Sesa Goa may resume mining in Karnataka; forest nod recommended
11 years, 8 months ago

Sesa Goa may resume mining in Karnataka; forest nod recommended

India TV News  

New Delhi, July 14: A top advisory body of the Environment Ministry has recommended grant of forest clearance to Sesa Goa's iron ore mine in Karnataka, paving the way for the Vedanta group firm to resume operations in the Southern state after about 2 years. Moreover, a final decision from the Environment Ministry in this regard is also expected by this month, official sources said.“After discussion, the Committee recommended the proposal with standard conditions and additional conditions of compliance to all conditions stipulated by the Supreme Court in writ petition no 562/2009 and in other similar cases,” Forest Advisory Committee of the Environment Ministry said in its recommendation for grant of forest clearance to Sesa Goa.The FAC is the top advisory body of the MoEF for issues related to forests, including grant of forest clearances and diversion of forest land. In Goa, the ban is still continuing but in Karnataka, it was lifted by the apex court in April.Sesa Goa's mine in Chitradurga district was also among the beneficiaries of the lifting of ban in Karnataka but the Vedanta group firm could not reap the benefits as its mining lease had expired in October 2012 itself.With the expiry of mining lease, forest clearance granted to the company had also ended. We are in a state of readiness and expect that we would be able to resume operations at our Chitradurga mine in Karnataka by the end of the month, depending upon the clearances,” the spokesperson said.Sesa Goa's Chitradurga mine was among the 166 mines in Karnataka that were banned by the apex court during July- August 2011 due to environmental degradation of the areas.Before the ban, it was largest ore producing mine in the state with a 6 million tonnes per annum capacity.However, capacity of the mine has now been curtailed to 2.29 MTPA as the Supreme Court, while lifting the ban, has put an upper cap of 30 MTPA for iron ore production in the state.Cascading effects of closure of mining operations were very much evident on Sesa Goa as on its own, it reported a consolidated net loss of Rs 131.03 crore in the last fiscal.On the balance sheet, though, it showed a Rs 2,280 crore profit due to Rs 2,411 crore contribution made by associate firm Cairn India.

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History of this topic

SC Allows Goa Mining Companies To Transport Minerals Already Extracted Before March 15, 2018 [Read Judgment]
5 years, 1 month ago

SC Allows Goa Mining Companies To Transport Minerals Already Extracted Before March 15, 2018 [Read Judgment]

Live Law  

The Supreme Court on Thursday allowed the mining companies in Goa to transport all iron ores which were extracted before March 15, 2018 and for which royalty has been paid.A bench comprising CJI SA Bobde, Justices Surya Kant and B R Gavai passed the order in a bunch of petitions filed by mining companies. The Supreme Court on Thursday allowed …

Supreme Court allows Karnataka govt to file appeal against high court order on iron ore mining in state
6 years, 2 months ago

Supreme Court allows Karnataka govt to file appeal against high court order on iron ore mining in state

Firstpost  

The Supreme Court Thursday granted two weeks to Karnataka government for filing appeal against a high court decision that paved the way for the resumption of iron ore mining by some firms from certain mines in the state New Delhi: The Supreme Court Thursday granted two weeks to Karnataka government for filing appeal against a high court decision that paved …

Goa government to file review petition against Supreme Court mining ban order after nod from Manohar Parrikar
6 years, 10 months ago

Goa government to file review petition against Supreme Court mining ban order after nod from Manohar Parrikar

Firstpost  

The Goa government will file a review petition against the Supreme Court order of February this year quashing the second renewal of iron ore mining leases given to 88 companies in Goa in 2015, which brought the mining industry in the coastal state to a halt. Panaji: The Goa government will file a review petition against the Supreme Court order …

A look at Goa, where mining is now banned
7 years ago

A look at Goa, where mining is now banned

The Hindu  

On March 15, all mining activity in Goa, involving iron ore extraction, came to a halt for the second time in nearly two years. This follows the Supreme Court’s order on February 7, cancelling 88 iron ore mining leases in the State that were renewed by the government in 2014-2015 just before the Mines and Minerals Act mandated the auction …

Goa's iron ore mining industry will be back on its feet by year-end, says Manohar Parrikar
7 years, 1 month ago

Goa's iron ore mining industry will be back on its feet by year-end, says Manohar Parrikar

Firstpost  

The Goa government is hopeful that the iron ore mining industry, which is foreseeing a crisis, would be “back on its feet” by this year-end, Chief Minister Manohar Parrikar said Panaji: The Goa government is hopeful that the iron ore mining industry, which is foreseeing a crisis, would be “back on its feet” by this year-end, Chief Minister Manohar Parrikar …

