Karnataka Govt Fooled People Over Iron Ore Export Ban, Says Lokayukta
13 years, 9 months ago

Karnataka Govt Fooled People Over Iron Ore Export Ban, Says Lokayukta

India TV News  

Bangalore, June 8: Disputing the BJP government's claims, Lokayukta Santosh Hegde today insisted that illegal mining and illegal export of iron ore were still going on in Karnataka. Asked to comment on the claims by Chief Minister B S Yeddyurappa that he has banned exports and checked illegal mining, Hegde retorted, "Illegal mining and illegal exports are still going on. Hegde said it was he who had suggested ban on iron ore export in his report submitted to the state government in December 2008 as the royalty earned from it was meagre compared to the profits made by mining owners. While mines owners paid Rs 27 per ton of 64 FE grade and Rs 17 for lower grade iron ore, they sold it for Rs 5,000 to Rs 6,000 per ton, he said.

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History of this topic

Karnataka’s new minerals tax stumps iron ore mining companies
3 months, 1 week ago

Karnataka’s new minerals tax stumps iron ore mining companies

Live Mint  

A proposed legislative bill in Karnataka could triple the tax burden on miners operating pre-auction era iron ore mines, potentially squeezing their margins and triggering ripple effects on steel prices, according to experts. Together, these companies account for a significant portion of Karnataka’s iron ore production, which makes up roughly 15% of India’s annual output of 280 million tonnes, according …

SIT to probe six iron ore smuggling cases
4 months, 1 week ago

SIT to probe six iron ore smuggling cases

New Indian Express  

BENGALURU: The Siddaramaiah cabinet on Thursday decided to hand over six cases of smuggling of iron ore to a Special Investigation Team as the Central Bureau of Investigation has refused to probe them. “Of the nine smuggling and illegal mining cases entrusted to CBI for investigation, the state government will hand over six to SIT as the former refused to …

Odisha lost ₹22,400cr in mining revenue due to undervaluing of iron ore grades: CAG
6 months, 2 weeks ago

Odisha lost ₹22,400cr in mining revenue due to undervaluing of iron ore grades: CAG

Hindustan Times  

Odisha lost about ₹22,400 crore in mining revenue as leaseholders undervalued the grade of ore mined between 2015 and 2022, in excess of the mining plan as well as misreporting the quality iron ore, a performance audit by the Comptroller and Auditor General has revealed. The CAG which did the performance audit of “Systems and Controls in Assessment and Collection …

Karnataka iron ore mining | Why has the Supreme Court relaxed a decade-old ban?
2 years, 6 months ago

Karnataka iron ore mining | Why has the Supreme Court relaxed a decade-old ban?

The Hindu  

The story so far: On August 26, 2022, the Supreme Court raised the ceiling limit of iron ore mining for Ballari, Chitradurga and Tumakuru districts in Karnataka, saying conservation of the ecology and environment must go hand in hand with the spirit of economic development. SPS, Citizens For Democracy and other organisations have also supported the Supreme Court’s order rejecting …

Supreme Court Refuses To Accept CEC Recommendation To Completely Remove Ceiling Limits On Iron Ore Production In Karnataka; Allows Certain Relaxations
2 years, 7 months ago

Supreme Court Refuses To Accept CEC Recommendation To Completely Remove Ceiling Limits On Iron Ore Production In Karnataka; Allows Certain Relaxations

Live Law  

Noting that the situation merits a cautious approach, the Supreme Court, on Friday, refused to accept the recommendation of the Centrally Empowered Committee to grant complete relaxation of the ceiling limit imposed on production of iron ore in certain districts in the State of Karnataka. However, it had left open the question regarding lifting of the ceiling limit for production …

Karnataka mining: SC permits firms to export excavated iron ore
2 years, 10 months ago

Karnataka mining: SC permits firms to export excavated iron ore

The Hindu  

May 21, 2022 12:54 am | Updated 09:50 am IST - New Delhi The Supreme Court on Friday permitted mining firms to sell outside the state and export already excavated iron ore from mines in the districts of Ballari, Chitradurga, and Tumakuru in Karnataka without having to resort to the process of e-auction. factors, we are inclined to favourably consider …

