Goa Minerals

• 

  Rs 37-Crore Asset Of Goa Miner's Son Seized In 'Pandora Papers' Probe

  The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.

• 

  Goa Looking At Options To Resume Mining, Says Chief Minister

  Goa Chief Minister Pramod Sawant today said the government is considering all options including formation of a mineral development corporation to resume mining activities in the state.

• 

  Goa's Minerals Could Exhaust In Decade Or Two, Says Geologist

  'Geology and Mineral Resources of Goa', a book by renowned geologist Professor Ashoka G Dessai, was launched by Professor Sunil Kumar Singh, Director of CSIR-National Institute of Oceanography today.

• Vedanta Restarts Iron Ore Mining Operations in Goa

  Goa, which is India's top iron ore exporting state, resumed production on Monday after nearly three years and could hit its court-set annual limit of 20 million tonnes this fiscal year itself, its mines director told Reuters.

• 

  Government to Cut Export Tax on Low-Grade Iron Ore in Boost for Goa

  Court action against illegal mining has shut the industry in Goa for more than two years, although companies including top miner Vedanta Ltd are starting to get approval to resume work in about a month.

• 

  Sesa Sees Six-fold Jump in Iron Ore Output, Goa Mining Set to Resume

  The miner expects its total iron ore output at 9.29 million tonnes in the current fiscal year to March 2015, Aniruddha Joshi, a vice president at Sesa Sterlite that operates in Goa and neighbouring Karnataka, told Reuters in an interview.

• 

  Goa Mining Stakeholders Want Early Resumption of Operations

  Chief Minister Manohar Parrikar had earlier said the policy would be drafted by June-end but the stakeholders feel the government should fast-track the process so that the mining industry, which has been reeling under a Supreme Court ban for last two years, can resume operations.

• Iron ore mining in Goa likely to restart from September: industry official

  Iron ore mines in Goa are likely to restart operations from September, though approvals to resume operations may arrive in the next two or three months, a top industry official said on Wednesday.

• Stung by curbs, iron ore firms throw in the towel

  Bans on iron ore mining and exports in top producing states of Karnataka and Goa have choked the industry so hard that MMTC is one of many firms exiting. Even if efforts to fully lift the bans make it past the many bureaucratic and legal hurdles, iron ore miners do not expect complete resumption of production until late 2014.

• Rail Budget 2013: Iron ore export ban hits Railways freight earnings

  Ban on iron ore exports from Karnataka and Goa has significantly impacted Indian Railways' freight revenue from the segment, and it has projected just about 3.77 per cent growth in income from the movement of the mineral in 2013-14.

• India throws $15 billion lifeline to world's iron ore miners

  India's efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come.

• Sesa Goa asked to shut coke unit on pollution

  Sesa Goa, owned by miner Vedanta Resources, must shut its 280,000 tonnes per year metallurgical coke unit in Goa after complaints about pollution, a State Pollution Board official said.

• Vedanta rapped over Indian political donations

  UK shareholder advisory group Pirc has criticised India-focused miner Vedanta over political donations.

• Vedanta shares climb on restructuring plan on the London Stock Exchange

  Shares in India-focused miner Vedanta rose almost 4 per cent in early trade on LSE after it announced plans to simplify its structure by placing all but one of its subsidiaries under an umbrella unit