iron ore mining in karnataka

NMDC suspends iron ore mining in Karnataka

NMDC has suspended iron ore-mining from its Donimalai mine in Karnataka following the decision of the State government to impose 80% premium on the iron ore sales from the mine. If the Karnataka government decided to stick to the 80 per cent premium, NMDC

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Mining dependents protest for free trade.

More than 6000 members of 'Karnataka Gani Avalambithara Vedike' (KGAV), including Iron ore Mining dependents from Bellary, Hospet, Chitradurga districts and surrounding mining belt, staged dharna at Freedom Park here urging the Karnataka Government to allow free trade and preference to local iron ore

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Kartikeyas Manganese and Iron Ores

ESTIMATION OF IRON ORE RESERVES / RESOURCES IN RESPECT OF M/s KARTIKEYAS MANGANESE AND IRON ORES MINING LEASE AREA (ML No.2559) DISTRICT: BELLARY, KARNATAKA. 1.0.0 INTRODUCTION 1.1.0 GENERAL 1.1.1 The extensive exploitation of Iron ore by small and large lease area holders by violating all norms fixed by the government.

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India's Karnataka state postpones auction of Donimalai

In November 2018, Karnataka had extended NMDC's lease at the mine for another 20 years until November 2038, but sought to impose an 80% royalty on sales of iron ore from the mine. As a result, NMDC has not operated the mine since then. Subsequently, on July 12, the high court said the state of Karnataka could not impose the royalty on output

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Karnataka to auction 14 iron ore mines by June

28/04/2016After almost a three-month lull of iron ore mine auctions in the country, the Karnataka government is set to auction 14 mines in June. These mines, referred to as category C mines, are primarily located in Bellary and Chitradurga districts with an estimated reserve of 127 million tonnes (MT) of iron ore.

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Supreme Court lifts ban on 45 mines in Bellary

The Supreme Court had in July banned mining in Bellary after rampant illegal mining in the area came to light. It also appointed a committee to look into illegal iron-ore mining in Bellary, Chitradurga and Tumkur districts of Karnataka. CEC in its report has also sought outright cancellation of 49 other iron-ore mines.

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NMDC Halts Iron Ore Production In All Its Mines, Except One

12/06/2019Barring the Kumaraswamy Mines in Karnataka, production of iron ore by NMDC Ltd. came to a standstill due to protest by tribals. The miner will lose 70,000 tonnes of iron ore production from Bailadilla Range in Chhattisgarh and already losing 0.5 million tonnes per month from Donimalai mines in

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Karnataka to auction 14 iron ore mines by June

28/04/2016After almost a three-month lull of iron ore mine auctions in the country, the Karnataka government is set to auction 14 mines in June. These mines, referred to as category C mines, are primarily located in Bellary and Chitradurga districts with an estimated reserve of 127 million tonnes (MT) of iron ore.

Get Price

August 31, 2018 I Industry Research Iron ore industry

commodity from Chhattisgarh and Odisha due to better quality at cheaper price, instead of sourcing low grade iron ore at a higher price from Karnataka, due to which there had been a pile-up of unsold stock of ~2.8mn tonnes of iron ore in Karnataka. To avoid further inventory build-up, companies had either stopped mining or reduced the utilisation.

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Iron Ore Mining: Iron Ore Producer Exporter in india

Sesa Goa Iron Ore is India's largest producer and exporter of iron ore in the private sector with operations in the states of Goa and Karnataka in India and a project site in Liberia, West Africa. Founded in 1954, it has about six decades of expertise in the exploration, mining and processing of iron ore.

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SC lifts annual iron ore mining ceiling in Karnataka to 35

In some good news for Karnataka's iron ore mining industry, the Supreme Court (SC) has lifted the ceiling from 30 million to 35 million tonnes for the A and B categories that it had placed on the total production in the state. The major beneficiary would be JSW Steel, which has been spending

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'12.8 lakh jobs lost in Karnataka, Goa mining sector'

"Closure of 166 iron ore mines in Karnataka's Bellary, Chitradurga and Tumkur districts since 2011 led to 80,000 direct lay-offs, affecting 8 lakh people indirectly. Similarly, suspension of all mining activities across Goa since 2012 for similar reasons resulted in the loss of 1 lakh direct and 3 lakh indirect jobs," lamented Duggal.

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Mining woes: Karnataka iron ore companies unable to

Mining industry's apex body, Federation of Indian Mineral Industries (FIMI), has decided to move the Supreme Court with an appeal to allow Karnataka's iron mining industry to sell ore to more players apart from manufacturers to clear their stock. The decision comes after it was found that some

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'12.8 lakh jobs lost in Karnataka, Goa mining sector'

"Closure of 166 iron ore mines in Karnataka's Bellary, Chitradurga and Tumkur districts since 2011 led to 80,000 direct lay-offs, affecting 8 lakh people indirectly. Similarly, suspension of all mining activities across Goa since 2012 for similar reasons resulted in the loss of 1 lakh direct and 3 lakh indirect jobs," lamented Duggal.

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Auction Of Iron Ore Mines In Karnataka

"The government of Karnataka has identified one iron ore mine for electronic auction for grant of mining lease and accordingly NIT (Notice Inviting Tender) was issued dated August 20, 2019, on MSTC website for Donimalai Mine (earlier held by NMDC) ML no 2396," according to a notice by the state government

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Indian Supreme Court allows limited iron ore mining in

20/04/2012Iron ore mining in Karnataka was banned last year as a measure against illegal mining causing environmental degradation, and the need to preserve the raw material for local steel mills. The region used to export some 100 million tonnes of iron ore annually, about half its production, but last month the Supreme Court set a production cap of just 30 million tonnes.