How 8 Lakh Metric Tonnes of Wasted Iron Ore in Karnataka Caused Damages Worth Crores
3 years, 2 months ago

How 8 Lakh Metric Tonnes of Wasted Iron Ore in Karnataka Caused Damages Worth Crores

News 18  

Iron ore is still one of the most sought resources for the economy and industry of any nation. But here is the story of iron ore – 8 lakh metric tonnes of it that weren’t claimed by any but wanted by all. In one such raid, a whopping 8 lakh metric tonnes of iron ore was stopped from being transported …

Industry captains seek ease of Karnataka curbs on iron ore export and sale
4 years ago

Industry captains seek ease of Karnataka curbs on iron ore export and sale

Hindustan Times  

The southern chapter of the Federation of Indian Minerals Industries on Wednesday made a representation to the Karnataka government expressing the distress on the sector due to restrictions on sale and exports of iron ore. FIMI said restrictions on sale and expor of iron ore had led to ‘artificial oversupply’ of iron ore in Karnataka) “There is a peculiar disparity …

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 …

Meghalaya mine tragedy: Despite large-scale exploitation, successive govts colluded in concealing illegal mining in North East
6 years, 2 months ago

Meghalaya mine tragedy: Despite large-scale exploitation, successive govts colluded in concealing illegal mining in North East

Firstpost  

The issue of illegal mining in India was raised multiple times in the Parliament, and both the UPA and NDA answered them, yet Meghalaya doesn’t feature anywhere in their responses Illegal mining is like slavery. It was pushed into the limelight when Congress which ruled at the Centre encouraged investigations by the CBI and the Lok Ayukata into illegal mining …

Iron ore unsold, babus' hand black?
6 years, 9 months ago

Iron ore unsold, babus' hand black?

Deccan Chronicle  

Ballari: While the steel industry is starved of iron ore, its key raw material, and has appealed to the Supreme Court to increase the ceiling on iron ore production in the state, about 5.40 lakh metric tonnes of iron ore valued at Rs 165 crore is lying unsold with the mines of the Mysore Minerals Ltd in Sandur, Ballari district. …

Illegal iron ore export scam: CBI failed, so we needed SIT, says Siddaramaiah
7 years, 2 months ago

Illegal iron ore export scam: CBI failed, so we needed SIT, says Siddaramaiah

Deccan Chronicle  

Mysuru: Chief Minister Siddaramaiah on Thursday denied state BJP chief, B S Yeddyurappa's allegations that the government had decided to reopen the investigation into the illegal iron ore export scam with an eye on the coming elections although the CBI had decided to close it. We formed a cabinet subcommittee led by Minister H K Patil, which found that the …

SIT to probe cases of illegal iron ore export from four ports
7 years, 2 months ago

SIT to probe cases of illegal iron ore export from four ports

The Hindu  

Ahead of the Legislative Assembly polls in the State, the Congress government has decided to reopen the illegal iron ore export cases closed by the Central Bureau of Investigation by authorising the Special Investigation Team to probe afresh the cases of illegal export of ore. A State Cabinet meeting chaired by Chief Minister Siddaramaiah on Wednesday accepted the recommendation of …

SC dismisses Vedanta plea to export iron ore from Karnataka [Read Judgment]
8 years, 6 months ago

SC dismisses Vedanta plea to export iron ore from Karnataka [Read Judgment]

Live Law  

The Supreme Court on Thursday dismissed Vedanta Group’s plea to export iron ore mined from Karnataka. It stated that Vedanta’s inability to sell the ore due to higher pricing cannot be made the ground for its export.However, the apex court allowed the National Mineral Development Corporation to continue with its dual pricing mechanism.The Karnataka Iron and Steel. to indicate otherwise.” …

