A draft new mining policy, which is expected to open up India’s largely untapped mineral deposits, is ready and awaits cabinet approval, a senior government official said on Tuesday.
Only 10 percent of India’s land mass has been explored for its mineral wealth, and industry officials say this is due to lengthy paperwork and bureaucratic delays.
India [...]
A minerals explorer in the Pilbara, in north-west Western Australia, says it is happy with the State Government’s preferred site for a new iron ore port.
Aurox Resources has a potential iron ore and vanadium project near Ronsard Island, the site announced last week as the best place for a new multi-user port.
Charles Schaus is the [...]
MACARTHUR Coal’s dealings with Asian companies could come under pressure following corruption charges against mining magnate Ken Talbot.
Academics said some Asian companies might be concerned about the perception of corruption, particularly if it reflected on themselves.
But one industry consultant with coal marketing experience did not think it would affect customer negotiations, saying some might even [...]
Macarthur Coal Ltd.’s largest shareholder Ken Talbot and former state government minister Gordon Nuttall have been charged in relation to secret payments, an Australian crime commission said.
Nuttall is charged with 35 counts of corruptly receiving payments totaling almost A$300,000 ($236,880) between Oct. 24 2002 and Sept. 28, 2005, Queensland’s Crime and Misconduct Commission said in [...]
Macarthur Coal Ltd.’s largest shareholder Ken Talbot and former state government minister Gordon Nuttall have been charged in relation to secret payments, an Australian crime commission said.
Nuttall is charged with 35 counts of corruptly receiving payments totaling almost A$300,000 ($236,880) between Oct. 24 2002 and Sept. 28, 2005, Queensland’s Crime and Misconduct Commission said in [...]
Macarthur Coal Ltd.’s largest shareholder Ken Talbot and former state government minister Gordon Nuttall have been charged in relation to secret payments, an Australian crime commission said.
Nuttall is charged with 35 counts of corruptly receiving payments totaling almost A$300,000 ($236,880) between Oct. 24 2002 and Sept. 28, 2005, Queensland’s Crime and Misconduct Commission said in [...]
Jharkhand is unhappy with the allocation of coal blocks by the union coal ministry and officials say the state’s industries have been completely neglected.
M.K. Mandal, Jharkhand’s chief secretary, is learnt to have written a letter to the ministry expressing dissatisfaction over the allocation.
‘The coal ministry overlooked the state government’s recommendation and allocated nearly half [...]
West Bengal Chief Minister Buddhadeb Bhattacharya today said the Centre should come out with a clear policy on iron ore and treat it as a national asset like coal.
Speaking at the agreement signing ceremony between JSW Limited and the state government, Bhattacharya regretted that the Centre was allowing iron ore export without thinking about the [...]
The Centre says it has reached a consensus with the Jharkhand government on renewing the lease of SAIL for half of the iron-ore deposits, or 1 billion tonnes, in Chiria. An understanding has also been reached on Jharkhand renewing the lease on Gua mines.
Mining lease for the other 1 billion tonnes in Chiria will be [...]
A $1 billion-plus plan to build a coking coal and power plant complex near Rockhampton may be revitalised at Gladstone.
Investment group Babcock & Brown has started a preliminary analysis of the project, which was halted last year by state government-owned Stanwell Corp and its joint-venture partner, MacArthur Coal subsidiary Queensland Coke & Energy.
“We’ve done some [...]
