auction of iron ore mines in karnataka

 

Iron ore: Bellary mines go under the hammer at premium

With the the demand in steel sector picking up, Karnatakas seven iron ore mines in Bellary district have been auctioned this month at a premium rate. Advertising The final bid for the iron ore mines in Karnataka was in the range of 59 to 111 per cent of the floor price which is monthly value

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Ktaka to auction iron ore mines if NMDCnot willingfor 80

Nov 26, 2018· Hyderabad, Nov 26 PTI: The Karnataka government is in the process of calling for fresh tenders of Donimali iron ore mines and may go in for auction

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JSW steel sets eyes on 16 mines in Karnataka for bidding

MUMBAI: JSW Steel has identified 16 iron ore mines to bid for in Karnataka's impending auctions based on the deposits found, its deputy managing director Vinod Nowal told ET. The Karnataka government has been directed by the Supreme Court to auction all mines in category C, where most illegal mining happened, to end users ofmodity by end of August this year.

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JSW Steel wins five iron ore mines in Karnataka,g

New Delhi: JSW Steel has won five iron ore mines in Karnataka with an estimated reserve of 111 million tonnes. The steel major has also securedg coal mine through an auction in Jharkhand.The mine has total extractable coal reserve of around 30 MT.pany has won five mines in the auctions of C category iron ore mines in Karnataka.

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Steel Industry Likely to Face Backlash Over Production

May 21, 2019· New Delhi: A delay in auction of iron ore mines, whose licences are expiring by March next year, could hit steel production significantly in the country, a report by India Ratings and Research Private Ltd Ind Ra said. Licences of 288 merchant mines, of which 59 mines are under operations, will expire by March next and if the auction of the mines is delayed it could significantly affect the

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Ktaka to auction iron ore mines if NMDC not willing for

Prime News, State, Bengaluru, November 26: The Karnataka government is in the process of calling for fresh tenders of Donimali iron ore mines and may go in for auction in case the state owned NMDC does not sign the contract agreeing for 80 per cent premium in the next three weeks, sources close to the development said.

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Karnataka Iron Ore E auctions:FY15 Vs FY16 steel

The mining industry in Karnataka, which abruptly came to a hault in 2012 following the Supreme Court directive to curb illegal mining and save environment, is now using e auctions as the sole method to sell all the mined ore in the state. Karnataka, the third largest iron ore producing state, after Odisha and Chhattisgarh, has

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Karnataka govt to auction iron ore mines if NMDC not

Nov 26, 2018· The Karnataka government is in the process of calling for fresh tenders of Donimali iron ore mines and may go in for auction in case the state owned NMDC does not

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Karnataka iron ore mines stuck with 6.5 million tonnes of

Apr 25, 2019· Iron ore miners in Karnataka are stuck with 6.5 million tonnes of unsold inventory as against 1.5 mt a year ago. And one of the reasons is that thepanies are buying ore from other states, while Karnataka mines are not allowed to export outside the state.

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e auction for iron ore in Karnataka to begin from Sept 14

Sep 11, 2011· e auction for iron ore in Karnataka to begin from Sept 14. The electronic auction of iron ore stocks in Karnataka, as directed by the Supreme Court, will begin from September 14 and iron and steel producers have been invited to register for it, officials said.

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Iron Ore E Auction MSTC LimitedA Govt. of India Enterprise

For queries regardingmittee Karnataka Iron Ore Auctions please contact D.Roy/ A Chattopadhya at Ph 0802226 0054D, 2226 6417 D / Mobile 09342502582/Fax 080 2225 6367.

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JSW Steel and MSPL win auction for 7 C category iron ore

It is reported that 6 out of the 14 C category iron ore mine leases, for which Supreme Court in April 2013 had directed the government to cancel 51 C category mining leases for indulging in

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Government plans to auction over 100 mines in six months

Government plans to auction over 100 mines in six months The government has so far auctioned 50 mines, including 23 limestone, 17 iron ore, four gold, two each of manganese and graphite, and one

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SC asks Karnataka govt for alternatives to e auction of

New Delhi: The Supreme Court on Tuesday asked the Karnataka government to indicate alternatives to e auction of iron ore in the state. Aprising justices Ranjan Gogoi, P.C. Pant and Navin

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Steel Industry Likely to Face Backlash Over Production

May 21, 2019· New Delhi: A delay in auction of iron ore mines, whose licences are expiring by March next year, could hit steel production significantly in the country, a report by India Ratings and Research Private Ltd Ind Ra said. Licences of 288 merchant mines, of which 59 mines are under operations, will expire by March next and if the auction of the mines is delayed it could significantly affect the

More

Mining scams in India

Illegal iron ore mining in Karnataka. Rising global iron ore prices driven by Chinese demand brought focus to the iron ore rich Bellary region of Karnataka.This iron ore is alleged to have been illegally mined after paying a minuscule royalty to the government.

