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KARNATAKA ORE
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...
Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
Supreme Court upholds higher mining royalty after law changeThe Supreme Court ruled that state governments can charge higher royalties from mining companies if laws change after a tender agreement. I...
PM Modi hails approval of railway projects enhancing connectivity across six states in IndiaPrime Minister Narendra Modi lauded the Union cabinet's approval of three new railway projects. These projects, costing approximately Rs. 2...
NMDC hikes iron ore prices by up to 11.1% effective April 5In a pivotal move, NMDC, the state-owned giant, is set to hike iron ore prices effective April 5, 2026. Following an unprecedented producti...
Mineral industry body seeks withdrawal of Karnataka government's guidelines on iron ore transportationAccording to the Federation of Indian Mineral Industries (FIMI), Southern Region, the state government must clarify on the transportation o...
Karnataka mining: SC permits firms to export excavated iron oresIron ore exports from Karnataka were banned in 2012 by the apex court with an aim to preventing environmental degradation and to ensure tha...
FIMI urges govt to remove trade barriers imposed due to e-auction mechanismKarnataka is the only state in India where the miners have no commercial freedom to sell their product, where entire ore has to be sold thr...
Federation of Indian Mineral Industries lobbies K'taka govt to help repeal iron ore trade banThe restrictions on sale of iron ore in Karnataka were imposed by the Supreme Court keeping in mind the situation prevailing in 2011-12, wh...
FIMI seeks govt support for iron ore export from KarnatakaThis way Karnataka will also be able to contribute to the 300 million tonne steel production target as most of the steel plants are based o...
JSW Steel to set up Rs 2,100 crore pipeline in KarnatakaJSW Steel has been operating its 12 MTPA (million tonne per annum) integrated steel plant at Vijayanagar works in Karnataka.
JSW Steel to set up a slurry pipeline from coastal Karnataka to VijayanagarJSW Steel Limited has been operating its 12 million tonne per annum (mtpa) integrated steel plant at Vijayanagar works in Karnataka.
JSW Steel aims to source 50 per cent iron ore from captive minesJSW Steel, one of India's largest steelmakers, is aiming to get at least half of its iron ore requirements in Karnataka from captive source...
- Lack of quality iron ore hits Karnataka steel mills operations
Steel mills in Karnataka that account for a fourth of India’s production of the alloy are operating at 60-70% capacities, due to nonavailab...
- Goa government told to furnish data on iron ore exported through Mormugao Port Trust
Goa govt has been asked to furnish data on allegations that MPT used to export iron ore even as neighbouring state had banned the activity.
- Probe illegal export of Karnataka ore from Goa ports: Santosh Hegde
Former Karnataka Lokayukta Justice Santosh Hegde has sought the Goa government to investigate into those responsible for allowing ore from ...
- Karnataka ore exporters may miss China biz
The non-issuance of export permits comes at a time when exporters from the Bellary-Hospet region have been flooded with orders from China.
- Supreme Court issues notice on iron ore export ban
The Supreme Court issued a notice to the Karnataka state government on Friday asking why it must not admit an appeal by mining firm MSPL Lt...
- Karnataka ore ban hits biz of New Mangalore Port
Along with Tadiri and Billikere, New Mangalore Port Trust ships close to a half of Karnataka’s 30 million tonne of iron ore.