Get Price

'12.8 lakh jobs lost in Karnataka, Goa mining sector'

"Closure of 166 iron ore mines in Karnataka's Bellary, Chitradurga and Tumkur districts since 2011 led to 80,000 direct lay-offs, affecting 8 lakh people indirectly. Similarly, suspension of all mining activities across Goa since 2012 for similar reasons resulted in the loss of 1 lakh direct and 3 lakh indirect jobs," lamented Duggal.

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MSTC Ltd.: MSTC Limited Conducted E

18/10/2016The final bid for the iron ore mines in Karnataka was in the range of 59 to 111 per cent of the floor price — which is monthly value of the mineral dispatched from the mine. JSW group — whose firm JSW Steel is the largest steel company in the country — won five iron ore mines in Karnataka.

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JSW Steel wins iron ore mines' contract in Karnataka

The three mines are Narayanpura Manganese Iron Ore Mine, Dharmapura Iron Ore Mine BBH Mines, revealed an industry insider. 78.88% of the average monthly price of iron ore of different grades and quality are published by the Indian Bureau of Mines in Karnataka from time to time.

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Steel lobby locks horns with mining firms in Karnataka

17/08/2015Steel manufacturing companies and mining companies in Karnataka are locked in a battle over pricing of iron ore. The two lobbies have accused each other of forming cartels to earn windfall profits from e-auctions. However, they are united on one demand: open the closed iron ore mines to

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JSW Steel declared Preferred Bidder for Karnataka mines

31/07/2019KOLKATA: JSW Steel Limited has been declared as the Preferred Bidder for three iron ore mines with an estimated resource of around 92.97 million metric tonnes (MMT) in the auctions held by the government of Karnataka in July 2019. The three mines are Narayanpura Manganese Iron Ore Mine, Dharmapura Iron Ore Mine BBH Mines, the company said in a stock market notification.

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JSW Steel wins iron ore mines' contract in Karnataka

The three mines are Narayanpura Manganese Iron Ore Mine, Dharmapura Iron Ore Mine BBH Mines, revealed an industry insider. 78.88% of the average monthly price of iron ore of different grades and quality are published by the Indian Bureau of Mines in Karnataka from time to time.

Get Price

JSW Steel declared Preferred Bidder for Karnataka mines

31/07/2019KOLKATA: JSW Steel Limited has been declared as the Preferred Bidder for three iron ore mines with an estimated resource of around 92.97 million metric tonnes (MMT) in the auctions held by the government of Karnataka in July 2019. The three mines are Narayanpura Manganese Iron Ore Mine, Dharmapura Iron Ore Mine BBH Mines, the company said in a stock market notification.

Get Price

Indian Supreme Court allows limited iron ore mining in

20/04/2012Iron ore mining in Karnataka was banned last year as a measure against illegal mining causing environmental degradation, and the need to preserve the raw material for local steel mills. The region used to export some 100 million tonnes of iron ore annually, about half its production, but last month the Supreme Court set a production cap of just 30 million tonnes.

Get Price

August 31, 2018 I Industry Research Iron ore industry

commodity from Chhattisgarh and Odisha due to better quality at cheaper price, instead of sourcing low grade iron ore at a higher price from Karnataka, due to which there had been a pile-up of unsold stock of ~2.8mn tonnes of iron ore in Karnataka. To avoid further inventory build-up, companies had either stopped mining or reduced the utilisation.

Get Price

NMDC Halts Iron Ore Production In All Its Mines, Except One

12/06/2019Barring the Kumaraswamy Mines in Karnataka, production of iron ore by NMDC Ltd. came to a standstill due to protest by tribals. The miner will lose 70,000 tonnes of iron ore production from Bailadilla Range in Chhattisgarh and already losing 0.5 million tonnes per month from Donimalai mines in

Get Price

Auction Of Iron Ore Mines In Karnataka

"The government of Karnataka has identified one iron ore mine for electronic auction for grant of mining lease and accordingly NIT (Notice Inviting Tender) was issued dated August 20, 2019, on MSTC website for Donimalai Mine (earlier held by NMDC) ML no 2396," according to a notice by the state government

Get Price

Mining dependents protest for free trade.

More than 6000 members of 'Karnataka Gani Avalambithara Vedike' (KGAV), including Iron ore Mining dependents from Bellary, Hospet, Chitradurga districts and surrounding mining belt, staged dharna at Freedom Park here urging the Karnataka Government to allow free trade and preference to local iron ore

Get Price

JSW Steel Declared As Preferred Bidder For Iron Mines In

The Company has been declared as the Preferred Bidder for another 3 iron ore mines (Narayanpura Manganese Iron Ore Mine, Dharmapura Iron Ore Mine BBH Mines) in the auctions held by the Government of Karnataka in July 2019. The estimated resources of the aforesaid mines

Get Price

Indian Supreme Court allows limited iron ore mining in

20/04/2012Iron ore mining in Karnataka was banned last year as a measure against illegal mining causing environmental degradation, and the need to preserve the raw material for local steel mills. The region used to export some 100 million tonnes of iron ore annually, about half its production, but last month the Supreme Court set a production cap of just 30 million tonnes.

Get Price

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