Profit

Mining royalty hike to put 'tremendous' pressure: Sesa Goa

PUBLISHED ON: July 3, 2013 | Duration: 5 min, 41 sec

  
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Sesa Goa believes the proposal to hike royalty rates further for the mining sector is likely to put tremendous amount of pressure on the sector. Iron ore sector hasn't fully recovered after the setback on Goa and Karnataka mining and is largely operating on a wafer thin profit basis.
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