Karnataka Mining Industry

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  Government To Put 300 Mining Leases On Auction In FY'18

  Stating that some of the states have very large number of mining leases, he said that Karnataka alone has about 100 odd leases which would be put on auction.

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  Australia-India Consortium Wants To Restart Historic Kolar Gold Mine

  An Australian-Indian consortium wants to restart gold mining in a district in Karnataka that helped symbolise former British rule in India and produced some 25 million ounces over 150 years before being abandoned due to low bullion prices.

• Deccan Gold Mines Gets Lease for Karnataka Project

  Deccan Gold Mines on Monday said it has been granted a mining lease for Ganajur gold project in Karnataka.

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  Jharkhand Orders Closure of Some Iron Ore Mines: Report

  Mining curbs in India in states such as Goa and Karnataka along with mine closures in top producing Odisha have limited iron ore availability in the country, opening the door to more imports this year, which could help absorb some of the surplus in global supply.

• History of India's Moves to Curb Iron Ore Mining, Exports

  India, in its crusade against illegal mining, has over the past few years choked its iron ore output and exports so hard that many companies had to give up on the sector.

• ArcelorMittal hopes to complete Karnataka land acquisition by March

  Having acquired most of the land for its $6.5 billion plant in Karnataka, world's top steel maker ArcelorMittal hopes to complete the acquisition of the remaining 136 acres by March.

• India imposes 5% export duty on iron ore pellets

  India already levies a 30 per cent tax on exports of iron ore fines and lumps since December 2011. Along with mining and export curbs in key producing states Karnataka and Goa aimed at addressing illegal mining, the tariffs have helped cut India's iron ore exports by around 85 per cent, or 100 million tonnes, over the past two years.

• 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.

• Karnataka mines will take at least two years to be operational: official

  Iron ore mining in Karnataka will take a minimum of two years to become fully operational after the Supreme Court verdict allowed resumption of mining at category-A & B mines in the state, an industry official has said.

• Supreme Court allows 9 more Karnataka iron ore mines to resume

  The Supreme Court has allowed nine more iron ore mines to resume production in Karnataka, a small fraction of the total, but exports from the country's second-biggest supplier of the steel-making raw material remain on hold for now.

• Two day meet to rebuild Karnataka mining industry

  With Karnataka's mining industry getting past the worst phase in the wake of partial lifting of the ban, miners, officials, exporters and importers from India and abroad will hold a two-day meet in Bangalore from July 4 to 'rebuild' the lucrative sector by beneficiation technologies.

• Supreme Court's decision to allow partial mining brings relief to industry

  Steel firms can now expect some good quality iron.

• Tata Steel MD suggests changes in mine allotment policy

  Tata Steel Managing Director H M Nerurkar on Wednesday said there should be change in allotment of mines policy and mine lease should be granted first to industries engaged in value addition.

• Lakshmi Mittal puts India business plans on hold

  World's largest steel maker ArcelorMittal has for the time being put on hold its India business plans.

• Bellary mining ban fallout: Many livelihoods driven to despair

  The iron ore of Bellary in Karnataka was such a source of wealth that people working in the industry thought they were set for life. Not just big mine owners - even ordinary workers dared to dream. But with the suspension of mining in the district following large scale violations, their dreams are crumbling. NDTV met the family of one lorry driver ...