NMDC launches legal action over Donimalai mine dispute

The Karnataka government on Tuesday decided to resume iron ore mining at Donimalai in Bellari district, which had been stopped since 2018, and said it expected to earn revenue of Rs 647 crore a year from it. This was decided at a cabinet meeting here. Donimalai is rich in iron ore and was in the custody of state-owned NMDC for 50 years when its lease period ended in 2018, sources in the ...

donimalai iron ore mine

After closure of Donimalai Iron Ore Mine for more than eight months, NMDC is set to resume operations in accordance with the Honourable High Court of Karnataka decision, NMDC said in a statement here.

Iron Ore Production in India crosses 205 mnt after 8 years

Jul 17, 2019· NMDC in November last year suspended the iron ore mining from Donimalai in Ballari district after the state government by its November 2, 2018 order imposed premium equivalent to 80% of the average sale price of iron ore while extending the mining lease for a period of 20 years.

NMDC to resume iron ore production at Donimalai mine

Sep 15, 2020· Donimalai is rich in iron ore and was in the custody of state-owned NMDC for 50 years when its lease period ended in 2018, sources in the government privy to the issue said.. Since then the renewal did not happen as Karnataka wanted a premium of 80 per cent, which NMDC did not agree to, the sources said, adding that the state was losing GST, royalty, premium, economic activities around ...

No decision on premium, Donimalai iron ore mine shut ...

Sep 16, 2020· NMDC gets approval for restart of iron ore mining at Donimalai, Karnataka Wednesday, 16 September 2020 12:17:05 (GMT+3) | Kolkata The government of the southern Indian state of Karnataka has approved the restart of mining operations at the Donimalai iron ore mines in the state by NMDC Limited, a state government official said on Wednesday ...

K'taka cancels NMDC iron ore lease in Donimalai | Deccan ...

Sep 16, 2020· NMDC gets approval for restart of iron ore mining at Donimalai, Karnataka Wednesday, 16 September 2020 12:17:05 (GMT+3) | Kolkata The government of the southern Indian state of Karnataka has approved the restart of mining operations at the Donimalai iron ore mines in the state by NMDC Limited, a state government official said on Wednesday ...

Donimalai iron ore issue will be solved in three months ...

Donimalai is rich in iron ore and was in the custody of state-owned NMDC for 50 years when its lease period ended in 2018, sources in the government privy to the issue said. Since then the renewal did not happen as Karnataka wanted a premium of 80 per cent, which NMDC did not agree to, the sources said, adding that the state was losing GST ...

Karnataka govt defers auction of Donimalai iron ore mine

Jul 18, 2019· In December last year, NMDC reportedly launched legal action against the southern state of Karnataka to prevent demands for a larger share of revenue from Donimalai mine iron ore sales.. A before the launch of official legal proceedings, NMDC suspended production. The state government had imposed an 80% premium on iron ore sales from the mine, the company noted in a regulatory filing.

NMDC to resume iron ore production from Donimalai mines as ...

Jan 30, 2020· searched for: donimalai iron ore mine Mining industry needs scientific tools to mitigate risks due to fluctuating iron ore prices: FIMI It also emphasised on adopting scientific tools for monitoring on various fronts like quantity, quality and pricing of iron ore in …

Karnataka Allows NMDC Iron Ore Mining at Donimalai

"The government of Karnataka has identified one iron ore mine for electronic auction for grant of mining lease and accordingly NIT (Notice Inviting Tender) was issued dated August 20, 2019, on MSTC website for Donimalai Mine (earlier held by NMDC) ML no 2396," according to a notice by the state government.

NMDC sues Karnataka over revenue share from Donimalai mine ...

Suspension at NMDC Donimalai: In another setback for domestic iron ore supply, operations at NMDC's Donimalai mines in Karnataka have remained suspended. On 3rd Nov'18 NMDC lease got expired and was later renewed for the next 20 years but state govt has asked NMDC to pay 80% premium on iron ore sale value from Donimalai to the Karnataka ...

Karnataka govt defers auction of Donimalai iron ore mine

NMDC Limited - Donimalai Iron Ore Mines, Donimalai. Donimalai Iron Ore Mines: The saga of NMDC includes the pioneering exploration activity carried out for developing iron ore mines in Karnataka in various regions like Kudremukh, Donimalai, Bababudan, Kumaraswamy and Ramandurg.

Donimalai iron ore issue will be solved in three months ...

"The renewal (of Donimalai iron ore mining) was pending since 2018 after the completion of 50 years. Now we are going to take a decision within three months," Joshi told reporters here after a high level meeting with Chief Minister B S Yediyurappa and ministers and officials of the Karnataka government.

A 360 Degree Outlook of India's Iron Ore Exports & Imports ...

Jul 18, 2019· In December last year, NMDC reportedly launched legal action against the southern state of Karnataka to prevent demands for a larger share of revenue from Donimalai mine iron ore sales.. A before the launch of official legal proceedings, NMDC suspended production. The state government had imposed an 80% premium on iron ore sales from the mine, the company noted in a regulatory filing.

Donimalai Iron Ore Mine: Latest News & Videos, Photos ...

Suspension at NMDC Donimalai: In another setback for domestic iron ore supply, operations at NMDC's Donimalai mines in Karnataka have remained suspended. On 3rd Nov'18 NMDC lease got expired and was later renewed for the next 20 years but state govt has asked NMDC to pay 80% premium on iron ore sale value from Donimalai to the Karnataka ...

NMDC Limited - Sale of Iron Ore Pellets,Donimalai

NMDC Ltd on Monday filed a case against Karnataka Government for claiming for larger share of revenue from the sale of iron ore from the Donimalai mine in the state. It may be recalled that last month, NMDC had decided to suspend iron ore mining from Donimalai after the Karnataka government imposed 80 per cent premium on sales of the mineral ...

Karnataka govt defers Donimalai iron ore mine auction ...

Indian state-controlled iron ore mining company National Mineral Development (NMDC) has reportedly launched legal action against the southern state of Karnataka to prevent demands for a larger share of revenue from Donimalai mine iron ore sales.

NMDC to resume iron ore production from Donimalai mines as HC

Donimalai Iron Ore Mines: The saga of NMDC includes the pioneering exploration activity carried out for developing iron ore mines in Karnataka in various regions like Kudremukh, Donimalai, Bababudan, Kumaraswamy and Ramandurg. NMDC developed the Donimalai mine in this area to export ore to Japan and South Korea.

Karnataka govt defers auction of Donimalai iron ore mine

NMDC Ltd on Monday filed a case against Karnataka Government for claiming for larger share of revenue from the sale of iron ore from the Donimalai mine in the state. It may be recalled that last month, NMDC had decided to suspend iron ore mining from Donimalai after the Karnataka government imposed 80 per cent premium on sales of the mineral ...


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