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26/05/2020· Bhubaneswar: The Odisha government has already auctioned 13 of the 19 mining blocks and the highlight of this auction season is the high premium at which the blocks are being leased out, putting a question mark on the feasibility factor. So, can we
JSW Steel has secured Narayanposhi iron block in Odisha as part of an auction. Credit: Bishnu Sarangi from Pixabay. India based JSW Steel has reportedly secured a second iron block in the Indian state of Odisha, which has the capacity to produce more than 190 million tonnes Mt of iron ore.
The fourth block, Balda iron ore reserves 210.17 MnT was retained by Serajuddin and Co. at a premium of 118.05 . Another 15 mines will be put under the hammer on a daily basis and market expects aggressive bidding for most of them. In addition to the current list of 20 mines, a new list of 7 mines will also be introduced for auctions this month.
06/02/2020· Sajjan Jindal led JSW Steel has bagged fourth iron ore mine in the ongoing auctions in Odisha with the latest win of Jajang block that holds estimated reserves of 39 million tonnes, a
10/03/2020· Kolkata: The Odisha government haspleted the auction of iron ore mine leases that are due to expire on March 31. The fact that in no case the auction process has had to be annulled, suggests that the exercise has been smooth.
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17/02/2020· Applications invited for auction of 26 iron ore blocks: Pralhad Joshi 18 Nov, 2019, 05.35 PM IST Notice Inviting Tenders for 26 more iron blocks have been issued, Joshi said in a reply to a question in the Rajya Sabha. Since 2015, 24 iron ore blocks have been auctioned, the minister said. As per available information, the consumption of iron
The Odisha administration has set in motion the processanise auctions for mining leases for as many as 24 iron ore mines. The leases in those cases, allotted on nomination basis, would
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19/03/2020· Bhubaneswar: Naveen Jindal controlled Jindal Steel Power JSPL has bagged the Guali iron ore mines in Odishamitting to pay 144 premium.pany won the mining block in the mining auction held on Wednesday. As many aspanies including JSW, Adani Group, KJS Ahluwalia and RP Sao were in the race, said sources.
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MUMBAI: Steel and sponge iron makers of the country have asked the government to not delay the auction of 288 iron ore blocks whose leases are set to expire in March, 2020, so as to create a level playing field for iron ore users and prevent an extensive loss of public revenue from taking place.
Officials fear that with Indian export offers for high grade iron ore fines Fe content 63.5 percent and above falling below the US $90/ton mark to a range of $87/ton to $88/ton, local traders and exporters were not expected to respond and put in bids at the e auction. What was also weighing down the fines was the 30 percent export duty imposed by the Government of India.
31/01/2020· Auction of working mines in Odisha kicked off today with JSW Steel emerging as the highest bidder for the massive Nuagaon iron ore block with a bid of 95.2 per cent. This is the first of 19 iron ore mines that are up for grabs before their leases expire on 31 March 2020
26/05/2020· Bhubaneswar: The Odisha government has already auctioned 13 of the 19 mining blocks and the highlight of this auction season is the high premium at which the blocks are being leased out, putting a question mark on the feasibility factor. So, can we
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06/02/2020· Sajjan Jindal led JSW Steel has bagged fourth iron ore mine in the ongoing auctions in Odisha with the latest win of Jajang block that holds estimated reserves of 39 million tonnes, a
17/02/2020· Lessee Ghanashyam Misra and Sons Pvt Ltd Mishra Sons Pvt Ltd retained Gorumahisani iron ore block in Odisha auction at a premium of 115 per cent the same day. On Sunday February 9, Goa based mining form Sociedad De Fomento Industrial Pvt Ltd bagged Nadidih iron ore blockmitting to pay 141.25 per cent of the average sale price to the state government. Patnaik Minerals
MUMBAI :g iron ore mine auctions in Odisha might see muted participation from steel makers worried about high bid expectations, company executives said. The state will auction eight mines
The government of Goa has offered the highest ever quantity of 4.7 million tonnes of low grade iron ore for sale through auction. Of around 15 million tonnes of iron ore inventories before suspension of mining in the state two years ago, Goa's Directorate of Mines Geology has sold 5 million tonnes in seven auctions since February 2014. Bidders placed bids for 55,450 tonnes of the 1.01
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25/08/2019· The government of Karnataka has identified one iron ore mine for electronic auction for grant of mining lease and accordingly notice inviting tender was issued dated Aug. 20, on MSTC website for Donimalai Mine, according to a notice by the state government. The schedule of the auction process for the said mine is hereby deferred until further notice. The state had earlier withdrawn
BSY seeks to auction iron ore of C category mines. B S Yediyurappa seeks to auction iron ore of C category mines. X Share via. Share permalink. DHNS, Bengaluru, May 30 2020, 00:32 ist updated
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New Delhi: The bidding for Balda iron ore block began on Monday. Of the 13 technically qualified bidders, Serajuddin Co, ArcelorMittal India Pvt Ltd, JSW Steel, Adani Enterprises Ltd and Rungta Mines Ltd are in the final race. One of Indias largest iron ore mines, Balda in Keonjhar has an estimated ore reserve of 200.11 million tonne.
05/03/2020· By order of Assmang Khumani Iron Ore Black Rock Online auction of tungsten tipped rock drill bits, scrap copper cables, austenitic manganese crusher liners,otives, bakkies and much more To see a slide show of the Items on auction, please CLICK HERE
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The Odisha administration has set in motion the processanise auctions for mining leases for as many as 24 iron ore mines. The leases in those cases, allotted on nomination basis, would
10/03/2020· Kolkata: The Odisha government haspleted the auction of iron ore mine leases that are due to expire on March 31. The fact that in no case the auction process has had to be annulled, suggests that the exercise has been smooth.
Operations have started in only a handful of the 88 iron ore deposits that were sold in the last major auction. The delays in starting operations were primarily because of the delays in obtaining
The fourth block, Balda iron ore reserves 210.17 MnT was retained by Serajuddin and Co. at a premium of 118.05 . Another 15 mines will be put under the hammer on a daily basis and market expects aggressive bidding for most of them. In addition to the current list of 20 mines, a new list of 7 mines will also be introduced for auctions this month.
Timeline of Events Leading Up to the Iron Ore Mines Auction 2020 On 6th December 2019, Odisha Government issued a call to start fresh process for mineral block auctions that is poised to attribute more sanity to the online bidding system.
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