Supreme Court cancels 88 mining leases in Goa, asks govt to grant fresh leases in accordance with MMDR Act
7 years, 1 month ago

Supreme Court cancels 88 mining leases in Goa, asks govt to grant fresh leases in accordance with MMDR Act

Firstpost  

Supreme Court cancelled 88 mining leases in Goa that were renewed by the state government in 2015 just before the Mines and Minerals Act mandated the auction of mining leases. New Delhi: The Supreme Court on Wednesday cancelled 88 mining leases in Goa that were renewed by the state government in 2015 just before the Mines and Minerals Act mandated …

SC cancels all mining leases in Goa: Order leaves state BJP govt red faced
7 years, 1 month ago

SC cancels all mining leases in Goa: Order leaves state BJP govt red faced

Hindustan Times  

The apex court verdict that cancelled 88 mining leases, cleared in 2015, comes as an embarrassment to the Manohar Parrikar-led Bharatiya Janata Party government in Goa. Supreme Court cancelled 88 mining leases given by Goa government for violating procedure on Wednesday. In 2015, the Goa government cleared second renewal for 88 mining leases for 20 years. Since 2012 till date, …

SC cancels 88 mining leases in Goa from March 16
7 years, 1 month ago

SC cancels 88 mining leases in Goa from March 16

The Quint  

New Delhi, Feb 7 The Supreme Court on Wednesday cancelled 88 mining leases in Goa that were renewed by the state government in 2015 just before the Mines and Minerals Act mandated the auction of mining leases.Cancelling the leases that were renewed for 20 years from 2007, a bench of Justice Madan B. Lokur and Justice Deepak Gupta said that …

SC Quashes All Iron Ore Mining Leases In Goa; Operations To Stop By 15 March [Read Judgment]
7 years, 1 month ago

SC Quashes All Iron Ore Mining Leases In Goa; Operations To Stop By 15 March [Read Judgment]

Live Law  

The Supreme Court, on Wednesday, cancelled all iron ore mining leases in the State of Goa. Lokur and Justice Deepak Gupta opined that the second renewal of the mining leases granted by the State were " unduly hasty, without taking all relevant material into consideration and. Lokur and Justice Deepak Gupta opined that the second renewal of the mining leases …

SC Quashes All Iron Ore Mining Leases In Goa; Operations To Stop By 15 March [Read Judgment]
7 years, 1 month ago

SC Quashes All Iron Ore Mining Leases In Goa; Operations To Stop By 15 March [Read Judgment]

Live Law  

The Supreme Court, on Wednesday, cancelled all iron ore mining leases in the State of Goa. Lokur and Justice Deepak Gupta opined that the second renewal of the mining leases granted by the State were " unduly hasty, without taking all relevant material into consideration and. Lokur and Justice Deepak Gupta opined that the second renewal of the mining leases …

Supreme Court cancels 88 mining leases in Goa, says can't operate beyond 15 March
7 years, 1 month ago

Supreme Court cancels 88 mining leases in Goa, says can't operate beyond 15 March

Firstpost  

SC cancelled 88 mining leases in Goa that were renewed by the state govt in 2015 just before Mines and Minerals Act mandated the auction of mining leases. New Delhi: The Supreme Court on Wednesday cancelled 88 mining leases in Goa that were renewed by the state government in 2015 just before the Mines and Minerals Act mandated the auction …

SC cancels all mining leases in Goa, says they can’t operate after March 15
7 years, 1 month ago

SC cancels all mining leases in Goa, says they can’t operate after March 15

Hindustan Times  

The Supreme Court on Wednesday quashed 88 mining leases granted by the Goa government for violating procedure and ordered that fresh licences be granted through a bidding process. Goa Foundation’s lawyer Prashant Bhushan had said the state’s policy did not conform to the apex court’s line on optimum utilisation of natural resources. The Goa Foundation’s petition, a copy of which …

Illegal Mining In Goa: Even If State Renewal Struck Down, Leases Deemed To Be Extended Till 2020, Argues ASG Nadkarni
7 years, 4 months ago

Illegal Mining In Goa: Even If State Renewal Struck Down, Leases Deemed To Be Extended Till 2020, Argues ASG Nadkarni

Live Law  

The Supreme Court division bench of Justices Madan B. Lokur and Deepak Gupta today resumed the hearing on the challenge posed by Goa Foundation, a non-profit organization, to the renewal of 88 iron ore mining leases by the state of Goa in January, 2015.The arguments opened with Advocate Mr. Prashant Bhushan contending, on behalf of Goa Foundation, that immediately upon …

Illegal Mining In Goa: Even If State Renewal Struck Down, Leases Deemed To Be Extended Till 2020, Argues ASG Nadkarni
7 years, 4 months ago

