The government of the western Indian coastal state of Goa has canceled registration of 50 percent of active iron ore traders for failing to provide documents for verification, sources said on Tuesday, July 9.
They said that around 250 iron ore traders were registered with the directorate of mines and geology of the Goa government and almost half did not submit the documents necessary for renewal of registration, following which their permits to conduct business have been cancelled.
According to the sources, when mining activities in the state were halted in 2012 following a court order, the directorate had suspended licenses of iron ore traders but, with mining activities poised to be resumed, traders had been directed to submit documents afresh for renewal of their trading activities including the lifting of stocks from freshly-mined volumes and existing dumps lying across the state.
But only half the traders complied with the notice seeking renewal of registration, the sources said.