Janardhan Reddy caught unawares in 2007 case
9 years, 4 months ago

Janardhan Reddy caught unawares in 2007 case

The Hindu  

The case in which the former Minister G. Janardhan Reddy was arrested on Friday is neither part of the Lokayukta report on illegal mining nor of the probe of illegal export of ore less than 50,000 tonnes through Belekeri port, referred to the Special Investigation Team. The FIR states that Mr. Reddy, colluding with unknown government officials, illegally mined and …

Trouble for steelmakers: Jharkhand orders closure of 12 iron ore mines
10 years, 6 months ago

Trouble for steelmakers: Jharkhand orders closure of 12 iron ore mines

Firstpost  

Jharkhand was India’s third-biggest iron ore producer in the fiscal year to March, with output of around 21 million tonnes. 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 …

Iron ore mining has resumed in 25 lease areas, says Siddaramaiah
10 years, 8 months ago

Iron ore mining has resumed in 25 lease areas, says Siddaramaiah

The Hindu  

Chief Minister Siddaramaiah on Tuesday told the Legislative Assembly that iron ore mining had resumed in 25 lease areas in the State. Shivalinge Gowda during the Question Hour, the Chief Minister said companies had been allowed to resume mining according to the Supreme Court’s directive that mining could be permitted based on certain conditions. Revanna, the Chief Minister said according …

After Karnataka and Goa illegal iron mining, Bhushan files PIL in SC against Odisha illegal mining, seeks CBI probe
10 years, 11 months ago

After Karnataka and Goa illegal iron mining, Bhushan files PIL in SC against Odisha illegal mining, seeks CBI probe

Live Law  

After succeeding in cleansing the mammoth illegal mining in the State of Karnataka and Goa, Prashant Bhushan, has filed a fresh PIL, petitioner as Common Cause, against the ongoing loot and plunder of valuable natural resources in the State of Odisha in complete disregard of the environmental norms and the rights of the vulnerable tribal & rural communities. Over reports …

CBI raids 24 places in five states in illegal mining case
11 years, 1 month ago

CBI raids 24 places in five states in illegal mining case

India TV News  

New Delhi: The Central Bureau of Investigation Thursday conducted raids at 24 places in five states in a case relating to illegal export of iron ore from Karnataka's Belekeri port of Karnataka, said an agency official. To locate the suppliers and transporters involved in the illegal export, searches were conducted at official and residential premises of the accused at 18 …

Cartelisation alleged by Karnataka iron ore mines
11 years, 1 month ago

Cartelisation alleged by Karnataka iron ore mines

Business Standard  

RISE IN PRICE The base price of 61% content iron ore fines have more than doubled to Rs 5,000 a tonne as against an average of Rs 2,250-2,475 a tonne charged by others Government-owned NMDC prices are Rs 2,000-2,200 a tonne The steep rise in ore prices has significantly increased the cost of operation for steel makers in Karnataka As …

Karnataka to permit mining more iron ore soon
11 years, 1 month ago

Karnataka to permit mining more iron ore soon

India TV News  

Bangalore: Karnataka will hasten the process of issuing leases to mine iron ore in the mineral-rich districts to improve the raw material supply to the steel industry, a top official said Wednesday. "We have decided to give soon new mining leases to achieve the 30 million tonnes of iron ore annual production set by the Supreme Court earlier and clarified …

Miners made a killing, thanks to helpless law: Shah panel
11 years, 1 month ago

Miners made a killing, thanks to helpless law: Shah panel

The Hindu  

It is one of the most scathing reports from the stable of Justice M.B. There is a complete disregard and contempt for law and lawful authorities on the part of many among the emerging breed of entrepreneurs, taking undue advantage of the country’s natural, non-renewable assets and resources for export earnings.” The pursuit of “super profits has absolutely drained them …

Odisha illegal mining scam worth Rs. 59,203 cr.
11 years, 2 months ago

Odisha illegal mining scam worth Rs. 59,203 cr.

