Page 2 of 2

Re: Mining & Processing

Posted: 11 Nov 2011 20:26
by ManishH
Report on Illegal mining presents crisis for Goa CM

After Karnataka, it is the turn of Congress's Goa CM who has been found guilty by Justice Shah commission (according to leaked reports).

There is corruption from top to bottom. Monitoring mechanisms have collapsed


The CM Digambar Kamat was the state's minig minister for past 11 years. The commission examined 122 mines in Goa and found rampant illegal mining of iron ore for export to China. Just last year, Goa exported 54 million tonnes of iron ore.

So Congress in Goa is doing exactly what BJP was doing in Karnataka. Looting national wealth and shipping it to arch strategic rival China. It's mind-boggling to imagine all the ore being turned into steel to fuel Chinese economy by shipping manufactured goods back to India at insane profits! Not to mention the sheer tragedy if the Indian ore is turned into steel to make Chinese military hardware - missiles, ships etc. that one day threaten to rain death upon India.

Re: Mining & Processing

Posted: 15 Nov 2011 10:14
by Jarita
Mining near Vaishno Devi shrine gets nod

http://m.timesofindia.com/india/Mining- ... 733151.cms

Re: Mining & Processing

Posted: 15 Nov 2011 10:21
by Jarita
Perhaps you have red this about Shela Masood
http://www.dnaindia.com/analysis/column ... ar_1588433

Also, as recently as July 25th, she wrote letters to minister for environment and forests Jayanthi Natarajan, talking about illegal diamond mining in Chhatarpur. A petition against Rio Tinto, a transnational firm allegedly involved in illegal mining, had already been filed.

Re: Mining & Processing

Posted: 22 Nov 2011 22:00
by Vipul

Re: Mining & Processing

Posted: 03 Sep 2012 10:54
by Pratyush

Re: Mining & Processing

Posted: 10 Oct 2012 11:58
by Pratyush

Re: Mining & Processing

Posted: 30 Nov 2013 05:07
by Vipul
India can be top player in titanium mineral sector.

India has the potential to become the number one in the titanium mineral sector, as the country has the requisite resources, technology and personnel, but the right policy decisions have to be taken and implemented to achieve the objective, according to experts.

The opinion was expressed here on Friday, the concluding day of the International Heavy Minerals Conference.

Steve Gilman, of TZ Minerals International., said India was currently in the fifth position globally in the sector, but the resources, technologies and personnel were available in the country.

There were also certain constraints, as the mineral-rich sands were available only in heavily-populated areas. The availability of fresh water was also a critical factor and the energy costs in India were very high, he said. “If these issues could be addressed, I think India has the potential to become the global leader. I think India is on the right track to achieve the objective,” he said.

He said the private sector should play the crucial role in India as the experience in the other countries showed, but the Government would have to lay down the right policies and implement them. Vertical integration would be required in the industry.

Ram Choudhury, of Mineral Technologies, spoke about the mineral sands processing technologies and the need for constant innovation. He said high grade ores were available in India, but the mineral composition was complex, and therefore complex processing plants would be needed in India and Sri Lanka. But the industry was upgrading the technologies all the time to meet the challenges.

Re: Mining & Processing

Posted: 03 Sep 2014 16:50
by member_28705
The mining of rare earth minerals was at one time dominated by the United States. The People's Republic of China has since come to dominate the market.

Some of the applications of rare earth minerals are:

Praseodymium - Rare Earth Magnets, Lasers
Neodymium - Same as above
Samarium - Same as above, neutron capture, Masers
Scandium - radioactive tracing agent in oil refineries.
Yttrium - Steel additive, High temperature superconductor.
Lanthanum - High refractive Index, Camera Lenses, Hydrogen Storage, Alkali resistant glass.
Promethium - Nuclear Batteries
Thulium - Portable X-ray machines
Lutetium - Positron Emission Tomography.

Japan wants to import these minerals from India [that is after helping India produce it]. This will reduce Japan's reliance on China for these RE minerals.

Re: Mining & Processing

Posted: 09 Sep 2014 03:35
by member_28705
All you wanted to know about the coal-gate scam.

Coal has been a red-hot topic ever since the infamous coal-gate scandal, as the media named it, was flagged by the Comptroller and Auditor General of India (CAG) in March 2012. The Supreme Court is set to rule on one of the aspects of the case today. After a long saga that involved the Prime Minister’s Office, Central Bureau of Investigation and many hearings, the Supreme Court has already declared two weeks ago that all the coal blocks allocated between 1993 and 2012 were illegal.

What is it?

Coal-gate is the moniker attached to the irregularities unearthed by the CAG in the allocation of coal blocks to private parties. The story goes like this. The Central government has a monopoly over all coal reserves in the country, as per the Coal Mines Nationalisation Act of 1973.

However, with Coal India struggling to produce coal from the 1980s, power producers and industries such as steel and cement were in pain. So a new policy was announced in September 1993 to allow private and public sector companies to mine coal for captive use.