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Iron ore mining in Karnataka: Challenges massive, but here

Jan 15, 2018· Iron ore mining in Karnataka: Challenges massive, but here is what will bring respite steel mills are selective in buying iron ore in the e auction and still resort to procurement of ore from

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Supreme Court allows auction of category C iron ore mines

Supreme Court allows auction of category C iron ore mines in Karnataka. You are here: Home / Blog / Commodities / Ores / Iron Ore / Supreme Court allows auction of category C iron ore mines in Karnataka.

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Karnataka to auction 14 iron ore mines by June VCCircle

Apr 28, 2016· After almost a three month lull of iron ore mine auctions in the country, the Karnataka government is set to auction 14 mines in June. These mines, referred to as category C mines, are primarily located in Bellary and Chitradurga districts with an estimated reserve of 127 million tonnes MT of iron ore.

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JSW Steel wins five iron mines in Karnataka, coal mine in

New Delhi: JSW Steel has won five iron ore mines in Karnataka with an estimated reserve of 111 million tonnes. The steel major has also securedg coal mine through an auction in

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MSTC Ltd.: MSTC Limited Conducted E Auction for iron ore

Oct 18, 2016· The final bid for the iron ore mines in Karnataka was in the range of 59 to 111 per cent of the floor price which is monthly value of the mineral dispatched from the mine. JSW group whose firm JSW Steel is the largestpany in the country won five iron ore mines in Karnataka.

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Karnataka to start auction of 14 iron ore mines by August

Jun 06, 2016· The auction will help the state government earn a revenue, including royalty, DMF and NMET, of Rs 11,328 crore over a period of 50 years. Karnataka to start auction of 14 iron ore mines

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www.karnataka.gov.in

Karnataka and Others W.P. C 562 of 2009, the Government of Karnataka is conducting the second attempt of auction of three 03 Category 'C' Iron ore Mines for grant of Mining Lease as per Rule 9 12 of the amended Mineral Auction Rules, 2017. Only the end users engaged in production of sponge iron and/or pig iron and/or steel

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Karnataka Iron Ore Mines Auction: Latest News, Videos and

Oct 11, 2018· Karnataka Iron Ore Mines Auction News: Latest and Breaking News on Karnataka Iron Ore Mines Auction. Explore Karnataka Iron Ore Mines Auction profile at

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e auction for iron ore in Karnataka to begin from Sept 14

Sep 11, 2011· e auction for iron ore in Karnataka to begin from Sept 14. The electronic auction of iron ore stocks in Karnataka, as directed by the Supreme Court, will begin from September 14 and iron and steel producers have been invited to register for it, officials said.

More

Mining scams in India

Illegal iron ore mining in Karnataka. Rising global iron ore prices driven by Chinese demand brought focus to the iron ore rich Bellary region of Karnataka.This iron ore is alleged to have been illegally mined after paying a minuscule royalty to the government.

More

Supreme Court lays down modalities for auction of 15 iron

Jul 31, 2015· Laying down modalities for auction of 15 iron ore mines in Karnataka, the Supreme Court on Thursday allowed state run andpanies having end

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In a first, Karnataka to e auction iron ore leases The Hindu

Mar 24, 2016· Come February 2016, Karnataka will, for the first time in the country, e auction C category iron ore mining leases, following the direction of

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Supreme Court stays C category iron ores mine auction in

Prime News, State, New Delhi, August 17: Asking the Karnataka government to disclose the list of C category iron ore mines that are no longer economically viable, the Supreme Court on Wednesday said they can be closed down rather than their boundaries redrawn and auctioned. A bench headed by Justice Ranjan Gogoi further clarified that until the

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Karnataka to auction iron ore mines if NMDC not willing

The Karnataka government is in the process of calling for fresh tenders of Donimali iron ore mines and may go in for auction in case the state owned NMDC does not sign the contract agreeing for 80

More

Government plans to auction over 100 mines in six months

Government plans to auction over 100 mines in six months The government has so far auctioned 50 mines, including 23 limestone, 17 iron ore, four gold, two each of manganese and graphite, and one

More

India: Karnataka Eases Rules to Auction Two Iron Ore

Dec 04, 2018· The Karnataka government had put eight iron ore mines on an e auction in September 2018. Out of which, five had qualified for final rounds and the remaining three mines were disqualified.They had less than three bidders hence not qualified for next round of bidding process.

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JSW Steel, Kirloskar Ferrous win iron ore mines in

Five iron ore mines were auctioned in Karnataka over the past three days. JSW Steel and Kirloskar Ferrous were among the winners, as was Minera Steel Power. Names of the other two were not available. The auction started on Tuesday and continued till late evening on Thursday. The total capacity of these mines is 5.73 million tonnes per annum.