The Hindu  

The Odisha illegal mining scam amounts to Rs. 59,203 crore and illegal iron and manganese ore amounting to 22.80 crore tonnes was extracted illegally from the state for almost a decade, the Shah Commission report has said. It will not be possible for state police to find facts and realities and there would be no justice for the quantum of …

India may have to start importing iron ore soon: Steel Ministry
11 years, 4 months ago

India may have to start importing iron ore soon: Steel Ministry

The Hindu  

The Steel Ministry is of the view that India will have to import iron ore in the immediate future to meet significantly increasing demand from domestic companies. The Ministry in its mid-year plan review has identified iron ore availability as one of the challenges to achieve the steel production target of 300 million tonnes per annum by 2025. With current …

SC gives go-ahead for auctioning mined ore in Goa
11 years, 4 months ago

SC gives go-ahead for auctioning mined ore in Goa

Firstpost  

The Supreme Court imposed a ban on exports and production in Goa last year in a crackdown on illegal mining. The Supreme Court gave the go-ahead on Monday for the auction of around 11.46 million tonnes of iron ore already mined in Goa, potentially doubling the country’s exports this year to top market China if overseas sales are allowed. The …

CBI registers 22 cases against companies involved in illegal iron ore export
11 years, 4 months ago

CBI registers 22 cases against companies involved in illegal iron ore export

Firstpost  

CBI has registered 22 cases against companies involved in alleged exports of 21 lakh tonnes of iron ore without valid permits from Belekari Port in Karnataka New Delhi: CBI has registered 22 cases against companies involved in alleged exports of 21 lakh tonnes of iron ore without valid permits from Belekari Port in Karnataka. “In the 22 FIRs, 15 companies, …

Lokayukta police to probe illegal mining cases in Karnataka
11 years, 4 months ago

Lokayukta police to probe illegal mining cases in Karnataka

India TV News  

Bangalore: In a U-turn, the Karnataka government yesterday decided to hand over illegal iron ore mining cases, barring exports which would be probed by CBI, to Lokayukta police. A cabinet meeting chaired by Chief Minister Siddaramaiah decided that several cases of illicit extraction, trading, transportation, evasion of forest development tax and royalty and related matters, would be probed by Lokayukta …

CBI team steps up probe into illegal iron ore export scam
11 years, 5 months ago

CBI team steps up probe into illegal iron ore export scam

India TV News  

Banglore: Intensifying its probe into illegal iron ore export scam,a 10-member team of CBI officials yesterday began grilling several persons from mining firms and transport companies in connection with the case. The members also visited stockyards and mining areas in the mine-rich Bellary district, officials said. The team would stay here for some days for its probe into the illegal …

JSW Steel plans to bid for iron ore mining blocks in Karnataka
11 years, 11 months ago

JSW Steel plans to bid for iron ore mining blocks in Karnataka

Firstpost  

JSW Steel plans to bid for iron ore mining blocks in Karnataka that could go up for auction after a Supreme Court order last week, as the country’s third-largest steel producer looks to cut its dependence on costly imports. New Delhi: JSW Steel plans to bid for iron ore mining blocks in Karnataka that could go up for auction after …

Days of excessive profits are over
12 years ago

Days of excessive profits are over

The Hindu  

Hit by debilitating mining curbs and a clampdown on exports through high duties, India’s iron ore industry today is a pale shadow of what it was for much of the last decade, despite some recent forward movement on restarting iron ore mining in Karnataka, one of the key producer States. During the last decade, India’s iron ore miners became important …

CBI to quiz Janardhana Reddy in ore export scam
12 years ago

CBI to quiz Janardhana Reddy in ore export scam

Firstpost  

A CBI special court on Friday permitted the investigation agency to interrogate former Karnataka minister and mining baron Gali Janardhana Reddy and five other accused in the case of multi-crore iron ore exports scam from Belekeri port on the state’s west coast. Bangalore: A CBI special court on Friday permitted the investigation agency to interrogate former Karnataka minister and mining …

Mismanagement leads to loss of Rs. 3,414 cr. in mining sector
12 years, 3 months ago

