Bids for commercial coal mining blocks to open tomorrow
People aware of the matter said the apex court refused the plea made by the Jharkhand government to stay the auction process. Tuesday is the last day for submission of bids while the bid opening is scheduled to take place on Wednesday.
Adani, JSPL, Vedanta, 43 others bid for commercial coal mines
"A total number of 82 bids from 46 companies have been received offline/ physic...
India's rich tussle for Argyle pink diamond because mines are not forever
Diamond traders said demand for Argyle pink diamonds has shot up by...
Uniformity in GST rates necessary for sustained growth of mining sector: FIMI
The mining industry faces acute financial difficulty in utilisation of the input tax credit availed by the owners on their purchases of input materials, capital goods and services etc.
Coal India to restart closed underground mines
While the eight mines of ECL have projected reserves of around 596 MTs, the four mines belonging to BCCL add up to 464 MTs. ECL mines have coal of varying grades between G3 and G7 with one mine having coking coal, which is used in steel making. All four mines of BCCL are coking coal reserves which are scarce in the country.
Thriveni Earthmovers bags Rs 31,428 cr contract to develop, operate NTPC's coal mine in Chhattisgarh
"Thriveni Earthmovers... a Coimbatore-based mining company, has bagged another mine development and operation contract from NTPC on August 26, with a contract value of Rs 31,428 crore," an official on the condition of anonymity said.
Running behind schedule: 54 mining projects of Coal India facing delays
New Delhi, Sep 9 () State-owned Coal India's 54 mining projects are running behind schedule mainly on account of delays in obtaining green nod and issues related to rehabilitation and resettlement. .
Carmichael project created over 1,500 jobs, awarded 1.5 bn Aus dollars in contracts: Adani Mining
Energy giant Adani Mining Australia on Friday said that its billion dollar Carmichael project in central Queensland has created jobs for more than 1,500 people and awarded over 1.5 billion Australian dollars (USD 1.09 billion) in contracts.
Coal India finalises Rs 5900-cr heavy machinery contracts to bolster production
Four tenders have already been floated, of which three are for Central Coalfields and one for Mahanadi Coalfields with 20-25 years of contract period.
MOIL working on new projects worth Rs 581 crore at mines in MP, Maharashtra
The company is aiming to complete these projects by August 2021, the miner said in its Annual Report 2019-20. At Munsar mine in Maharashtra, the company is setting up a new vertical shaft at a depth of 160 metres at a capital cost of Rs 51.32 crore.
Mining industry needs scientific tools to mitigate risks due to fluctuating iron ore prices: FIMI
It also emphasised on adopting scientific tools for monitoring on various fronts like quantity, quality and pricing of iron ore in a bid to mitigate the risk due to fluctuating prices.
Govt revises list, 38 coal blocks to be auctioned for commercial mining: Coal Ministry
The revision in the list includes addition of three blocks Dolesara, Jarekela and Jharpalam-Tangarghat (in Chhattisgarh) and withdrawal of five blocks -- Morga South, Fatehpur, Madanpur (North), Morga-II and Sayang (in Chhattisgarh).
Miners and steelmakers lock horns over mines ministry's proposal to amend MMDR Act
The ministry has proposed amending Sections 10A(2)(b) and 10A(2)(c) of the Mines and Minerals (Development and Regulation) Act, 1957 to pave way for auctioning of a large number of potential leases currently blocked in legacy cases.
State Bank of India plans coal-loan policy before key auctions, could put 41 mines in private hands
The planned policy suggests SBI is open to providing some of the financing required to put 41 coal mines with a combined annual production capacity of 225 million tons into private hands.