The new policy set up a screening committee to recommend who got the blocks, based on certain guidelines. Around 70 coal blocks were allocated between 1993 and 2005 and over double this number were allocated in the next four years.

Even as allocations slowed post 2009 and there were rumblings of controversy, a CAG report in March 2012 added fuel to the fire. The CAG said that the mode of allocation of coal blocks to private parties was subjective and lacked transparency. It also held that the ad-hoc allocations (in place of transparent auctions) of coal blocks to private firms, had caused a whopping loss of ₹1.8 lakh crore to the exchequer. A new policy based on auctions was duly adopted in September 2013, but controversy continued to cloud the older blocks and the issue went to Court.

Why is it important?

A transparent mechanism to pep up coal output is vital to keep the economic engine chugging. Although India ranks fifth in the world when it comes to coal reserves, output has suffered. In 2013-14, for instance, Indian output of 566 million tonnes (mt) was less than the demand of over 720 mt. Importing burns up precious foreign exchange — the coal import bill has more than doubled in the last five years to ₹95,175 crore in 2013-14.

The cost of coal has a crucial bearing on inflation too, via industries such as power, steel and aluminium. Having a dependable coal resource close to where it is consumed will reduce overall costs. Hence, coal resources must be handed out with a eye to greater national interest.

Why should I care?

As a citizen, lack of transparency and favouritism when dealing with precious natural resources is a cause for concern. Also, as a consumer, it is not fair that private power companies that won access to low priced coal were not passing on the benefits to power buyers. You have plenty of reason to worry about coal if you are a stock market investor. For scores of private sector power, aluminium and metal companies are mixed up in coal-gate. Many of their projects could become unviable without captive coal.

The bottomline

Coal-gate is a reminder that if you’re doing business in India and dealing with the Government, the long arm of law can dig up issues even after decades.


http://www.thehindubusinessline.com/opi ... 391682.ece

Re: Mining & Processing

Posted: 07 Jan 2015 09:05
by Pratyush
Trouble for Modi govt: Coal strike stops output at over 60% mines; unions refuse to budge

The power situation may worsen if the strike continues for more than 10 days.

Re: Mining & Processing

Posted: 11 Feb 2015 11:52
by member_28640
Most Excellent news, Finally GOI is showing some ambition:
Click Here

Re: Mining & Processing

Posted: 01 Jun 2015 02:55
by Kakkaji
A long-standing problem may be resolved now:

India douses century-old coal fires as PM Narendra Modi seeks output boost

JHARIA (Jharkhand): Prime Minister Narendra Modi is determined to move more than 100,000 people living near coalfields in Jharkhand to new homes, making it easier to douse underground fires that have burned for a century and mine huge reserves of premium coal.

The burning deposits of Jharia are particularly prized because they are the only source of top quality steelmaking coal in the country. India spends $4 billion a year on importing that grade alone.

Modi travelled to Jharkhand in February and urged the chief minister Raghubar Das to speed up work on putting out the fires and shifting the people living there.

"The fact that the prime minister is directly involved shows that the government is very serious about it," coal secretary Anil Swarup said in New Delhi. "It's a huge task but the good news is that we have started moving in the right direction."

Re: Mining & Processing

Posted: 05 Jun 2015 21:08
by Suraj
Coal Auction 3.0: Mine sale resumes, linkages also to be auctioned to non-power sectors
Resuming coal block auctions, the government has decided to offer 10 mines with a cumulative annual production of 13.14 million tonnes to cement, steel and aluminium companies and captive power producers. In the third phase of auction, there will be no coal mine for power generators.

The public notice for the auction will be issued on Monday and bidding will run from August 11 to 17.

The ministry of coal will also auction linkages to Coal India’s production for five years. So far, such linkages were given out by a committee of officials.

Tweaking the rules for the auction, two phases of which saw 40 coal mines being awarded, multiple bids have been barred. “Only one bid per end-use plant will be allowed. Multiple bids will be treated as one and the top 50 per cent bidders will be decided henceforth,” said Anil Swarup (pictured), secretary in the ministry of coal.

Re: Mining & Processing

Posted: 08 Feb 2017 07:11
by A_Gupta
http://www.hellenicshippingnews.com/ind ... -minister/
Coal India Ltd, the world’s top coal miner, plans to acquire coking coal assets abroad as India lacks technology to economically develop local reserves, Coal Minister Piyush Goyal said.

“The recent spurt in global coal prices, particularly for coking coal, is expected to create an encouraging scenario for such acquisition process,” Goyal told lawmakers in a written reply.

Coking coal futures on the Singapore Commodity Exchange soared in the second half of last year as top consumer China clamped down on local production as part of a campaign against pollution.

They have since dropped by about 40 percent to around $170 a tonne, but are still double what they were in mid-2016.

Coal India has surrendered two mining licenses in Mozambique, and currently does not own any foreign coal assets, he said.