Government comments on iron ore positive: Sesa Goa
Aug 26, 2013
Walk The Talk with Manohar Parrikar (Part 2)
Jun 29, 2013
FY14 volumes from Karnataka at 2.29 MT: Sesa Goa
Apr 22, 2013
Wednesday July 9, 2014
Supreme Court, in April this year, allowed an annual cap of 20 million tonnes of iron ore to be extracted in Goa which was banned by it in the state for nearly one-and-a-half years.
Thursday July 3, 2014
The miner expects its total iron ore output at 9.29 million tonnes in the current fiscal year to March 2015, Aniruddha Joshi, a vice president at Sesa Sterlite that operates in Goa and neighbouring Karnataka, told Reuters in an interview.
Sunday May 25, 2014
The Goa government has said it will adopt a transparent mechanism to award mining leases in future and is studying the Supreme Court order lifting ban on iron ore extraction before taking a decision on vacating current mine operators whose fate hangs...
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.
Wednesday April 23, 2014
The Supreme Court lifted a 19-month old ban on mining in Goa on Monday, although it capped annual output in the state at 20 million tonnes. More supply from Goa, which exports nearly all its output, is likely to add to an expected surplus in the worl...
Tuesday April 22, 2014
In a statement, the Vedanta Group firm said that the apex court has held that all mining leases in Goa, including those of Sesa Sterlite, have expired in 2007 and hence, no mining operations can be carried out until renewal/execution of mining lease ...
Tuesday April 22, 2014
The Supreme Court lifted a 19-month old ban on mining in Goa on Monday, a move that will put more pressure on global prices although it capped annual output in the state at 20 million tonnes.
Monday April 21, 2014
The top court today allowed an annual cap of 20 million tonnes of iron ore to be extracted in Goa which was banned by it in the state for nearly one-and-a-half years.
Monday April 21, 2014
A bench comprising justices A K Patnaik, S S Nijjar and F M I Kalifulla, however, said expert panel will give final a recommendation on annual cap on excavation of iron ore within six months.
Friday April 4, 2014
The Supreme Court is expected to rule on lifting an 18-month old mining ban in Goa soon, after which operations may resume in September, following the monsoon, a Sesa Sterlite official said on Friday.
Sunday March 30, 2014
Donations by mining conglomerate Vedanta Resources to Indian political parties were cut by half to over Rs 5 crore ($0.97 million) in 2012-13.
Wednesday March 26, 2014
Iron ore mines in Goa are likely to restart operations from September, though approvals to resume operations may arrive in the next two or three months, a top industry official said on Wednesday.
Tuesday March 11, 2014
Metals producer Sesa Sterlite said it may have to cut jobs if a top court sets a limit on the amount of iron ore it can mine in Goa when and if it allows mining to restart in what used to be the country's top exporter.
Monday February 10, 2014
The ban in Goa had frozen shipments that reached about 50 million tonnes in the 2010/11 fiscal year. India's top court is hearing an appeal to resume 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 ir...
Tuesday January 14, 2014
The ban on iron ore mining by the Supreme Court had adversely impacted economic activities in Goa and also the collection of import and export duties.
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.
Thursday January 2, 2014
Bans on iron ore mining and exports in top producing states of Karnataka and Goa have choked the industry so hard that MMTC is one of many firms exiting. Even if efforts to fully lift the bans make it past the many bureaucratic and legal hurdles, iro...
Monday December 30, 2013
Vedanta, controlled by metals tycoon Anil Agarwal, has been hurt by the ban on iron ore mining in Karnataka and Goa over the last few quarters.
Saturday December 28, 2013
A plea to union Finance Secretary Sumit Bose by the Goa Chamber of Commerce and Industry (GCCI) Saturday urged the central government to help the state's economy, whose "every sector is reporting lower volumes" due to a current ban on mining.