Iron ore mining to resume in Goa in next few months
Updated: Feb 10, 2014 02:01:12pm
New Delhi, Feb 10 (KNN) Goa with three billion tonnes of iron ore reserves is likely to resume mining before July-August, Chief Minister Manohar Parrikar said today.
Addressing an industrial conference here Parrikar said the iron ore reserves in the state have gone up following permission from the Indian Bureau of Mines to explore lower grades of the ore.
The iron ore exploration and production had stopped in Goa following a ban on the same by the Supreme Court.
Goa is credited for having pioneered the exports of iron ore from India. It exports 70.08 per cent of India's Iron Ore, the 2011 iron ore exports being 43.27 million tonnes per annum.
A fair share of the country’s iron ore deposits is available in the union territory. Although of low iron content, the ore is made marketable by processing. Ore is exported in the form of lumps, fines and pellets. The proximity to a natural seaport with modern amenities adds to its advantages. (KNN/ES)
Addressing an industrial conference here Parrikar said the iron ore reserves in the state have gone up following permission from the Indian Bureau of Mines to explore lower grades of the ore.
The iron ore exploration and production had stopped in Goa following a ban on the same by the Supreme Court.
Goa is credited for having pioneered the exports of iron ore from India. It exports 70.08 per cent of India's Iron Ore, the 2011 iron ore exports being 43.27 million tonnes per annum.
A fair share of the country’s iron ore deposits is available in the union territory. Although of low iron content, the ore is made marketable by processing. Ore is exported in the form of lumps, fines and pellets. The proximity to a natural seaport with modern amenities adds to its advantages. (KNN/ES)
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