Mismanagement leads to loss of Rs. 3,414 cr. in mining sector

The Hindu  

December 13, 2012 03:36 am | Updated October 18, 2016 02:20 pm IST - BELGUAM: Illegal mining during the period 2006 to 2011 in three districts of Karnataka has resulted in a loss of Rs. The CAG report on Controls and Systems of Sustainable Mining in Karnataka revealed a number of system and compliance deficiencies in the assessment, collection and …

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 …

China using up Goa's iron ore: Report
12 years, 6 months ago

China using up Goa's iron ore: Report

India TV News  

Panaji, Sep 8: China prominently features in a probe report on illegal iron ore mining in Goa, which warns that while the eastern neighbour is gobbling up India's iron ore reserves, the future might see a reversal of the trend. "Planning and conservation of iron ore for at least 50 years is required for Goa so that future generation may …

Karnataka govt recommends approval of 8 iron ore mines
12 years, 8 months ago

Karnataka govt recommends approval of 8 iron ore mines

Firstpost  

The court had partially removed the mining ban earlier this year by allowing mining by category A mines besides approving NMDC’s output of 1 million tonnes per month. Bangalore: Karnataka government has recommended approval of eight iron ore mines in the state with a total capacity of 5.5 million tonnes per year, said HR Srinivasa, director, department of mines of …

Ban on mining in K'taka sees Vedanta's yearly iron ore output drop
12 years, 11 months ago

Ban on mining in K'taka sees Vedanta's yearly iron ore output drop

Firstpost  

India-focused miner Vedanta posted a drop in full-year iron ore output, as a ban on mining in Karnataka and logistical bottlenecks continued to bite. London: India-focused miner Vedanta posted a drop in full-year iron ore output, as a ban on mining in Karnataka and logistical bottlenecks continued to bite. The miner said its iron ore production over the full-year to …

Another duty hike? FY12 iron ore export unlikely to cross 50MT
13 years, 2 months ago

Another duty hike? FY12 iron ore export unlikely to cross 50MT

Firstpost  

The government had raised export duty on both lumps and fines to 20 percent in the Budget for the current fiscal in order to check the indiscriminate export of the raw material and encourage domestic value addition. New Delhi: The country’s miners have said the upward revision in iron ore export duty to 30 percent will make India’s produce uncompetitive …

Mines ministry disagrees with panel suggestion on export ban
13 years, 3 months ago

Mines ministry disagrees with panel suggestion on export ban

Firstpost  

The Ministry of Mines has said that the export of minerals is guided by policy, and it has referred the matter to the Ministry of Commerce. New Delhi: The mines ministry has disagreed with the Justice Shah Committee’s suggestion of banning exports of iron ore and manganese ore to check illegal mining, saying that the export of minerals is guided …

Pits of corruption
13 years, 4 months ago

Pits of corruption

The Hindu  

Goa's mining industry is facing a crisis of reputation following a series of writ petitions, a leaked PAC report and an inquiry by a commission. Besides, the leaked report of the Goa Assembly's Public Accounts Committee, headed by Leader of the Opposition Manohar Parrikar of the Bharatiya Janata Party, has sought an inquiry into the various aspects of the illegal …

Goa Govt Admits To Illegal Mining In HC Affidavit – India TV
13 years, 5 months ago

Goa Govt Admits To Illegal Mining In HC Affidavit – India TV

India TV News  

Panaji, Oct 20: Goa government has admitted before the High Court that there has been illegal extraction of iron ore in the state. In the affidavit before Bombay High Court's Goa bench, Mines and Geology department has said that 6,000 tons of iron ore was extracted in excess of Environment Clearance limits last fiscal. “An exercise was undertaken to verify …

Another iron ore scam, this time in railways!
13 years, 5 months ago

Another iron ore scam, this time in railways!