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Iron Ore Production: Expiry Of Mining Licences May Hit

Mar 26, 2019· Nearly a third of iron ore supplies to domestic steel mills could be disrupted if the auction of 33 mines whose leases are slated to expire in March next year are not held in time. These mines contribute about 28 percent of the countrys total production of iron ore, a key raw material used in

More

In a first, Karnataka to e auction iron ore leases The Hindu

Mar 24, 2016· Come February 2016, Karnataka will, for the first time in the country, e auction C category iron ore mining leases, following the direction of

More

Karnataka Iron Ore Mines Auction News Latest News on

Oct 11, 2018· Check out for the latest news on Karnataka Iron Ore Mines Auction along with Karnataka Iron Ore Mines Auction live news at Times of India

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Fourth E auction of iron ore in Karnataka Lee Universal

Oct 03, 2011· Iron ore starved JSW Steel, which requires 45,000 tonnes of the material a day to run its 10 million tonne steel plant at Toranagal in Bellary, picked up just 76,000 tonnes. The largest steel producer in Karnataka has so far bought 1.92 million tonnes of the ore

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Delay in auction of iron ore mines could hit steel

Karnataka to auction iron ore mines if NMDC not willing for 80 premium Global iron ore prices to rise 11 on supply disruptions, China stimulus A delay in auction of iron ore mines, whose licences are expiring by March next year, could hit steel production significantly in the country, a report has cautioned.

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SC allows auction of category C iron ore mines in Karnataka

Business Standard reported that Supreme Court last week allowed the Karnataka government to e auction the 'C' category of mines that are economically viable. C category iron ore mines were last

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India: Karnataka Eases Rules to Auction Two Iron Ore

Dec 04, 2018· The Karnataka government had put eight iron ore mines on an e auction in September 2018. Out of which, five had qualified for final rounds and the remaining three mines were disqualified.They had less than three bidders hence not qualified for next round of bidding process.

More

JSW steel sets eyes on 16 mines in Karnataka for bidding

MUMBAI: JSW Steel has identified 16 iron ore mines to bid for in Karnataka's impending auctions based on the deposits found, its deputy managing director Vinod Nowal told ET. The Karnataka government has been directed by the Supreme Court to auction all mines in category C, where most illegal mining happened, to end users ofmodity by end of August this year.

More

Karnataka iron ore mines stuck with 6.5 million tonnes of

Iron ore miners in Karnataka are stuck with 6.5 million tonnes of unsold inventory as against 1.5 mt a year ago. And one of the reasons is that thepanies are buying ore from other states

More

NMDC to auction 3 lakh tonnes of iron ore in Karnataka on

Oct 11, 2011· NMDC to auction 3 lakh tonnes of iron ore in Karnataka on October 14 This will be second auction conducted by the mining major in a span of 10 days, having sold about 2 lakh tonnes of ore on October 4.

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Karnataka Iron Ore Block Auctions: Kirloskar Ferrous Bags

Karnataka iron ore mine block auction forpanies is on progress in whichpanies had participated. Today on 7 Sept.

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Iron ore: Bellary mines go under the hammer at premium

With the the demand in steel sector picking up, Karnatakas seven iron ore mines in Bellary district have been auctioned this month at a premium rate. Advertising The final bid for the iron ore mines in Karnataka was in the range of 59 to 111 per cent of the floor price which is monthly value

More

Iron Ore Production: Expiry Of Mining Licences May Hit

Mar 26, 2019· Nearly a third of iron ore supplies to domestic steel mills could be disrupted if the auction of 33 mines whose leases are slated to expire in March next year are not held in time. These mines contribute about 28 percent of the countrys total production of iron ore, a key raw material used in

More

GOK E auction

Supreme Court SC vide its order 2 nd September 2011 has appointed Centralmittee CEC to oversee E auction of Iron ore from Karnataka. CEC in turn has formed amittee to carry out the order of SC.mitteeprises of three members viz., Sri. H.R. Srinivasa, Director of Department of Mines Geology DMG as Convener, Sri.

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Karnataka iron ore mines stuck with 6.5 million tonnes of

Apr 25, 2019· Iron ore miners in Karnataka are stuck with 6.5 million tonnes of unsold inventory as against 1.5 mt a year ago. And one of the reasons is that thepanies are buying ore from other states, while Karnataka mines are not allowed to export outside the state.

More

Karnataka Iron Ore Block Auctions: MSPL Wins 2 Mine After

Southern India pellet maker MSPL declared preferred bidder for HG Rangagouda mines with 63.3 MnT reserves. Department of Mi Karnataka Iron Ore Block Auctions: MSPL Wins 2 Mine

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In a first, Karnataka to e auction iron ore leases The Hindu

Mar 24, 2016· Come February 2016, Karnataka will, for the first time in the country, e auction C category iron ore mining leases, following the direction of

More

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