Despite lockdown, mining operations continue, scaled down by COVID-19 fearsWhile the 21-day lockdown has brought life to a standstill in most parts of the country, mining and transportation of ore continued in Odis...
26 Mar, 2020, 11.00 PM IST
Vedanta implementing resolution plan for acquisition of FACORIn a regulatory filing the company said, the consideration for the acquisition is in the form of "upfront cash and non-convertible debentur...
31 Jan, 2020, 02.28 PM IST
Dispute over Saruabil Mine delays Tatas from being declared winnerAfter Tata Steel unit emerged as highest bidder, Misrilall Mine approached the Orissa High Court against denial of licence extension to it,...
17 Dec, 2019, 07.46 AM IST
HC asks state to let Misrilall Mine match highest bid to retain Saruabil MineMisrilall Mine, which has been mining it for the past 65 years, had approached the Orissa High Court against denial of a licence extension ...
16 Dec, 2019, 11.24 PM IST
Aggressive bidding derails Odisha's iron ore auctionsThe decision was taken after Adani group and ArcelorMittal, who participated in the first of two rounds of auctions, complained against JSW...
02 Dec, 2019, 05.20 PM IST
Tata Steel subsidiary bags second chrome mine after Misrilall in e-auction in OdishaThe aggressive bidding for the chrome deposits has surprised some in the industry despite the fact that the Saruabil mine was considered a ...
23 Oct, 2019, 11.38 PM IST
Industry divided over Odisha's decision to auction chrome minesNeither the players, dependent on these mines, nor Tata Steel which both sold and consumed chrome from the mine is happy with the state gov...
07 Aug, 2019, 11.12 PM IST
HC to hear petition alleging Odisha government's move to favour Tata SteelThe HC is hearing a petition challenging the Odisha government’s recommendation to increase the prescribed area cap allowed to an individua...
06 Mar, 2019, 11.51 AM IST
Conditions for auctions of next few blocks in Odisha could keep Tata Steel outThe move comes in the wake of a court order staying auction proceeding of two iron ore deposit that the steelmaker had bid for in April.
05 Jun, 2018, 12.01 AM IST
Centre’s move to get parliamentary approval for an Ordinance an uphill challengeOdisha, which accounts for 50-70% of the country’s production of iron ore, bauxite and chrome, is not the only state wary of the introducti...
23 Feb, 2015, 11.03 PM IST
Coal auction lessons: Investors are willing to bet capital when transparent policy is offeredA valid concern of auctions is whether an asset bubble is being created, esp, when national mining cos are themselves announcing large grow...
22 Feb, 2015, 10.58 AM IST
Odisha government decides to put all new mines up for auctionOdisha government has decided to put all new iron ore, bauxite and chrome mines up for auction, including one of Tata Steel.
06 Jan, 2015, 04.42 AM IST
Mining royalties set for significant hikesReviewing royalty on major minerals - an exercise carried out by the central government every three years - the study group recommended a 5...
02 Jul, 2013, 04.00 AM IST
- World Bank offers support for Odisha's mineral sector
Asking Odisha government to identify a mineral resource corridor in the state, a World Bank delegation today offered to provide technical a...
31 Jan, 2013, 09.28 PM IST
- Odisha to reserve future metal leases for Orissa Mining Corporation
The Odisha government has decided to reserve all future iron ore, bauxite, manganese & chromite leases for Orissa Mining Corp.
25 Sep, 2012, 06.26 AM IST
- Odisha plans e-auction from next year to curb illegal mining
India's top iron ore producing state of Odisha plans to go in for e-auction from next year to curb illegal mining.
20 Sep, 2012, 05.06 AM IST
- Orissa mining to e-auction chrome from second quarter
Beginning second quarter, Odisha's state-owned mining firm will e-auction chrome, an ore essential to make stainless steel.
27 Apr, 2012, 07.44 AM IST