Tuesday, July 29, 2008
The Madhya Pradesh government will go measured on mining lease for new investors at the Gwalior investors' assemble, which is schedule for July 29-30. A lot of companies have submit an application for limestone, iron ore and other mines and have exposed attention in signing deal with the state government at the meet.
"We will give main concern to only those who are first applicants in investment offer on mining. A lot of companies have submit an application for mining lease in Madhya Pradesh however all will not be consider for signing MoUs. A number of mining investment applications are already awaiting," a senior government authorized told Business Standard, accumulation, "we will not amuse even big investors like Shyam Industries, which has proposed Rs 1,000 crore investments, if it is not the first applicant".
Hyderabad-based Sanghi Infrastructure has wished-for to set up a cement plant for Rs 600 crore and has asked for mining lease for 925 hectares at Kailaras and Baghreta (near Gwalior), Bansal Khanij Udyog for red oxide and red oxide premier at Rs 52 crore in Satna, KS Iron and Steel Private Ltd at Rs 70 crore for a steel rolling mill in Banmore and Morena (near Gwalior), MSP Steel & Power Limited for an iron ore beneficiation and integrated steel plant for Rs 2,300 crore in Jabalpur, etc.
posted by greatmining
@ 1:07 AM
permanent link | Post a Comment |
0
comments
Friday, July 11, 2008
A Stockholm-based gold mining firm - International Gold Exploration AB, said that it resolve abandon a tantalite mining project in Burundi subsequent to a study illustrated it wouldn't be efficiently possible.
A Kabarore Colombo mining project explained that ore as of the two prospective mining sites outcome in 50 percent upturn, the firm said in a report circulated by the Oslo Stock Exchange today. That formulates the project running at a loss in the present market conditions, the company said.
posted by greatmining
@ 5:23 AM
permanent link | Post a Comment |
0
comments
