Vedanta Ltd on Saturday said it has been declared as "preferred bidder" for an iron ore mine in Goa. The government of Goa had invited tenders to participate in electronic auction for grant of mining lease in respect of iron ore mines in the state, the company said in a regulatory statement. The company said it had submitted its bid for grant of mining lease. "As per the notice dated June 9, 2023, issued by the Directorate of Mines & Geology, Government of Goa, the company has been declared as 'preferred bidder' in respect of electronic auction of block VII - Cudnem mineral block based on highest final price offer of 93.15 per cent," it said. The grant lease by the Goa government shall be subject to making of necessary payments, completion of other terms and conditions of the tender document, Vedanta Ltd said. Iron ore is a key raw material used in steel manufacturing.
Ministers in the Pramod Sawant government are on record saying that as mining is yet to resume, there is a need to focus on tourism, which can generate revenue
Congress will restart the mining industry as soon as the party forms government, Gandhi said, campaigning ahead of the February 14 elections
The mining community of Goa -- mining workers, people employed in the logistics industry, barges, ports, etc., is appealing to the SC, Central and State govts to restart mining in the state
The MEAI on Tuesday raised concerns over rising unemployment of mining professionals in Goa and the lost job opportunities due to the delay in arriving at a solution to restart mining in the state
Goa Mining People's Front (GMPF) has sought Prime Minister Narendra Modi's intervention to help resume mining in Goa
The demand for resumption of mining in Goa should be tackled sympathetically, India's Sherpa to G20 and G7 Suresh Prabhu said after meeting families of the people dependent on the mining industry
Mining dependents in Goa have made an appeal to PM Modi for his intervention to protect livelihood in the state by resuming mining operations there, the Goa Mining People's Front said
In a major relief to mining firms, the apex court modified its earlier order and permitted transportation of already mined iron ore lying unused at various sites in the state.
Shripad Naik, minister of state for defence, issued a statement welcoming the Supreme Court 'judgement' on iron ore mines in the state
The Goa bench of the Bombay High Court has directed three mining companies to deposit Rs 65 lakh each before it for rehabilitating the agricultural land was polluted due to mining. Justice M S Sonak and Justice M S Jawalkar issued the interim order on Wednesday after the state's counsel argued that the mining companies were responsible for filling silt in the paddy field in Sirigao village of North Goa. The court also directed the District Mineral Foundation (a corpus created by the Centre through the tax contribution by mining firms) to earmark Rs 2 crore for the purpose. Vedanta Inc, Rajaram Bandekar (Siridao) Mines Private Limited and Chowgule & Company Private Limited are respondents in this petition. "We direct the mining companies to deposit in this court Rs 65 lakh each, on or before the next date which shall be January, 27," the bench ruled. If it is found that the mining companies are not responsible for this silt or are not responsible under the polluters
Mining came to a standstill in Goa in March last year after the Supreme Court quashed 88 leases and banned extraction of fresh iron ore
The Supreme Court in March 2018 scrapped licences given to mining companies in the state.
Prime Minister Narendra Modi, during the Niti Aayog meeting in Delhi earlier this week, also emphasised the need for quickly finding a resolution to the mining impasse in Goa
The GMPF has been agitating for several months now demanding amendment in mining laws for the resumption of mining operations in Goa
The Supreme Court-mandated ban on all mining operations in Goa, the second in less than a decade, will disrupt the livelihoods of tens of thousands in the state