Iron ore mines forced to close down in Jharkhand – threatens...

Iron ore mines forced to close down in Jharkhand – threatens supply

By: Ajoy K Das
4th September 2014

KOLKATA (miningweekly.com) - In a fresh body-blow to Indian iron ore production and supplies, 12 of the 17 operational iron-ore mines in the eastern Indian province of Jharkhand has been directed by the local government to shut down, effective immediately.

The provincial government’s order comes in the wake of the an Indian government notice that all mines operating with ‘deemed extension of lease’ under second or more renewals should be deemed to be illegal by all local governments.
Affected companies included Steel Authority of India Limited (SAIL), which operate three mines in the province, Tata Steel, which operates one mine, as well as Singhbhum Minerals, Orissa Manganese and Minerals Limited, Padam Kumar Jain and M L Jain & Sons.

http://www.miningweekly.com/article...down-in-jharkhand-threatens-supply-2014-09-04