Goa halts iron ore mining; Sesa, Sterlite shares hit Reuters
Goa temporarily halted iron ore mining from Tuesday to check if operations were legal, a move that is expected to further dent exports from India and support flagging global prices.
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Goa temporarily halted iron ore mining from Tuesday to check if operations were legal, a move that is expected to further dent exports from India and support flagging global prices.
GOA, India(BUSINESS WIRE)Sesa Goa Limited (now Sesa Sterlite Limited) received permission from the Honorable Supreme Court appointed Monitoring Committee to resume the mining
On Tuesday, the share prices of Sesa Goa and Sterlite Industries crashed per cent at Rs 160 and per cent at Rs at the closing session on the BSE after media reports said that Goa Gover
Sesa Goa acquired a major stake in Western Cluster, a Liberian iron ore mining company, in an allcash Rs 400crore deal. Iron ore reserves at the Western Cluster are estimated at over a billion
Sesa Sterlite had 10 mining leases in Goa and one in Karnataka. Of these, seven belonging to the Vedanta group have been cleared by the Goa bench of the Bombay High Court for renewal. In all, 28 leases for which stamp duty had been paid in 2012 were cleared for renewal by the Goa bench in its judgment of August 13.
#0183;#32;Mining in Goa was shut down for around 18 months, and one of the parties most affected was Sesa Sterlite. Before mining was halted, it had about 15 iron ore leases in Goa
The Supreme Court is expected to rule on lifting an 18month old mining ban in Goa soon, after which operations may resume in September, following the monsoon, a Sesa Sterlite official said on Friday.
Natural resources,Mining in India,Mining company in India,Natural resources in India,Oil reserves,Drilling,Exploration + Production,Energy,Vedanta,Anil Agarwal,Sudhir
Metal and mining conglomerate Sesa Sterlite hopes to start mining in Goa in the second half of the current fiscal. quot;We are engaging with the State Government and MoEF to gain approvals for starting mining on our leases in Goa, and we expect production to start in the second half of the financial year,quot; the company has said in its annual report.
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Metal and mining conglomerate Sesa Sterlite hopes to start mining in Goa in the second half of the current fiscal.
#0183;#32;Sesa Goa, Sterlite plummet after Goa mining ban. 11 September 2012. Shares in Sesa Goa, India''s biggest iron ore exporter, and sister company Sterlite Industries today
Goa govt proactive on mining; buy Sesa Sterlite: Espirito Ritesh Sh of Espirito Santo believes the Goa government has been rather proactive on mining, considering it has already collected
New Delhi, Jun 16 (PTI) Metal and mining conglomerate Sesa Sterlite hopes to start mining in Goa in the second half of the current fiscal. quot;We are engaging with the State Government and MoEF to
Read more about Sesa Sterlite: Goa mining leases not a big catalyst on Business Standard. Analysts estimate Goa mines to produce mt in FY15, which pales in comparison to its capacity of 14 mt
Sesa Goa Iron Ore, a Vedanta Group company is engaged in exploration, mining and processing of iron ore. The company was founded in 1954, as Scambi Economici SA Goa. Since then, it has grown to be one among the top lowcost producers of iron ore in the country. During, it diversified into the manufacture of pig iron and metallurgical
Sesa Goa Iron Ore, a Vedanta Group company is engaged in exploration, mining and processing of iron ore. The company was founded in 1954, as Scambi Economici SA Goa. Since then, it has grown to be one among the top lowcost producers of iron ore in the country. During, it diversified into the manufacture of pig iron and metallurgical
NEW DELHI: Metal and mining conglomerate Sesa Sterlite hopes to start mining in Goa in the second half of the current fiscal. quot;We are engaging with the State Government and MoEF to gain approvals for starting mining on our leases in Goa, and we expect production to start in the second half of the financial year,quot; the company has said in its annual report.
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