The index of mineral production of mining and quarrying sector for the month of January 2020 (Base: 2011-12=100) at 124.3, was 4.4% higher as compared to the level in the month of January, 2019. The cumulative growth for the period April- January, 2019-20 over the corresponding period of previous year has been (+) 1.0 percent. Mining ...
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Parliament Passes The Mineral Laws (Amendment) Bill, 2020
Parliament passed The Mineral Laws (Amendment) Bill, 2020 for amendments in Mines & Mineral (Development and Regulation) Act 1957 and The Coal Mines (Special Provisions) Act, 2015. Rajya Sabha passed the bill today while Lok Sabha already passed this bill on 6th March, 2020. The Mineral Laws (Amendment) Bill, 2020, will open a new era in Indian coal & mining ...
Read More »Effective Disaster Management in Mines to Boost Mineral Production
On 29th December 2018, I came across heart breaking news in the media that, the Indian Air Force and Navy have joined the operation to rescue fifteen mine workers trapped since 13th December in a flooded coal mine in Meghalaya. This is an illegal coal mine functioning without any safety measures. This tragedy has made the nation ...
Read More »Production, Supply and Import of Coal
As per International Energy Agency (IEA), India was the third largest coal producer in the world during 2016-17. There is no shortage of coal in the Country. As on 1.04.2018 the vendible stock of coal was 55.6 MT and as on 15.12.2018 coal stock was 22.93 MT with CIL. All India raw coal production has increased from 565.77 MT in ...
Read More »Growth of Beach Sand Mineral Industry in Odisha – Calls for urgent attention by the State Govt
. Odisha not only possess huge mineral deposits of Iron, Coal, Bauxite and Chromium; but also has a substantial quantity of Beach Sand deposits. The effective mining of Beach sand, beneficiations and conversion to value added products within Odisha will accelerate the industrial development of the state. R C Patnaik, the Former Executive of Indian Rare Earth Ltd, Chatrapur in ...
Read More »Exploitation of Atomic Minerals
Government of India is aware of the fact that 10.98 million tonnes of resources of Molybdenum Ore is located in Tamil Nadu. However, Department of Atomic Energy (DAE) has not taken up any project for exploitation of Molybdenum available near Harur Taluk, Dharmapuri District in Tamil Nadu. Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of Department of Atomic ...
Read More »Private sector must play key role in exploration of the deep seated minerals
The Union Government has allowed 100 per cent Foreign Direct Investment (FDI) in the mining sector and exploration of metal and non-metal ores under the automatic route, which will propel growth of this sector. Addressing the 7th India Minerals and Metals Forum in New Delhi today Joint Secretary Ministry of Mines, Mr Anil Kumar Nayak said Power and cement industries are ...
Read More »Mining sector can help society prosper – CMD NALCO
Sustainable Mining can bring prosperity to Odisha and India, as in Australia and Canada, because it has the potential to provide employment and can play a huge role in alleviating poverty, said Dr. Tapan Kumar Chand, CMD, NALCO, at the Sustainable Mining Summit held here today, organised under the aegis of Federation of Indian Mineral industries (FIMI).Corporate stalwarts, policy-makers, leaders ...
Read More »Steps to reduce cost of production and import of coal
Some of the measures taken to bring down the cost of production by Coal India Limited (CIL) include the following: e-reverse auction for finalization of contracts for explosives implemented. Action taken for improving competition in tenders and cost reduction: In case of procurement, introduction of Reverse Auction (RA) for tenders valued more than 1 crore with Start Bid price as ...
Read More »Supply of Coal to Power Sector
Supply of coal to the Power Sector has risen to 210.3 Million Tonnes (MT) in the first six months of this fiscal against 195.2 MT during the corresponding period of 2016-17 thus recording growth of 7.74% (provisional).As per guidelines prescribed by CEA, the thermal power stations are required to keep average coal stock for 22 days consumption for smooth operations. ...
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