ramaphosa proposes new sovereign wealth fund: party officials - Reuters: World News    (2018-08-13T18:30:00Z)
    South African President Cyril Ramaphosa has proposed setting up a sovereign wealth fund to help boost economic growth, and his ruling African National Congress (ANC) backs the plan, two senior party officials said on Tuesday.
  • Graphic: Lead shortages, seasonally strong demand suggest possible price revival - Reuters: Money News    (2018-08-13T18:30:00Z)
    Global trade disputes and political tensions have sent prices of battery metal lead to 14-month lows but tight supplies, shortages and seasonally strong demand for the coming northern winter suggest a possible change of tack.

CACIM @ WSF 2011