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        <title>Indian Mining Industry</title>
        <description>News and Analysis on Indian Mining Industry. A snap shot of  new coal blocks for exploration, new coal washeries, coal production, impact of Australian coal imports, Indonesian Coal, port linkage, import restriction, exports, e-auctions, coal industry research report,  new mining blocks, indian mineral exploration policy, tax incentives, rail freight linkage, prospecting licenses, exports and imports, Indian mining sector research report, environment clearance </description>
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            <title>Tax incentives needed in mining</title>
            <link>http://mining.industry-focus.net/industry-overview/145-tax-incentives-needed-in-mining.html</link>
            <description><![CDATA[ A study conducted by Export Import Bank of India has suggested that some of tax incentives is needed to influx drive into the sector. A suitable incentive framework will help mining companies to raise the required capital easily.  A comprehensive mineral exploration policy is needed to sustain the growth. Though mining sector has shown robust growth, mostly it was from the iron ore sector. At present, around 55% of mineral ore exported are iron ores.]]></description>
			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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            <title>Railways withdraw concessions partly to exported iron ore</title>
            <link>http://mining.industry-focus.net/iron-ore-mining/131-railways-withdraw-concessions-partly-to-exported-iron-ore.html</link>
            <description><![CDATA[      With effect from Feb -1, Railways has withdrawn rail freight concessions partly. It has reduced the rebate from Rs.100 per tonne in rail freight. With a rake carrying around 3500-4500 tonnes, Railways can garner around Rs.4 lakh a rake. It may be noted that earlier railways was offering a rebate of around 50% to iron ore.    ]]></description>
			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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            <title>Goa Iron ore exports picks up</title>
            <link>http://mining.industry-focus.net/iron-ore-mining/119-goa-iron-ore-exports-picks-up.html</link>
            <description><![CDATA[      Goa iron ore exports have reached around 40 million tonnes, of which 80 % of it are its origin iron ore and the balance from its neighbouring states exports routed through Goa. Rationalisation of duty structure in low-grade iron by the central govt. has boosted the sales and also the revived import from China.    ]]></description>
			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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            <title>Tata Metalliks to do prospecting for iron ore in Maharashtra.</title>
            <link>http://mining.industry-focus.net/iron-ore-mining/139-tata-metalliks-to-do-prospecting-for-iron-ore-in-maharashtra.html</link>
            <description><![CDATA[    Government of Maharashtra has granted prospecting license to Tata Metalliks in 158 acres in Dongarpal and in Sindhudurg districts. The validity of license will be for two years. By prospecting, the company will assess the quality of iron ore and other minerals in the area. Post prospecting, it may seek mining license to start commercial production. It may be noted Tata Metalliks is the country largest pig iron producer. It is a joint-venture between Tata Steel and WB govt.  ]]></description>
			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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            <title>JKML is all set to revive its mining operations for Sapphire</title>
            <link>http://mining.industry-focus.net/sapphire/144-jkml-is-all-set-to-revive-its-mining-operations-for-sapphire.html</link>
            <description><![CDATA[      After nearly a century, work will start in full flow in Padder mines in Doda district of J&K. Padder mines is world famous for its pure-blue sapphire. Jammu & Kashmir Mining Ltd which is under loss due to terrorism disturbances  is now set to recover its losses from this Padder mines. GMDC, a state government corporation with good financial muscle is expected to get the contract. However, Padder mines  poses enough challenge as mining can be done only around 2 months in a year due to extreme climate conditions and inaccessibility.     ]]></description>
			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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            <title>Australian coal not in favour</title>
            <link>http://mining.industry-focus.net/component/content/article/35-uncategorised/australian-coal/48-australian-coal-not-in-favour.html</link>
            <description><![CDATA[      With Indian steel industry in difficulties, it is not favouring Australian coal due to its high costs. Many steel companies are having a relook at their current import plans and are ready to renegotiate contracts. However, Australian suppliers prefer long-term contracts and hence the hesitancy. Indian cos, may buy at spot market later    ]]></description>
			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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            <title>Coal India now favours long-wall mining technology</title>
            <link>http://mining.industry-focus.net/component/content/article/69-uncategorised/latest-news/50-coal-india-now-favours-long-wall-mining-technology.html</link>
            <description><![CDATA[In a bid to salvage its mining operations at Moonidih, Coal India Ltd, has awarded the contract to Zhengzhou, a mining technology firm from China, with stiff penalty clauses. It will ensure assured production from the mine and thereby reduces loss to 2-3rd and recovering its investment in this technology (Rs.4360 million). It may be noted that CIL has introduced this technology earlier and it has not shown favourable results and Zhengzhou has shown interest in development, mining and operation  & maintenance of Indian underground coal mines.    ]]></description>
			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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            <title>Govt. to cancel private sector allotments</title>
            <link>http://mining.industry-focus.net/coal/56-govt-to-cancel-private-sector-allotments.html</link>
            <description><![CDATA[ 
 


Rebuffed by the lack of progress by the private sector with the allotted coal blocks,  the minister of state for coal declared that govt. may consider cancelling. With 190 blocks given to private sector only few of the players have started work. It seems, that the ministry has also issued show-cause notice. Minerals & Metals (Development & Regulation) bill which is to tabled shortly in parliament will bring in changes in competitive bidding.
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			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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            <title>SCCL coal production  up</title>
            <link>http://mining.industry-focus.net/component/content/article/69-uncategorised/latest-news/46-sccl-coal-production-up.html</link>
            <description><![CDATA[      Singaneri Collieries Company Ltd (SCCL)  has improved its production efficiency. It is close to achieve its set target of 41.5 metric tonne and is expected to achieve 43.6 metric tonne by end of this year. Currently, it has supplied its excess production to APGENCO & NTPC and it expects to meet its other customer target. (KPC & Maharashtra State Generation Power Co Ltd). The company is also selling its excess production through e-auction and it has garnered sales to the tune of Rs.2040 million. {backbutton}  ]]></description>
			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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            <title>Sesa Goa sees slow demand for iron ore</title>
            <link>http://mining.industry-focus.net/iron-ore-mining/132-sesa-goa-sees-slow-demand-for-iron-ore.html</link>
            <description><![CDATA[Iron ore, chief input for producing steel is facing slump as steel producers are cutting production. The trickle down is happening now from real estate to construction to steel to iron ore. Sesa Goa which exports low quality iron ore to China is affected by major steel producers  effecting a production cut. World majors like Rio Tinto, Vale had already announced production cut . There is no respite at sight. Chinese government stimulus package is yet to give results.  {backbutton}]]></description>
			<pubDate>Fri, 30 Aug 2013 11:47:50 GMT</pubDate>
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