Thursday April 30, 2015
Court action against illegal mining has shut the industry in Goa for more than two years, although companies including top miner Vedanta Ltd are starting to get approval to resume work in about a month.
Thursday February 5, 2015
Goa is expected to resume iron ore production by April after action against illegal mining kept the industry shut for over two years. The state has about 8 million tonnes of ore waiting at ports that has not got a buyer due to 30 per cent duty.
India News | Edited by Mala Das | Thursday November 6, 2014
Goa mining baron Radha Timblo, who is one of the eight people named by the government in Supreme Court in connection with untaxed or black money in foreign accounts, has been summoned by the Enforcement Directorate on November 12.
India News | Sreenivasan Jain | Saturday October 18, 2014
After Karnataka and Goa, the Odisha government could be rocked by charges of illegal mining. A report by the Central Committee set up by the Supreme Court has found that 187 iron ore and manganese mines in the state are guilty of a host of violations, including mining in violation of environment and forest laws, and the excess mining of ore.
Wednesday October 8, 2014
Sesa is India's top private iron ore mining company with most of its operations in Goa, the biggest iron ore exporting state where no mining has taken place since September 2012 due to action against illegal mining.
Thursday May 1, 2014
The layoff notices were given following the closure of iron ore business of Sesa Sterlite due to a Supreme Court imposed ban on mining in the state.
Tuesday January 28, 2014
India already levies a 30 per cent tax on exports of iron ore fines and lumps since December 2011. Along with mining and export curbs in key producing states Karnataka and Goa aimed at addressing illegal mining, the tariffs have helped cut India's iron ore exports by around 85 per cent, or 100 million tonnes, over the past two years.
Thursday January 9, 2014
The ban, imposed in 2012 to clamp down on illegal mining following a similar step in Karnataka in 2011, has cut India's iron ore exports by about 85 per cent, or 100 million tonnes, over the past two years.
Tuesday November 12, 2013
Restrictions aimed at clamping down on illegal mining have slashed output and shipments from India, previously the world's third-largest exporter with over $7 billion a year of iron ore supplied mostly to China's steelmakers.
South | Press Trust of India | Wednesday October 30, 2013
The Karnataka government decided to hand over illegal iron ore mining cases, barring exports which would be probed by CBI, to Lokayukta police.
India News | Press Trust of India | Wednesday October 2, 2013
The iron ore reserves in Goa should be explored over a longer period of time through sustained mining, Chief Minister Manohar Parrikar has said.
Goa News | Press Trust of India | Saturday August 3, 2013
Goa Mining People's Front today said it would hold a week-long bandh in Goa's mining belt, seeking immediate resumption of mining in the state.
India News | Indo-Asian News Service | Tuesday March 26, 2013
The Bombay High Court bench in Panaji on Tuesday directed the Goa government to file a First Information Report against over 150 people - including politicians, mine owners and bureaucrats - who have been indicted in the Justice M.B. Shah Commission report.
India News | Press Trust of India | Tuesday March 26, 2013
Facing adverse impact of a ban on mining in the State, the Goa Government has told the Supreme Court it was willing to introduce competitive auctioning of mining leases subject to legal permission for the same.
India News | Indo-Asian News Service | Sunday March 17, 2013
Goa Chief Minister Manohar Parrikar, taking on the Supreme Court, has said it was not adhering to the judicial doctrine of "justice delayed is justice denied" when it came to Goa.
Friday January 25, 2013
Vedanta Resources subsidiary Sesa Goa has deferred 10-25 per cent of salaries to its senior employees as it grapples with huge erosion in sales and profits on account of ban on mining in Goa and Karnataka, a top company official said today.
India News | Indo-Asian News Service | Monday January 21, 2013
Goa Chief Minister Manohar Parrikar has claimed that a former Congress chief minister and a cabinet minister were involved in illegal mining in the state and that they would soon be penalised.
Thursday November 29, 2012
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.
India News | Reported A Vaidyanathan, Edited by Samira Shaikh | Friday October 5, 2012
The Supreme Court today ruled that the ban on Goa mining will continue. It also banned transportation of iron and manganese ore mined illegally in the state.
India News | Press Trust of India | Friday September 28, 2012
The Supreme Court on Friday decided to hear on October 5 a plea against resumption of iron and manganese ore mining in Goa, filed on the basis of a judicial commission's estimate that the exchequer has suffered a loss of Rs 35,000 crore due to illegal mining in the state since 2000.
India News | Reported by Rashmi Rajput, Edited by Sabyasachi Dasgupta | Sunday September 23, 2012
An application has been moved against Goa Chief Minister Manohar Parikkar to investigate his role in the alleged suicide of Dattatraya Bhave, a mines and geology official, who was suspended after the Shah Commission report on illegal mining was tabled in Parliament.
Cheat Sheet | Reported by Ketki Angre, Edited by Abhinav Bhatt | Wednesday September 12, 2012
Illegal mining in Goa cost the government Rs 35,000 crore according to a report recently presented in Parliament. The BJP won the elections in Goa just six months ago, and the new Chief Minister, Manohar Parrikar, has promised that police cases will be filed against two former Congress chief ministers. But he may be guilty of double standards.
India News | Edited by Surabhi Malik | Tuesday September 11, 2012
After the Goa government ordered shutdown of all 90 iron ore mines in the state, a crackdown is likely against two former Chief Ministers who have been indicted in the Shah Commission report on illegal mining activities in the state.
India News | Edited by Prasad Sanyal | Tuesday September 11, 2012
The Goa government has temporarily suspended operations of all the working mines in the state, pending verification of documents relating to mining activity and environmental clearances. "It is necessary in order to scrutinise clearances obtained by the mining lease holders and allowing continuation of mining without proper scrutiny and verificatio...