Illegal Mining In Goa: Even If State Renewal Struck Down, Leases Deemed To Be Extended Till 2020, Argues ASG Nadkarni

Live Law  

The Supreme Court division bench of Justices Madan B. Lokur and Deepak Gupta today resumed the hearing on the challenge posed by Goa Foundation, a non-profit organization, to the renewal of 88 iron ore mining leases by the state of Goa in January, 2015.The arguments opened with Advocate Mr. Prashant Bhushan contending, on behalf of Goa Foundation, that immediately upon …

Supreme Court mining order: Many Ballari mills shut
9 years ago

Supreme Court mining order: Many Ballari mills shut

Deccan Chronicle  

Ballari: Nearly 80 per cent of the 67 sponge iron mills in Karnataka have either been shut down or are on the verge of closure due to shortage of iron ore since the Supreme Court banned iron ore mining in the state in July 2011 according to Mr T. Srinivas Rao, president, Karnataka Sponge Iron Manufacturers Association. According to documents …

Vedanta gets government nod to restart iron ore mining operations in Goa
9 years, 7 months ago

Vedanta gets government nod to restart iron ore mining operations in Goa

India TV News  

New Delhi: Anil Agarwal-led mining firm Vedanta said it has received necessary government approvals and will resume operations starting today at its biggest iron ore mine at Codli in Sanguem taluka in Goa. "The company has received relevant consent, licence and approvals to commence iron ore mining operations in Goa for some of its leases. However, expressing caution over iron …

Vedanta to Resume Iron-Ore Mining in Goa
9 years, 7 months ago

Vedanta to Resume Iron-Ore Mining in Goa

The Quint  

Anil Agarwal-led mining firm Vedanta said it has received necessary government approvals and will resume operations at its biggest iron ore mine at Codli in Sanguem taluka in Goa, on Monday. The company has received relevant consent, licence and approvals to commence iron ore mining operations in Goa for some of its leases. — Vedanta Ltd BSE Filing The company …

Goa mining industry welcomes renewal of iron ore leases
10 years, 4 months ago

Goa mining industry welcomes renewal of iron ore leases

India TV News  

New Delhi: The mining industry and its dependents have welcomed Goa government's move to renew the leases for resumption of iron ore tapping, suspended for last two years following a Supreme Court order. "The news with regard to the renewal of certain lease areas is a positive step towards commencement of the sector, which has been in suspended animation for …

Will ensure resumption of mining in Goa: MoEF Javadekar
10 years, 9 months ago

Will ensure resumption of mining in Goa: MoEF Javadekar

Firstpost  

Union Environment and Forests Minister Prakash Javadekar on Saturday said his ministry would work towards speedy resumption of mining in Goa. Panaji: Union Environment and Forests Minister Prakash Javadekar on Saturday said his ministry would work towards speedy resumption of mining in Goa. Javadekar, who was speaking on the sidelines of a public event near Panaji, also said the central …

SC issues guidelines for iron ore mining in GOA, permits regulated mining based on precautionary principle
10 years, 11 months ago

SC issues guidelines for iron ore mining in GOA, permits regulated mining based on precautionary principle

Live Law  

Like in the case curbing of Karnataka illegal mining, SC today issued far reaching guidelines for mining industry in Goa. On the basis of findings in the report of the Justice Shah Commission on illegal mining in the State of Goa, the Goa Foundation has filed Writ Petition 435 of 2012 as Public Interest Litigation praying for directions to the …

SC allows 20 million tonnes mining in Goa
10 years, 11 months ago

SC allows 20 million tonnes mining in Goa

The Hindu  

The Supreme Court on Monday allowed an annual cap of 20 million tonnes of iron ore to be extracted in Goa which was banned by it in the state for nearly one-and-a-half years. Kalifulla, however, said expert panel will give final a recommendation on annual cap on excavation of iron ore within six months. The apex court had on November …

Goa: Sesa Sterlite to move court on lay offs, says official
11 years ago

Goa: Sesa Sterlite to move court on lay offs, says official

Firstpost  

Sesa Sterlite will move court on the issue of suspending the services of 1,017 employees at its iron ore unit in Goa as its earnings have been severely impacted by the ban on mining activity since September 2012. Panaji: Sesa Sterlite will move court on the issue of suspending the services of 1,017 employees at its iron ore unit in …

SC refuses to entertain steel ministry's plea on relaxing mining cap
11 years, 2 months ago

SC refuses to entertain steel ministry's plea on relaxing mining cap

Firstpost  

The Supreme Court today refused to entertain Steel Ministry’s plea seeking relaxation of the limits of permissible production of mines currently functional in Karnataka. New Delhi: The Supreme Court today refused to entertain Steel Ministry’s plea seeking relaxation of the limits of permissible production of mines currently functional in Karnataka. A three-judge forest bench headed by Justice A K Patnaik …