Firstpost  

The country’s mining scam, which runs into tens of thousands of crores, doesn’t just end at Bellary, Goa or Orissa. According to a CNN-IBN report, the Indian Railways has slapped a demand notice of Rs 660 crore on a Rs 3,00 crore private company,Rashmi Metaliks, for transporting lakhs of tonnes of iron ore meant for domestic consumption by submitting misleading …

Goa illegal mining scam: BJP admits lapses during its rule
13 years, 5 months ago

Goa illegal mining scam: BJP admits lapses during its rule

Firstpost  

Comptroller Auditor General has pointed out that from 2004 to 2006, 10.9 million metric tonnes of iron ore was exported from the state’s ports without paying royalty. Panaji: The BJP today admitted its own Chief Minister in Goa Manohar Parrikar was “negligent” in stopping the illegal export of iron ore during his tenure. It was also a mistake to give …

Mother of all mining scams in Odisha: Rs 30,00,00,00,00,000
13 years, 5 months ago

Mother of all mining scams in Odisha: Rs 30,00,00,00,00,000

Firstpost  

A CNN-IBN investigation unmasks a flourishing iron ore mining scam in Odisha whose value is estimated at Rs 3 lakh crore. Even at night, the CNN-IBN team found trucks leaving loaded with the illegally mined iron ore. At Unchabali, the CNN-IBN team trekked past pillars marking the Indrani Patnaik Mines to the top of a hill where it caught images …

Steel Ministry roots for 30% duty on iron ore exports
13 years, 6 months ago

Steel Ministry roots for 30% duty on iron ore exports

Firstpost  

The Steel industry wants to hike the export duty on iron ore to 30 percent from the current 20 percent. The steel ministry will soon write to the finance ministry demanding to hike export duty on iron ore to 30% from the current 20%, a move to ensure that there is no shortage of the raw material for the domestic …

Supreme Court's mining ban is ruinous for our economy
13 years, 6 months ago

Supreme Court's mining ban is ruinous for our economy

Firstpost  

Intended to show the court’s resolve to bring corrupt mining operators to book, the ban could aggravate the slowdown in the Indian economy. By Rajiv Kumar The Supreme Court of India seems to have created a crisis after imposing a large-scale ban on iron ore mining in the Bellary district of Karnataka. Although the Supreme Court has subsequently allowed the …

Adani denies link to illegal mining, says company only a port operator
13 years, 7 months ago

Adani denies link to illegal mining, says company only a port operator

Firstpost  

Adani Enterprises Ltd denied on Saturday any links to alleged illegal mining in Karnataka and said the company had never had any interest in mining iron ore. Adani Enterprises Ltd denied on Saturday any links to alleged illegal mining in Karnataka and said the company had never had any interest in mining iron ore. Shares in Adani plunged as much …

SC Suspends Mining Activities In Bellary
13 years, 7 months ago

SC Suspends Mining Activities In Bellary

India TV News  

New Delhi, Jul 29: In the midst of a political upheaval in Karnataka, the Supreme Court today ordered immediate suspension of mining and transportation of iron ore from Bellary district of the state saying “over-exploitation” of the area has caused large-scale environmental degradation. A bench headed by Chief Justice S H Kapadia said a “holistic” view was required in view …

CBI found Irregularities in export of iron ore
14 years, 1 month ago

CBI found Irregularities in export of iron ore

The Hindu  

The CBI today found certain irregularities in the export of iron ore in mining sites owned by Karnataka ministers Janardhana and Karunakara Reddy on the second day of its inspection. A 15-member CBI team headed by SP H Venkatesh inspected six mining trenches in Siddapura and Malpanagudi, located on the Karnataka-Andhra Pradesh borders and examined transit permits and other documents, …

Assocham welcomes Karnataka decision to ban iron ore export
14 years, 7 months ago

Assocham welcomes Karnataka decision to ban iron ore export

The Hindu  

The Associated Chambers of Commerce and Industry, the industry body, on Sunday welcomed the Karnataka government’s decision to ban iron ore export, but emphasised that the State should ensure it was enforced fully. The body had favoured a delegation from West Bengal, Chhattisgarh, Jharkhand, Karnataka to meet the Prime Minister and seek support for a total ban on iron ore …

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