mining

Supreme Court to hear 2007 Goa mining case

Shah Commission, which found that millions of tonnes of iron ore was illegally mined by a dozen mining companies.

Jan 30, 2017, 10:29 AM IST

Mysterious debris crash-lands in northern Myanmar

A large metal cylinder thought to be from a Chinese satellite or aircraft fell from the sky and slammed into a jade mining area in northern Myanmar, state media reported on Friday.

Nov 11, 2016, 13:18 PM IST

G. Janardhana Reddy slashes daughter's wedding budget after `big fat` invite: Report

Gali Janardhan Reddy's daughter Bramhani's wedding is scheduled to take place on November 16. 

Oct 25, 2016, 11:55 AM IST

Govt launches satellite surveillance network to check illegal mining

In a path-breaking move, the mines ministry today came out with mining surveillance system (MSS), a pan-India surveillance network using latest satellite technology, to check illegal mining.

Oct 15, 2016, 18:51 PM IST

Vedanta pays over Rs 13,300 crore in royalties, taxes to India in FY16

Mining giant Vedanta Resources has paid more than USD 2 billion (over Rs 13,300 crore) in taxes, royalties, licence fees and other payments to India in the last financial year ended March 2016.

Oct 02, 2016, 14:31 PM IST

Anil Agarwal wants to model Vedanta on GE lines

The Patna-born mining mogul Anil Agarwal plans to convert his group Vedanta Resources Plc into a GE-like institution -- a board-run conglomerate run by best professionals -- as he does not see his children taking over the mantle from him.

Apr 06, 2016, 18:01 PM IST

Industry threatens nearly half of natural heritage sites: WWF

Mining, oil exploration, illegal logging and other industries threaten almost half the natural World Heritage Sites the UN seeks to preserve for future generations, conservation group WWF said Wedn

Apr 06, 2016, 09:52 AM IST

Vedanta Resources to buy-back bonds worth up to $349 million

Mining conglomerate Vedanta Resources today said it will buy-back bonds worth USD 348.6 million (about Rs 2,314 crore).

Apr 01, 2016, 18:23 PM IST

Special cells to check extremists-contractors nexus in mining

Centre has asked states to set up special cells in a bid to prevent nexus between illegal mining contractors and extremists, who try to extort money and other resources from mining companies.

Mar 27, 2016, 13:21 PM IST

Govt may allot 15 blocks to PSUs for commercial coal mining

Moving ahead with its decision to open up the coal sector for commercial mining, government has identified 15 blocks to be alloted to central and state PSUs for undertaking production and sale of the dry fuel.

Feb 02, 2016, 22:36 PM IST

Adani's coal mine project in Aus gets environmental approval

Queensland state's Department of Environment and Heritage Protection (EHP) said it has issued a final environmental authority (EA) for Adani's Carmichael Mine project in the Galilee Basin.

Feb 02, 2016, 22:16 PM IST

CIL to undergo major tech upgrade on lines of US, Australia

Coal India Ltd is preparing for a major technological upgradation on the lines of global mining practices followed in countries like the US and Australia that will include GPS tracking of vehicles to check coal plunder and having a ICT-complaint machinery.

Jan 13, 2016, 17:28 PM IST

Miner BHP commits to Brazil clean-up as huge lawsuit looms

BHP Billiton renewed its commitment Monday to do all it can to help following the deadly collapse of a waste water dam in Brazil, with the mining giant and partner Vale facing a huge lawsuit.

Nov 30, 2015, 12:15 PM IST

SC notice to Goa on plea challenging renewal of mining leases

Renewal of 89 mining leases by Goa government has come under scanner with the Supreme Court Tuesday seeking response from the state and several mining companies on petitions challenging their renewal.

Nov 17, 2015, 20:33 PM IST

Brazil shuts mudslide mine in new blow to companies

Brazilian authorities have said they have halted operations at an iron ore mine where the collapse of a waste reservoir triggered a deadly mudslide, the latest blow to co-owners BHP Billiton and Vale.

Nov 10, 2015, 06:47 AM IST

Manufacturing sector growth improves in October: SBI Index

The monthly SBI Composite Index, an indicator for manufacturing activity in the country, increased to 50.8 in October from 48.4 in September.

Oct 19, 2015, 16:43 PM IST

Black money: I-T dept begins action against mining firms

The Income Tax department has begun a crackdown against black money being generated by the rich mining sector with the taxman initiating a detailed scrutiny of a number of such exploration and production companies across the country.

Oct 18, 2015, 19:02 PM IST

SIT raids houses of Janardhan Reddy, 7 others in Ballari

A Special Investigation Team (SIT) of the Karnataka Lokayukta on Wednesday raided the houses of former state Minister and mining baron G Janardhana Reddy and seven others, including two legislators, in connection with alleged export of iron ore illegally from Belikere port.

Sep 23, 2015, 15:23 PM IST

Vedanta Aluminium goes on workforce reduction, cost cuts

Mining giant Vedanta Resources has resorted to "aggressive cost reduction" and "workforce reduction" in its aluminium segment amid subdued and volatile market conditions globally.

Sep 10, 2015, 22:06 PM IST

More mining cos gear up to begin iron ore extraction in Goa

Following Vedanta, three more mining companies have expressed their intent to resume iron ore extraction activity in the state, a mining exporters' body in Goa has said.

Aug 23, 2015, 19:17 PM IST