Goa: Nearly 70 mines within 10 km of sanctuaries: CEC to SC
11 years, 6 months ago

Goa: Nearly 70 mines within 10 km of sanctuaries: CEC to SC

Firstpost  

A Supreme Court-appointed panel on Thursday told the apex court that nearly 70 iron ore mines in Goa fall within the prohibited 10 km radius of National Parks and Wildlife Sanctuaries and the environment clearance certificates of miners must be reviewed. New Delhi: A Supreme Court-appointed panel on Thursday told the apex court that nearly 70 iron ore mines in …

No quick gains for miners from easing of curbs
11 years, 11 months ago

No quick gains for miners from easing of curbs

Live Mint  

Investors reacted cautiously to news that the Supreme Court has allowed mining to resume in category B mines in Karnataka. add_main_imageTrue, the easing of mining restrictions is expected to help Sesa Goa restart its 2.3 million tonnes iron ore mine and also help improve utilization levels at JSW Steel, which was coping with raw material scarcity. The Supreme Court has …

SC cancels Karnataka's 49 mining leases
11 years, 11 months ago

SC cancels Karnataka's 49 mining leases

India TV News  

New Delhi, Apr 18: The Supreme Court Thursday cancelled all leases for iron ore extraction in 49 category C mines in Bellary, Tumkur and Chitradurga districts of Karnataka. The apex court forest bench headed by Justice Aftab Alam said the proceeds from the sale of iron ore extracted from category C mines would stand forfeited and would go to special …

Goa Govt ready for auctioning of mining leases
12 years ago

Goa Govt ready for auctioning of mining leases

India TV News  

Panaji, Mar 26: Facing adverse impact of a ban on mining in the State, the Goa Government has told the Supreme Court it was willing to introduce competitive auctioning of mining leases subject to legal permission for the same. "The Government is not at all averse to the mode of going for competitive auction of the mining leases in Goa, …

Goa mining ban: Govt to offer financial packages to affected workers
12 years, 1 month ago

Goa mining ban: Govt to offer financial packages to affected workers

Firstpost  

The Goa government is working on a financial package for people in the state’s mining belt who have lost jobs or ancillary businesses following the ban on iron ore mining, Governor Bharat Vir Wanchoo announced on Monday. Panaji: The Goa government is working on a financial package for people in the state’s mining belt who have lost jobs or ancillary …

Sesa Goa defers January salary
12 years, 2 months ago

Sesa Goa defers January salary

The Hindu  

Vedanta group firm Sesa Goa has deferred 10-25 per cent of salaries to its senior employees as it grapples with huge erosion in sales and profits on account of ban on mining in Goa and Karnataka, a top company official said on Friday. From January 1, the payment of 25 per cent of salaries have been deferred for top management, …

Vedanta's iron ore sales down 86% in Q2
12 years, 5 months ago

Vedanta's iron ore sales down 86% in Q2

India TV News  

New Delhi, Oct 9: Vedanta Resources said on Tuesday that its iron ore sales fell by a whopping 86 per cent in the July-September quarter this fiscal as production dipped due to the mining ban in Karnataka for over a year now. Anil Agarwal-led company also recorded nine per cent decline in Indian zinc output to 1.9 lakh tonnes during …

No mining in Karnataka till R&R measures are implemented: SC
12 years, 7 months ago

No mining in Karnataka till R&R measures are implemented: SC

India TV News  

New Delhi, Aug 17: The Supreme Court on Friday said it would not allow resumption of mining activities of iron and ore in Karnataka unless there is a statutory compliance and full implementation of reclamation and rehabilitation measures. The report said there was no need for any order for resumption of mining activities till the recommendations are implemented for which …

Goa miners in limbo after expiry of green clearances
13 years, 4 months ago

Goa miners in limbo after expiry of green clearances

The Hindu  

The fate of 45 mines in Goa hangs in balance as the environmental clearances granted to them by the Ministry of Environment and Forests being expired and Centre imposing a moratorium on fresh approvals. An NGO, Goa Foundation, which had moved the Bombay High Court bench in Panaji seeking closure of the mines violating the norms said “it is doubtful …

Sesa Goa's Q2 profit dips on foreign exchange losses
13 years, 5 months ago

Sesa Goa's Q2 profit dips on foreign exchange losses

Firstpost  

Sesa Goa today reported a little over 9 percent plunge in net profit to a meagre Rs 1.28 crore for the second quarter. Mumbai: Vedanta group firm Sesa Goa today reported a little over 9 percent plunge in net profit to a meager Rs 1.28 crore for the second quarter ended 30 September, 2011, due to lower realisation from iron …

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