A Gold Category State PSU, Odisha Mining Corporation Limited was set up in 1956 as a joint venture between the Govt. of India and the Govt. of Odisha to harness the mineral wealth of the state. In 1961, the company became wholly owned by the Govt. of Odisha.
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Apr 20, 2020· Shares of National Aluminium Company jumped over 6 per cent in Monday's trade after the company was granted the mining lease of the Utkal-D coal block by the Odisha government. The Navratna CPSE, one of the leading producers of alumina and aluminium in the country, has been granted the mining lease by the state government through a notification issued on April 16.
Gold investment avenues in Orissa. Over-the-counter: Gold is sold in retail in the form of bullions, coins and jewellery in Odisha. For most consumers in Odisha, Gold is a hedge against inflation. Most investors are view gold as an essential investment. All major cities in Odisha have thinner margins while towns boast of higher margins.
Oct 04, 2019· BHUBANESWAR: Odisha is inviting bids for 20 iron ore and manganese mines in the state starting Friday, marking an important transition for the sector since the Narendra Modi government amended mining laws in 2015 to introduce the auction system to allocate mining licences. Now, 329 mines across the country will see the end of their terms in March 2020. This includes 24 working mines in Odisha ...
Jan 16, 2018· The Odisha government earlier this month has suspended operations in six mines that failed to pay penalties by December 31 for overproduction and illegal activities.
Jul 23, 2020· In February 2020, AMIPL was selected preferred bidder for Thakurani iron ore mine license following an auction process conducted by the Odisha government, in which AMIPL agreed to pay a 107.55 per ...
Jul 23, 2020· ArcelorMittal India has commenced mining operations at Thakurani iron ore mine in Odisha. The mine has reserves of about 179 million tonnes and will supply key raw material to AM/Nippon Steel India.Th
Jul 23, 2020· Mining operations hit in Odisha, Oram visits protest site Meanwhile, due to closure of its three mines in the area, MCL is suffering daily losses to the tune of 70,000 tonne and not 17,000 tonne ...
GSI estimated gold deposits of 2,700 tonnes in Sonpahadi, while 650 tonne in Hardi field," KK Rai Mining Officer told new agency ANI. The state mining department has formed a seven-member team ...
Jun 18, 2020· Merchant mines in Odisha are set to recommence operations towards the middle of next month. The local government here has issued vesting orders necessary to restart mining activity at the leases. Before the expiry of their leases on March 31 this year, the Odisha government had held online auctions of 24 merchant blocks containing deposits of ...
Nov 19, 2018· Gold Mines In Odisha Kanak News. Loading... Unsubscribe from Kanak News? ... Villagers Mine Gold From Riverbed In Malkangiri - Duration: 5:02. Kanak News 177,053 views. 5:02.
Feb 02, 2020· JSW Steel has bagged two iron ore mines with a total reserves of 980 million tonnes in the auction in Odisha, a source said. The company won Narayanposhi iron block with 190 MT reserve on .
The Odisha administration has set in motion the process to organise auctions for mining leases for as many as 24 iron ore mines. The leases in those cases, allotted on nomination basis, would ...
Jan 16, 2020· Odisha had kicked off the auctions of working mines by first putting two non-captive chromite blocks under the hammer – the Kamarda deposit being mined by BC Mohanty and the Saruabil mine by Misrilall Mines. Both were bagged by a Tata Steel subsidiary at steep bids of 96.8 percent and 88.5 per cent and respectively.
Merchant mines in Odisha are set to recommence operations towards the middle of next month. The local government here has issued vesting orders necessary to restart mining activity at the leases.
Aug 07, 2013· Its mines in Odisha have reserves of 100 million tonnes and the plant has an annual capacity of 4 million tons. The infrastructure includes a 230 km-pipeline that connects the mines to .
Jul 23, 2020· ArcelorMittal India Private Ltd (AMIPL) has commenced mining operations at its Thakurani iron ore mine in the district of Keonjhar, Odisha, the company announced on .
Mar 14, 2014· Map showing the location of Gold Mines in India. Detail information on gold mines found in different regions in India.
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Jul 12, 2007· BHUBANESWAR: Gold deposits have been discovered in Orissa, which has a vast reservoir of mineral wealth like iron ore, bauxite and coal, during a .
Nov 13, 2018· Sarda Mines had acquired a mining lease for over 947.046 hectare for 20 years from 2001 to 2021 for Thakurani iron ore mine in Keonjhar in Odisha, but the environment clearance was granted only in ...
Feb 21, 2020· As per the World Gold Council, India currently has 626 tonnes of gold reserves. The new reserves are almost five times that amount and estimated at Rs 12 lakh crore.
The Steel & Mines Department is one of the important Departments of Government of Odisha. It works for the development of the mineral resources of the State under the regulatory powers. It also encourages and provides support for value addition and end-use of minerals in the State.