Iron ore mining set to resume in Goa after six years

Monday, 25 March 2024 13:41:59 (GMT+3)   |   Kolkata
       

Iron ore mining in the western Indian coastal state of Goa is set to resume after a gap of six years, with Vedanta Limited securing a consent order to extract 3 million mt per year from the Bicholim iron ore block, Goa government sources said on Monday, March 25.

Iron ore mining in Goa was halted in March 2018 by a Supreme Court order which held renewal of mining leases in the state illegal as leases were renewed without the mandatory auction process.

The Goa government has in the meantime auctioned nine iron ore blocks, with Vedanta Limited being the first miner to secure a consent order and two more companies in the process of securing approval for the extraction of ore.


Similar articles

ArcelorMittal sees lower net profit and sales revenues in Q1

02 May | Steel News

Daily iron ore prices CFR China - April 30, 2024

30 Apr | Scrap & Raw Materials

Raw Material Suppliers at IREPAS: General market mood hopeful for improvement

30 Apr | Steel News

Daily iron ore prices CFR China - April 29, 2024

29 Apr | Scrap & Raw Materials

India’s SMIOL to ramp up manganese and iron ore mining capacities

29 Apr | Steel News

India’s NMDC hikes prices of iron ore lumps and fines with immediate effect

29 Apr | Scrap & Raw Materials

Brazilian high-grade iron price increases

26 Apr | Scrap & Raw Materials

Daily iron ore prices CFR China - April 26, 2024

26 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

Kumba Iron Ore’s output and sales down in Q1

26 Apr | Steel News