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IRON ORE LEASES
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIt is probably time to be bullish as an investor. But remember two things. One: Valuations are still not cheap. Two: Because it is over and...- ED attaches over Rs 1,000-cr assets in Goa 'illegal' iron ore mining caseThe Enforcement Directorate has seized assets exceeding Rs 1,023 crore, including properties in Singapore, in a Goa illegal iron ore mining...
- 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...
- JSW Steel submits notice to surrender lease of iron ore block in OdishaJajang iron ore block in Keonjhar, is one of the four iron ore mining leases which were acquired through an auction in 2020, JSW Steel said...
- Auctioning of mining leases in Goa to get over by Nov 2022, fresh extraction to start a year later: CM Pramod Sawant"The state government cannot stop major national and international players from participating in the auctioning, but they will be prohibite...
- Centre plans to end iron ore leases for mines that don't output after 7-8 months of auctionFurther, many of the successful bidders who have started production have not maintained the production and dispatch quantity up to the leve...
- NMDC's Donimalai iron ore mine to be operationalised, Govt extends mining leaseThe development comes as a major relief to steelmakers in Karnataka and various stakeholders and steelmakers as there is an acute shortage ...
- Steel sector may face short-term disruption in iron ore supplies with 232 mines expiry: ReportConsequently, any significant delay with respect to auctions and more specifically lease transfers will affect iron ore supply and prices, ...
- Steel makers may see up to 20% rise in cost: CrisilIn March 2020, leases for more than 30 iron ore mines, which account for nearly 62 million tonnes (mt) of ore — comprising 50-55% of Odisha...
- Steel makers without captive mines are likely to face up to 20% hike in costsIn FY2019, domestic production of ore is estimated at around 207 mt, 65-70% of which was by merchant miners and the rest by captive steelma...
- Lease deed of NMDC's Donimalai iron ore mine renewed for 20 yrsState-owned NMDC Tuesday announced the renewal of lease deed of Donimalai iron ore mine in Karnataka for 20 years.
- Questions over lease extension to iron ore miner in OdishaThe opposition Congress party wants Serajuddin and Co’s rights withdrawn, but the state defends the decision.
- Goa eyes exporting 20 MT iron ore; open to discount in pricesMiners in Goa expect to sell 20 million tonnes (MT) of iron ore that they have been allowed to mine from the state and are prepared to slas...
- Odisha government approves reopening of seven more minesThe Odisha government's inter-departmental committee on mining today approved reopening of seven more mines as per provisions of the Mines ...
- Government says there is no dearth of iron ore in country"There is sufficient production of iron ore to meet the current demand of the steel industry in the country," Minister of State for Mines a...
- Raw material shortage hits sponge iron, pellet manufacturersBetween April and October this year, supplies of iron ore fines totaled just 8.7 million tonnes (mt), compared with 15.1 mt in a year earli...
- Sesa Sterlite hopes to restart mining in Karnataka in current quarterSesa Sterlite today said it hopes to restart iron ore mining in Karnataka during the current quarter even as it is awaiting environment cle...
- Supreme Court panel for scrapping Goa iron ore leasesAll mining operations including trading of extraction of dumps stay banned.
- Illegal mining in elephant corridor during Koda ruleIllegal mining, both of iron-ore lumps and iron-ore fines, had picked up pace during the Madhu Koda regime, primarily in mineral-rich West ...
- Govt not to transfer Chiria leases to Mittal SteelThe Govt will not transfer lease of parts of Chiria mines to Mittal Steel as SAIL would require all of them.
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